Option Panda OnePager
Option Panda is a decentralized options underwriting & trading exchange, which supports several blockchain networks including Ethereum and Binance Smart Chain.
🔸Advantages of Option Panda
- Scalable: OPA is scalable both in terms of crypto-asset classes and expiry dates.
- Convenient: OPA automatically settles expiring options and updates new option offerings according to transparent rules.
- Transparent & Fair Pricing: OPA adopts a transparent option pricing mechanism.
- Dynamic Sigma Adjustment: OPA computes dynamic adjustment of prices based on market supply and demand.
- Community Driven: OPA will gradually transfer the governance ownership to the community, and let platform tokens holders decide its roadmap.
🔸Main Features of Option Panda
- Option Panda is fully decentralized, with completely no human intervention.
- Option Panda’s option pricing mechanism is transparent and strictly follows the Black-Scholes formula.
- Option Panda offers Fiat Basis options to avoid any invisible losses.
- Option Panda automatically exercises expiring options using smart contracts.
- Beneficiary rights can easily be transferred anytime.
🔸Option Panda’s Roadmap
- Option Panda will focus on providing traditional cryptocurrency (BTCB/ETH/BNB etc.) options trading on Binance Smart Chain and list more underlying assets
- Support more Ethereum Smart Contract such as Optimistic Rollup, Algorand, etc. for users who use those public chains to trade options.
- Integrate the platform with other decentralized asset trading protocols.
- Launch synthesized asset option underwriting.
đź“° INFO:
https://optionpanda.medium.com/option-panda-onepager-cece9d7d59
