BitShares Forum

Main => General Discussion => Topic started by: Emily on March 06, 2023, 11:59:18 am

Title: Options market?
Post by: Emily on March 06, 2023, 11:59:18 am
What's preventing BTS from integrating an options market currently?
Are there any plans to integrate options?
Title: Re: Options market?
Post by: R on March 06, 2023, 01:36:42 pm
You could use the prediction market asset tech to do something like this potentially.
There are some stock tracking market pegged assets too.
Title: Re: Options market?
Post by: Emily on March 06, 2023, 01:54:35 pm
Traders need to hedge their positions.  That means they need to be able to write and buy calls/puts.  Predictions and market pegged assets don't fill this need.

A liquid options market on L1 still does not exist.  If the framework is already there for it, it seems to me this would be a high leverage addition with little extra coding.
Title: Re: Options market?
Post by: R on March 06, 2023, 02:17:30 pm
Traders need to hedge their positions.  That means they need to be able to write and buy calls/puts.  Predictions and market pegged assets don't fill this need.

A liquid options market on L1 still does not exist.  If the framework is already there for it, it seems to me this would be a high leverage addition with little extra coding.
Doesn't sound like Bitshares works for this idea.
Title: Re: Options market?
Post by: chigbolu on March 12, 2023, 12:06:48 pm
The traditional prediction assets were used to write options on Bitshares, however how many people bought the prediction assets. We have smart asset designed by litepresence on HONEST, HONEST.SHORT smart assets which are meant for hedging positions, up till now there is no much utility... The problem is users, even we have the put/call functionality on Bitshares where are the users?
The problem of Bitshares is lack of interested users
Title: Re: Options market?
Post by: Kinetex on April 22, 2023, 09:30:24 am
I don't think it will attract many new users.
It might be worth thinking about marketing. Partnerships with other platforms and projects, and user incentives and rewards programs.