PsyFinance Launches v2 to Open Vault Auction to More Bidders

Solana-based decentralized options vault PsyFinance announced the launch of v2, marking its transition from American style options to European style options. PsyFinance's vault auctions will be held on the PsyOptions x Serum order book and open to bidders besides white listed market makers. $USDC bidding is accepted. In addition, PsyFinance v2 has also introduced a fee structure into the Vaults. There will now be a 10% performance fee and a 0.1% withdrawal fee on all v2 Vaults.