Options.Market Roadmap 2021

This will be updated frequently as the roadmap expands.

Paul Scott - Degen.VC
Options.Market
2 min readMar 17, 2021

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March 17, 2021— After a successful fork of the SIREN Code last week, and the #alphadrop of 18% of supply to the DGVC LP #degenhorde on March 12th, our goal remain on track to bring a wide variety of cryptocurrency options trading opportunities to DeFi.

Our upcoming milestones are as follows:

  1. The launch of the information website on March 17th.
  2. The Liquidity Vault liquidity provision event, which is currently scheduled to take place on March 19th. There will be 2 variants of this LV:
    - Accelerator Vault (AV): Seeded with 10M $OSM; 30% ETH Fee; 4-day lock period and 0% LP Donation = 20% Discount
    - Hodler Vault (HV): Seeded with ETH from AV; 0% ETH Fee; 30-day lock period and 0% LP Donation = 50% Discount.
  3. The launch of the Web3-enabled website links to facilitate transactions with the Liquid Vaults on March 19th.
  4. A Gitcoin Hackathon, where Ethereum devs globally will have the chance to ideate the version-next of Options.Market — early Q2.
  5. Ongoing UI/UX improvements to the Website: Q2
  6. Adding Options pairs and creating Liquidity Pools for these pairs: April/May 2021. This will include a variety of DeFi and non-DeFi tokens in order to capture previously untouched markets for DeFi projects.
  7. Commencement of the Liquidity Pool Provider (LPP) rewards program for the options trading pairs — LPP’s will have the chance to earn a total of 32.5% of $OSM supply via liquidity provision, WITH NO LOCK PERIOD. Note that this is 5x the total of Siren, who also implemented a 3-month lock period on accrued rewards: April/May 2021.

More development from late-Q2 onwards will be published in du course.

Options are an asset with an incredibly sizeable and asset-class diverse market across all traditional finance products. In excess of $300 trillion of notional value is transacted and traded annually. Options play a crucial role in allowing investors to hedge their positions, multiply their holding via multi-option spreads, and more effectively match a portfolio to a model of potential future market volatility. Sophisticated traders expect to be able to construct complex portfolio positions and to move in and out of the long and short sides of options at will.

Options.Market seeks to dominate the DeFi space for options, including being the first to introduce advanced options strategies,

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