Optix (OPTIX)

IDO

Last updated: May 02, 2024

Optix is a decentralized option protocol where you can buy options on top crypto assets with up to 10x leverage and earn sustainable yield selling options, directly from your wallet.

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Overview

Project industry	Trading & Investing
Product type	Platform
Whitepaper	Open
Onepager	Open

What is Optix

Options on alts - any erc20 can be used as collateral and any oracle for the strike price
Capital efficient - collateral in a single vault can be used to to sell options across multiple oracles, put/call directions, expiries & strikes.
Simple user experience - option buying and selling is typically confusing and complicated. We aim to make it as simple as using a crypto dex.
Permissionless structured products - create structured products from existing defi primitives.
Multichain - the contracts & dapp currently support Arbitrum, Optimism, Polygon, BNB Chain & Avalanche
Permissioned defi - buy and sell to only regulatory compliant participants
Block trading - block trade any asset with kyc'd participants

Our mission is to make the ability to transfer risk available to anyone and any asset in the crypto ecosystem.

Details

IDO (Fjord Foundry LBP): May 14, 2024 - May 17, 2024
Token supply: 1,200,000,000 OPTIX
Hard cap: 2,160,000 USD

Token info

Ticker: OPTIX
Type: Utility-token
Token distribution:
Team - 15.00%
Foundation - 10.00%
Ecosystem Reward - 50.50%
Liquidity - 2.00%
Private - 18.50%
Marketing - 2.00%
Public - 2.00%
Funds allocation:
Operations - 16.7%
Legal - 8.3%
Development - 33.3%
Marketing - 16.7%
Contingency - 8.3%
Market Making - 16.7%