> For the complete documentation index, see [llms.txt](https://profiteering-pirates.gitbook.io/profiteering-pirates/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://profiteering-pirates.gitbook.io/profiteering-pirates/passive-income-in-detail/cega.md).

# Cega

<img src="/files/OasehXylvxLFUHnFnv1p" alt="" data-size="original">

#### What is Cega?

Cega is a decentralized exotic derivatives protocol. We build exotic options structured products for retail investors that generate superior yield and offer built-in protection against market downturns. In addition, Cega is developing new capabilities in tech, token contracts, and data modelling that will enable the next evolution of defi derivatives.

#### What is our mission?

To create superior, flexible, diversified investment opportunities for every Web3 investor.

#### What are our values?

Cega is a value-driven protocol, and we strongly believe in living/executing the following values every day:

#### What are exotic options?

Exotic options are hybrid financial securities that offer unique and customizable payment structures, expiration dates, and strike prices. Light exotics include one or more vanilla options strategies and one exotic quality. Heavy exotics are structures that include more than one exotic quality.