March 29, 2024

deltatheta – p2p options exchange on Ethereum (NO INTERNAL TOKEN, MINTING, FARMING, etc.).

Hi all.
This is deltatheta's first post.
deltatheta is a p2p options platform on the Ethereum blockchain. That is, you cantrade options directly from your Metamask wallet. The platform supports any tokens/assets on the Ethereum blockchain.

The trading mechanics are the same as in the classic market. If you are already familiar with options, then you will find:
- American
— weekly, expiration every Friday
- the seller has 100% coverage (we are working on improving it, for a number of pairs for the put seller - this limit will be lower)
— platform commission
- offset deals

First available ETH/DAI pair. This Thursday, beta testing starts on the testnet and will last a couple of weeks. Then we'll go to Mainnet.

Why I believe in options.I come from the classic market. Options are the foundation of the entire investment industry. Why I believe in crypto. I was introduced to crypto about 5 years ago and went from mining and nascent margin trading on Bitmex to Defi.

I don’t believe in Defi as it stands.Today. The internal token is an unnecessary add-on. You have one single logic for issuing a token and then only like retroactive distribution is corporatization (as Uniswap or 1inch did). Retroactive distribution allows you to avoid problems with corporatization. In all other cases it is nonsense. I'm not talking about minting or pharming.

Here I will write some theoretical things (let's start with a simple type of what a call is and what a put is, and we will get to the Greeks). I will also look at how options can set the entire Defi market on fire.

If you have ideas and suggestions - write! I will gladly read it.

deltatheta - p2p options exchange on Ethereum (NO INTERNAL TOKEN, MINTING, FARMING, etc.).