Optio protocol is a decentralized capital efficient options protocol that enables writers and buyers to create and manage options.
Optio protocol enables any developer to create semi-fungible tokens with arbitrary data structures, that represent rights and obligations, with fully on-chain metadata storage. On-chain metadata on StarkNet opens up new use cases that were prohibitively expensive or too computationally intensive.
Optio protocol enables any user to create arbitrary options tokens, that represent rights and obligations. The tokens created by Optio are European options style, meaning all the options will automatically be exercised at expiry. A holder can redeem the proceeds, the protocol will pay the holder the value based on strike price and underlying spot price at expiry, instead of actually exchanging the underlying asset.