Vitalik: Building an index to track assets based on options rather than debt is worth considering and trying

Vitalik posted on the X platform that building an index to track assets based on options rather than debt is worth considering and trying, that is, options will be used as the basis of DeFi rather than CDP and clearing mechanisms. This design avoids extreme price fluctuations causing drastic and global clearing effects, allowing exposure to the index to deviate from preferred exposure in a smoother secondary way. Its key advantage is that it does not require a real-time oracle and can run based on a slow oracle, which predicts the type of oracle used in the market. This design has obvious shortcomings, that is, it requires regular rebalancing, and it is still necessary to clarify whether and how rebalancing can have sufficient anti-slip point capabilities. Vitalik added that instead of relying on oracle mechanisms that must give answers in real time and may be induced to give wrong real-time answers without manual remediation, he believes it is safer to hold algorithmic stablecoins placed in such mechanisms.