Vitalik Announces Option-Based Index Asset Framework Now in Ethereum Testnet

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Ethereum co-founder Vitalik Buterin announced on June 11 that a framework for building index-tracking assets based on options rather than debt is now undergoing implementation and testing across multiple teams in the Ethereum ecosystem. Buterin emphasized that protocols planning mainnet launch should complete formal verification beforehand and called on the Vyper community and formal verification tool developers like Verity to participate in security audits. He also recommended prioritizing robust oracle designs to reduce systemic risks upon mainnet deployment.
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