How does the benefits generator OptionPanda protect users’ interest in the sluggish market?
The recently increased regulation in the US and China has caused volatility and a strong downward trend in the crypto market, in which investors have suffered considerable losses. But the financial market is a zero-sum game. While some people lose money, others profit from it. As long as you are equipped with the right gear and strategy, there are multiple opportunities to gain benefits regardless of the market.
Normally, futures contracts and options can assist investors to earn profits in a downward market. However, due to the high rates of futures contracts in the current unilateral market and the risk of burned accounts associated with futures, futures contracts are not the ideal investment tool for most people.
By contrast, options are known as “contracts that don’t burn accounts” and have a very good arbitrage effect. Many miners use options transactions to hedge their positions based on their predictions of the futures market. However, most of the existing crypto options products are long-term and thus have limited risk protection against sudden and extreme market conditions.
Tailored to the volatile characteristics of crypto markets, the DeFi option protocol OptionPanda is a perfect project for individual investors for hedging in this unilateral downward market.
OptionPanda provides short-term European-style options on BTC, ETH, and BNB, with option expiration periods from 5 minutes, 15 minutes, 30 minutes, 45 minutes to 1 hour. It will automatically exercise the options upon expiration and calculate profit/loss based on the market price and the price at which the order was placed. The entire transaction process is very simple and can have a very good arbitrage for crypto investors.
Currently, OptionPanda supports both BSC and Metamask wallets. After connecting their wallet, users only need to select the option expiration period and direction under the corresponding token; fill in the number of options to be bought; then pay and wait for the automatic option settlement. The whole process is very simple and the only thing the user has to do is to predict the market.
For example, you pay 10 USDT to buy a call 5 minutes option with BTC at the price of 30,000 USD. 5 minutes later, BTC rises to 31,000 USD, and your income is worth 1,000 USD BTC.
OptionPanda’s users have benefited greatly from the recent downward market trend to the extent that they earned a significant portion of the liquidity pool.
In addition to the options, OptionPanda has also set up LP mining, transaction mining and liquidity mining. Users can receive market-making income from the platform token OPA by injecting BTC, ETH, BNB, or USDT into the option underwriting pool, while at the same time obtain income from transaction fees. The current APY for mining stands extremely high.
OptionPanda’s income from market-making fee
OptionPanda’s income from market-making mining
OptionPanda’s short-term options allow for quick arbitrage gains in the present unilateral downward market while protecting users from the risk of account burning in futures contracts. Its easy and simple operation is very friendly to retail investors.