Optimum is a platform for decentralized options trading. We have a working beta platform for call options on ETH/ERC20 tokens, and we're building the next iteration right now.
We are having a live beta test on February 16th:
https://www.facebook.com/events/541736906204641/Airdrop DetailsWe'll be airdropping tokens for all active participants in the aforementioned beta test. We're still deciding how many tokens to issue, among a few other things. You can weigh in via Google Form
https://docs.google.com/forms/d/e/1FAIpQLSetsmINx-e5AknEk9wB6SxKtlDyZABRoWO_tV1gNRKICaxe0g/viewformWe're also on Telegram with at
https://t.me/optimumCan I use the platform?Yes! We're live at
https://ddx.optimum.network, however we're still working on bringing in proper liquidity.
AboutMany people in this thread have been disappointed by the lack of more information on the project. I'm going to try and address that:
At this time, Optimum is a decentralized options trading platform for ETH/ERC20 tokens, built with our own decentralized protocol implemented as an Ethereum smart contract. The platform offers call options on three tokens at the moment, but will be adding many more very soon and eventually open up listing to the public, as well as offering put options and leverage.
How does out platform make money? We charge a 0.25% take-liquidity fee on taker orders, charged in ETH.
What are we planning for the future? ETH/ERC20 is where we are getting our start, but the market is hungry for all different types of options, cross-chain crypto pairs in particular. We want to build a peer-to-peer options exchange where users can trade many different crypto pairs, agnostic to the blockchain those cryptos run on. This is where our token comes in. Building cross-chain trading pairs in not a simple task, so we are issuing our own token to fund the development of this next level platform.
How will the token work? We really like the Binance model, where the token is used to get a discount on platform fees. We wouldn't want to force anybody to use our token unnecessarily, but we would like to incentivize active traders to stock their account with our token in exchange for a reduction in trading cost. Any other products or services built with our platform will also be purchasable, at a discount, with our token. Essentially our token is an accepted form of currency for our products. If you have questions or concerns about this mode, once again here is a link to the survey where you can voice that feedback (I read every response)
https://docs.google.com/forms/d/e/1FAIpQLSetsmINx-e5AknEk9wB6SxKtlDyZABRoWO_tV1gNRKICaxe0g/viewformToken issuance: based on survey results so far we will likely issue between 1,000,000 and 200,000,000 tokens under the symbol "ODX" (Optimum Derivatives Exchange).
Hopefully we can get a better website built that can really tell this story more clearly.
We openly welcome any questions, comments, or concerns.
-Brian