EOSOptions Releases the Quote Pit and Liquidity Provider Handbook

EOSOptions has released preliminary guidelines for stakeholders wishing to register as Quote Pit (QP) owner/operators and Liquidity Providers (LPs).

These guidelines can be found in The Quote Pit and Liquidity Provider Handbook

In this handbook we describe the characteristics and properties of Quote Pits (QPs) and Liquidity Providers (LPs). The intention of this document is to provide preliminary guidance for operating as a QP and/or LP in EOSOptions. (Note: This document only covers QP and LP. Please see forthcoming documentation on other stakeholders.)

QPs and LPs form the basis of the EOSOptions Negative Fee model, which is designed to decentralize the participants down to the microstructure level. This creates a fairer system which acknowledges the existence of different classes of stakeholders and provides the incentive for each class to work together globally, while competing to earn the most within their particular niches in the market.

The EOSOptions Community Fund (CF)

In the Negative Fee trading model, the CF is the engine that drives the system. The CF is funded from two sources.

  1. A percentage of LPs’ flow fees accumulate in the fund after each successful match.
  2. EOSOptions Stakeholders’ DAPP token inflation rewards (daily)This system results in a combination of incentives for stakeholders.

In the short term, market participants are rewarded in proportion to their contribution to overall trading activity.

In the long term, stakeholders are rewarded with a percentage of the CF, which itself grows in proportion to trading volume and overall market size.

Be a Part of Building DeFi 3.0

EOSOptions mission is to build a world class DeFi ecosystem that will be the first to gain mass adoption. Built on EOSIO technology and the DAPP Network, EOSOptions is designed from the ground up to offer the fastest and most secure DeFi platform to date.

About EOSOptions

EOSOptions is a decentralized derivatives trading platform which enables users to create and trade OTC options on-chain. Built on EOSIO technology, with 500 millisecond block times and approximately 15 second updates from our LiquidApps Price Oracles, EOSOptions is designed from the ground up to offer the fastest and most secure DeFi derivatives platform to date.

Important Links:

For detailed information on EOSOptions, check out the full Whitepaper + Roadmap

website: https://www.eosoptions.com/

telegram: https://t.me/eosoptionscom

Self-Cleared Low-Latency OTC Options DEX. EOSOptions is a decentralized platform enabling users to create and trade OTC options on-chain. Built on EOSIO tech