Use any token as collateral, including staked tokens still earning yield! stETH, sBTC, and more.
Get LONG tokens for American-style exercise rights and SHORT tokens for post-expiration redemption.
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No oracle needed. No margin. No counterparty risk.
Exercise anytime before expiration with LONG tokens. Redeem after expiration with SHORT tokens.
Earn yield through covered options. We handle the selling and market making.
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