User Guide
First, connect your wallet.
Transfer USDT and a small amount of ETH from your decentralized wallet to your special Account Abstraction (AA) Vault.
USDT is our accepted options premiums currency.
ETH will be used as gas.
Your AA Vault will enable you to trade options in a peer-to-peer manner, ensuring zero counterparty risk.
Once you see this, you are now ready to buy options using USDT as premiums.
Next, back in this main page, click on the topmost dropdown button to reveal the Select Options page.
Here, you can select:
The token you’d like to make a price prediction on (ETH, WBTC, ARB, etc.),and the duration of your trade (2H, 4H, 8H, 12H, 24H)
Expanding on the next banner will reveal a Trading View price chart.
This Trading View integrated price chart will help you make an informed prediction on your trade.
Now, the final few steps to enjoy effortless leverage trading:
Select your preferred exposure to the underlying (0.1, 1 or 2 ETH in this example).
Confirm the premium you will pay.
Place a Long Call to bet that ETH will go up from current price.
Place a Long Put to bet that ETH will go down.
You will now be prompted with a few signatures to enable your peer-to-peer trade.
Congratulation, you have now placed your Degen Options trade!
You can now view your live trade’s profitability like this.
Navigating to your Positions Tab, you can also view your multiple live positions like this.
Navigating to your History Tab, you can view your past positions and all relevant statistics.
If you click on the share icon next to Gross Profit, you will be able to see a PnL screenshot of your past trades and share it on your socials.
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