Two types of Players would be appearing on SEAWEED -- Option Traders and Liquidity Providers.
Option Traders: People who trade options mainly to make a directional bet with protection of large, unexpected movements that may liquidate their highly leveraged future trading pairs. Option Traders buy call/put option by paying option premiums to liquidity providers to acquire their desired exposure. In addition to the option premium, a small number of trading fees will also be paid by options traders to the platform. Options traders would also be rewarded with SWF tokens for their trading activities on the platform.
Liquidity Providers: People who would stake their underlying assets such as HETH/HBTC/HT for more stable income exposure. They would act as the counterparty of option traders and they would also receive SWF token rewards for their asset staking activities.
Last modified 7mo ago
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