In traditional finance and existing CeFi option providers such as Deribit, users looking to sell volatility have to decide which strikes and expiries they'd like to provide liquidity for while constantly scanning orderbooks for buy side liquidity.
This can be a tedious and slow process manually and needing constant monitoring and parameter updates incase of it being done in an automated manner.
Dopex makes use of option pools allowing anyone to earn a yield passively by selling options to purchasers with minimal interaction with the protocol. Pool participants can simply deposit base or quote assets to a pool which would be utilized as liquidity to users looking to purchase call and put options. At the end of every epoch (weekly or monthly), pool participants would be able to collect their share of pool holdings including premiums paid for all options relative to the size of the pool as well as DPX token rewards at the initial stages as an incentive for providing liquidity.