MOBR3
MOBR3 is the last round following MOBR2 and part of our effort to invite early access users to Moby on Testnet before going fully live on Arbitrum One in H1, 2024. MOBR3 focuses on showcasing Improvements to Capital efficiency applied to Moby with ‘Pay Less’ Feature via Combo Option.
For further information, please visit the MOBR3 articles
Shootout
Moby reached remarkable achievements in its first week of MOBR3.
- $6B+ in Testnet Trading Volume
- 1,000+ Participants
- OLP remained stable and recorded High triple-digit APRs
In the face of such constraints, we’re thrilled with the outcomes we’ve achieved.
- Team have only injected about 1/10th of the liquidity compared to MOBR2
- This time, Team didn’t impose the trading restrictions of BTC 5 / ETH 40 such as MOBR2
Despite this, whales were able to ‘Freely Execute Trades’ of various positions on Moby, thanks to the ‘Pay Less’ feature🐋
Can you feel the enhanced liquidity of Moby?🤓
Playbook MOBR3
Playbook MOBR3 is created to help users complete Galxe missions from Week1 all the way through Week4!
This week’s goal is to become a Moby’s market maker yourself!
: Providing liquidity to Short-term / Mid-term OLP by buying sOLP/mOLP Token
* To achieve the mission, whales purchase at least $20,000 in OLP.
Leveraging options at 1000x is indeed one of the most thrilling methods to amplify your earnings.
Yet, it’s crucial for Whales to recognize that this isn’t the sole strategy for capital growth!
- By contributing liquidity to the Options Liquidity Pool (OLP), Whales can secure a Greeks-Hedged passive income, derived through the Risk Premium Mechanism.
What’s More: by providing liquidity, whales contribute to vitalizing SLE (Synchronized-Liquidity-Engine) so that more whales can trade on Moby🌊
Haven’t completed your First-week mission yet?
- Although Week 1 has come to an end, you can still work on Week 1 tasks on Galxe
- However, please note that you must complete Week 1 to proceed with Week 2!
- Check out the article below if you want to speed up on the First-Week mission complete
— Playbook MOBR3: (1) Strategies for the Genius: Trade strategically with ‘Pay Less’ Feature
💡Tip: Join our Galxe to complete weekly missions, trade various option, and entice yourselves for “Exclusive rewards”. We are focusing to provide rewards in such structure that the “Most Active and Diligent Participant” gets the most rewards🪂
Providing Liquidity — Short Term
① Click “Pools” to provide liquidity for triple-digit APR
② Choose Short Term pool to “Buy” sOLP Token
(Each Options LP to consist of BTC, ETH, USDC; Real-time Greeks not reflected on illustration at the moment)
③ Select whether to “Buy” or “Sell” (Illustration depicts case for “Buy”)
(Selecting “Buy” represents injecting asset into the Options LP whereas selecting “Sell” represents retrieving injected asset from Options LP)
④ Click “Pool Detail” (later appears as “Hide” once extended) to look up pool status (Lock-up period to claim rewards is 7 days)
⑤ Select which asset (BTC, ETH, USDC) to “Buy” OLP token, execute transaction
(Fees incurred on OLP purchases vary according to the OLP Target Weight)
⑥ Review stake and rewards on a real-time basis; Click “Claim” to claim rewards
💡Tip1: The Short-Term Pool provides liquidity for trading in short-term options like One-Day Options and 2-Day Options.
💡Tip2: sOLP/mOLP Token is automatically staked and cannot be swapped during 7days of the Cool-down period
Providing Liquidity — Mid Term
① Click “Pools” to provide liquidity for triple-digit APR
② Choose Mid Term pool to “Buy” mOLP Token
(Each Options LP to consist of BTC, ETH, USDC; Real-time Greeks not reflected on illustration at the moment)
③ Select whether to “Buy” or “Sell” (Illustration depicts case for “Buy”)
(Selecting “Buy” represents injecting asset into the Options LP whereas selecting “Sell” represents retrieving injected asset from Options LP)
④ Click “Pool Detail” (later appears as “Hide” once extended) to look up pool status (Lock-up period to claim rewards is 7 days)
⑤ Select which asset (BTC, ETH, USDC) to “Buy” OLP token, execute transaction
(Fees incurred on OLP purchases vary according to the OLP Target Weight)
⑥ Review stake and rewards on a real-time basis; Click “Claim” to claim rewards
💡Tip1: The Mid-Term Pool provides liquidity for trading in Mid-term options like Weekly Options and Monthly Options.
💡Tip2: Database for checking eligibility on Galxe will be updated daily (01:30 UTC)
This article is MOBR3’s Second-week playbook of Moby,
If you’re still a smol whale trader, it is recommended that you follow the script through Week4 🏄♂️
Team Moby always welcomes early users’ hands-on feedback✍🏻
Got more questions? Don’t hesitate — dive into 👾Discord and let’s chat!
Please actively follow Moby which provides the best liquidity, narrowest spread, and finest trading experience!🌊
Moby: The Next Options Protocol with Maximized Liquidity
• More than 1,000x leverage without liquidation for traders
• Accurate options price based on real-time IV and Futures data
• Dynamic risk premium based on LPs’ real time Greeks risk to provide narrow spread
• Tokenized options positions to integrate with other DeFi, RWA and structured products
• TradFi style infra (Prime Brokerage, Clearing House) to boost capital efficiency
• Moby is the first-ever options protocol to receive the Arbitrum Foundation Grant prior to mainnet launch.
