0x Home » ETHOptions
ETHOptions
0
12 ▲
A decentralized ERC20 Options Trading platform to hedge against your crypto investments by leveraging profits and managing risks.
Decentralized Finance
Ready for launch
Makers
Siddharth Bhalla, Nikhil Yadav, and Parina Anand
Tags

A decentralized ERC20 Options Trading platform. An option is a contract that gives an investor the right — but not the obligation — to buy/sell a Crypto Asset (ERC20 Token) at a certain price within a certain period of time. Options Sellers receive ERC20 Option Tokens, generated against their deposited BaseTokens in Escrow, after setting the strike price & expiry time. The Option Seller then creates orders to our 0x Options Relayer to exchange the ERC20 Options Tokens against a Premium (fraction of Strike Price), paid by the Option Buyer in terms of QuoteToken. Exchange of ERC20 Option Tokens & Premium is done by 0x Exchange. The buyer can now choose to exercise his Option Tokens within the expiry time to purchase the locked BaseTokens at Strike Prices, in terms of QuoteTokens. Buyer can then sell BaseTokens in the market, thereby making a profit of (MarketPrice - StrikePrice) per locked BaseToken.

Comments (0)
Please log in or register to post a comment.
1268d711 9f49 4507 8882 2fc4633de1f2 1545189969
Hackathon: Bringing Decentralized Markets to the Masses
$10,000 1st prize · $100 per participant
Jan 10 – Feb 7
Online