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Description
Opyn v2 provides European-style, cash-settled options that automatically exercise at expiration. With cash settlement, holders of the options are not required to deliver the underlying asset to exercise their options; instead, the settlement occurs in the collateral asset, and they receive the difference between the underlying asset’s price at expiration and the strike price from the sellers of the options. The Opyn options, known as oTokens, are in the ERC20 format, enabling their trading on any decentralized exchange that adheres to the ERC20 standard. One key motivation for investors to engage in options trading is the potential for income generation. Much like yield farming, options can be utilized to earn returns or create income regardless of market conditions. Traders can leverage options to use a smaller capital outlay while still gaining exposure to price movements of an asset. This approach offers similar market exposure to direct asset ownership but with reduced capital requirements, thereby enhancing leverage and providing greater flexibility within investment portfolios. Ultimately, the strategic use of options can significantly amplify potential returns while managing risk effectively.
Description
The InSure DeFi Network is dedicated to bringing stability to the cryptocurrency industry by safeguarding investors against scams, theft, and significant drops in the value of their crypto assets. To secure your crypto portfolio, you can simply obtain SURE tokens from various exchanges. It's important to avoid keeping your SURE tokens on centralized exchanges for security reasons. When you wish to file an insurance claim, you must submit a proposal on Snapshot using the wallet containing your ERC20 SURE tokens. We are actively developing smart operations to establish a robust crypto-insurance system that is designed to assist you at any time. Every holder of SURE tokens is welcome to participate in the InSure DAO, where they can vote on disputes and updates to the roadmap. We will handle your request carefully and will begin the transfer of SURE tokens equivalent to the insured amount in accordance with the plan you selected. This ensures a comprehensive safety net for your investments in the ever-changing landscape of cryptocurrencies.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Opyn
Founded
2019
Country
United States
Website
www.opyn.co
Vendor Details
Company Name
inSure DeFi Technologies
Website
insuretoken.net