What is Shield Perpetual Options
We introduce the first perpetual options, an innovative derivatives instrument that pioneering the first long-term on-chain options without the effort, risk, or expense of rolling positions. Maximum trading loss is the daily funding fee, while the upsides will be calculated using the following formula:
(No. Of Contracts*Price Change) - Funding Fee - Trading Fee.
After the clearing process, the profits can be claimed back to the wallet, to be used as per the user’s discretion. If the balance of the prepaid fee runs short of what is required to keep the position open, a liquidation process will be triggered, effectively closing your transaction.
Features Of Shield Perpetual Options
  1. 1.
    Maximum trading loss is the daily funding fee
  2. 2.
    Exercise anytime with no expiration date
  3. 3.
    Trade 24/7 on-chain in a Non-custodial, trustless environment
  4. 4.
    On-chain leverage from 25x to 500x
  5. 5.
    No registration, KYC procedures, or email required.
  6. 6.
    Strong liquidity backed by Dual Liquidity Pools (LPs) in a Peer-to-Pool model
  7. 7.
    Incentivizes participation of external liquidators using two incentive plans - gas fee-based and competition-based.
  8. 8.
    Completely Decentralized Brokerage system to incentivize referrals.
  9. 9.
    Highly accessible - All you need is an internet connection along with a decentralized wallet
Last modified 5mo ago
Copy link