V Option is a contract to enable token derivatives trading on V SYSTEMS blockchain, by using V Option, developers will be able to build a decentralized derivatives trading that offers leverage trading, perpetual trading, options trading, etc.
V Option Contract provides an opportunity for the interested parties to buy or sell an underlying asset based on the determined agreement, e.g., pre-determined price. It allows users to create option tokens on the V Systems blockchain, and buyers holding these option tokens have the right to buy or sell some underlying asset at some point in the future. The options themselves are also tokens that can be freely traded.
When registering a V Option contract, it takes in base token, target token, option token and proof token as inputs. The option token owner has the right to decide whether execute the option contract to get the target tokens from the pool and proof token represents the percentage of ownership in the pool.
Users issuing tokens on VSYS do not need to write a single line of code, and do not need to have their token contract audited by a third party before launch.
Anyone can buy or sell option tokens to join the option market at any time without any contractual relationship with an exchange.
Different from the traditional option market, everyone can buy or sell option tokens to join the option market at any time without any contractual relationship with an exchange.