We are closing in on the final stages for the completion of the ethopt platform, so would like to provide an update now on the expected features, and details of the staking model.
Before we go live on the mainnet, we would also like to go through one final round of public testing, on the ropsten network, so the whole of our community will be able to try the platform, and provide any final feedback.
From there we will be able to smoothly transition into the full mainnet release.
Details on times and dates will be provided next week in an announcement.
Available on release
- Deposits/Withdrawals
- Creating requesting call/put options
- Cancelling orders
- Buying/filling orders
- Reselling orders
- Chart integration
A simplified chart to make it non-intimidating, to a user new to options. It will show the average option strike price for particular maturation periods, the current market price, and given the average premium it’ll show the average break even price - Top markets tab
Notice
No liquidity is locked up like some competitors, so lower custodial risk.
Staking
Our staking model will consist of two alternative contracts.
Regular OPT staking
- No staking fee, but a un-staking fee of 1%, which goes to burn address.
- No lock up periods, you can deposit and withdraw at anytime.
- Shares 50% of the dividends.
OPT LP staking(only applies for the OPT-ETH pair)
- No staking or un-staking fees, since liquidity providers already bear the risk of impermanent loss.
- No lock up periods, you can deposit and withdraw at anytime.
- Shares 50% of the dividends.
Dividends accrue dynamically, meaning you will be able to watch them go up on a real-time basis.
Links
Website https://ethopt.io/
Buy OPT https://app.uniswap.org/#/swap?inputCurrency=0x7D25d9f10Cd224EcCe0Bc824A2eC800Db81C01d7&outputCurrency=ETH
Telegram https://t.me/ethopt
Twitter https://twitter.com/ethoptio
GitHub https://github.com/hdizzle83/ethopt.io
Whitepaper https://ethopt.io/assets/whitepaper.pdf
