 | Rhea (RHT) |
Rhea is a crypto-equity hybrid token which is used to buy options with.
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What is Rhea
By trading options on the Crypto20, user will be able to speculate or hedge on the crypto market. Buying and selling options permits investors to monetize their broader view on the market, or vastly reduce their risk exposure. The options platform will offer European calls and puts with maturities from 1 week to 1 year and a wide range of strike prices.
Rhea Roadmap
ICO is over
Token distribution
Options platform is operational
Full historical index information and data download availability
Introducing option greeks
Cryptofund launched if full target is met
Token Sale Dates
ICO
Token distribution
85% will be offered to investors 15% will be used for liquidity provision and long term reserve
Token Price and Payment Options
Dividends
Rhea will pay out quarterly dividends to all token holders. They will be based on transaction costs revenue from options trading before expenses, such as operational and maintenance costs. The base transaction fee is 0.95% with several forms of fee rebates related to high activity and liquidity provision. The dividend payout ratio will range from 20% to 40%, depending on the success of the ICO.
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