About OptionFlow:

 

 

OptionFlow

 

This project is new, we will provide more information as they continue to evolve!*

 

OptionFlow, is a decentralized option protocol built on the Cardano blockchain. Our mission is to revolutionize the options market, making it accessible, transparent, and innovative for all Cardano users.

 

With OptionFlow, you can:

• Create options contracts with ease.

• Redeem option contracts with ease

• Perform analyse on options created with the OptionFlow protocol

 

Some example use cases:

 

• Endless Creativity: The beauty of OptionFlow lies in the freedom it offers! As a user, you can create options for any DeFi token on Cardano and implement your unique trading strategies. The possibilities are limitless!

• Extra Income Opportunities: With OptionFlow, trading options not only gives you market exposure but also presents income-generating possibilities. Whether you're a token holder or an option creator, you can earn extra income through the premiums.

• Hedging Your Portfolio: Worried about potential market fluctuations? OptionFlow has your back! You can hedge your entire portfolio by selling Call Options on your tokens. This allows you to earn premium income while protecting yourself from uncertain price movements.

• MuesliSwap - The Marketplace: Ready to explore the world of DeFi Options? Head to MuesliSwap, the decentralized marketplace where OptionFlow options are traded. Find the perfect counterpart for your trades and dive into the new future of DeFi options!

 

The OptionFlow protocol is at the heart of our platform. It leverages Cardano's Extended UTXO (eUTxO) model and smart contracts to provide efficient and seamless option creation and execution.

• Option Minting Policy: Ensuring proper issuance and locking of deposit tokens for each option token minted.

• Option Redeemer: Smart Contract address ensuring the execution of options during specified intervals.

• Equivalence to Traditional Call and Put Options: Emulating both call and put options in a decentralized and trustless environment.

• Price Discovery: Options prices determined by free-market trades on the MuesliSwap order book.

 

How to Use OptionFlow Protocol:

 

Here you can find an example workflow how you will be able to use the OptionFlow interface and how to interact with the OptionFlow protocol

 

Creating and Listing Options on OptionFlow

 

OptionFlow offers a seamless and user-friendly experience to create and list options on the Cardano blockchain. Here is an example workflow

 

Step 1: Access the OptionFlow Interface

Visit the OptionFlow website and access the user interface by connecting your Cardano wallet

 

Step 2: Input Option Details

In the option creation section, provide the following details:

• Token: Select the token you want to use for the option. This can be any token available on the Cardano blockchain, including native assets and popular tokens like ADA, MILK, or iUSD.

• Expiration Date: Set the expiration date for the option. This is the date until which the option holder can exercise their right to buy or sell the underlying asset.

• Strike Price: Determine the fixed price at which the option holder can buy or sell the underlying asset upon exercising the option.

 

Step 3: Create the Option

Once you're satisfied with the option details, click "Create Option." The OptionFlow protocol will handle the issuance of option tokens and lock the corresponding deposit tokens in the Option Redeemer smart contract.

 

Step 4: Listing on MuesliSwap

After creating the option, you have the option to list it on the MuesliSwap order book. Listing on MuesliSwap allows potential counterparties to discover your option and trade it directly through the DEX. Based on the input provided, the OptionFlow interface will suggest a fair price for the option. This fair price is calculated using a combination of market data, volatility, and other relevant factors. You can choose to accept the suggested price or adjust it based on your preferences.

 

Step 5: Trading on MuesliSwap

Once your option is listed on MuesliSwap, users can discover and interact with it through the DEX. Trading on MuesliSwap is decentralized and secure, providing users with a trustless environment to execute trades without intermediaries.

 

Step 6: Option Redemption

As the expiration date approaches, option holders can choose to exercise their right to buy or sell the underlying asset at the fixed strike price. To redeem the option, the holder needs to burn the option token by interacting with the smart contract.

 

Step 7: Unlocking the Deposit Tokens

In case the option expires without being redeemed, the option issuer can unlock the underlying deposit tokens by burning the option token. This allows the issuer to reclaim the deposit tokens after the option has expired.

 

By following these steps, you can efficiently create and list options on OptionFlow, leveraging the power of Cardano's blockchain and the MuesliSwap DEX. Enjoy the benefits of decentralized options trading, and explore a world of financial opportunities at your fingertips!

 

OPT Tokenomics:

 

OptionFlow Token (OPT) has a total supply of 45 million tokens

 

• 10 million OPT will be claimable exclusively by MILK token holders. If you have MILK tokens, you can claim 1 OPT token for every MILK token you possess. Whether your MILK tokens are staked, in vaults, or used as LP tokens, all of them will count towards your claim. The snapshot for the airdrop will take place on July 26th at 3 pm UTC.

• 5 million OPT will be allocated for yield farming incentives. These incentives will reward users who actively participate in the OptionFlow ecosystem and contribute to its growth and liquidity.

• 30 million OPT where distributed in the public sale.

 

About The Team:

 

OptionFlow is developed by MuesliSwap, a group of passionate developers and blockchain enthusiasts. We are committed to democratizing finance and providing equal access to the options market for all Cardano users.

 

Our Core Principles:

 

• Accessibility: We believe everyone should have the opportunity to participate in options trading.

• Transparency: Our platform is built on smart contracts, ensuring a tamper-proof and auditable experience.

• Innovation: We continuously explore new features and incorporate community-driven feedback to improve our ecosystem.

 

 

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