Quote from: Flater on November 18, 2020, 10:49:16 PM

Quote from: waya on November 18, 2020, 07:27:52 PM

Hello All,

I love the idea of decentralized options. Not only would one be able to write their own contracts, but the on chain storage is a perfect record keeper for all things like taxes. This also should reduce costs and put DeFi and cryptocurrency as a whole into the spotlight even more. Good Job!!

Cheers,
Waya

At the beginning it wouldn’t be possible for a user to create their own contract for liquidity issue.
But we aim at doing that.

It’s very cool if you believe ETH will go up , you can sell a put, earn a premium, and if it goes up you loose nothing but you make money with the premium.
In the end we want a very easy way for our users to buy and sell complex strategies,

For example:

1- Today if you believe the bitcoin will be very volatile but you don’t know if it will go up or down, you can’t make a profit... with our platform you’ll be able !
2- If you believe the bitcoin (or any other wrapped or ERC20) will remain stable, at the moment you can’t make money , with our platform it will be possible.

When synthetic equity will be available on-chain you could sale option on Tesla or Apple which currently only investment bank can do !

It’s really a huge step to bypass the banks and bring peer-to-peer finance to another stage.

Well this sounds like a unique project indeed, I haven't heard about many places where you can earn on volatility predictions, especially in the crypto world!