tgoop.com/divergenceannouncement/106
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GM Divers! We've crafted a quick visual guide for you to navigate our app. Grab your digital spears βοΈ or shields π‘ and let's set sail. #Bitcoin #crypto #defi #options
1/ πββοΈ Open Longs: Price gonna moon? Grab that Spear. Doomsday? Snag a Shield. https://youtu.be/bGhmdwatZhU?si=65_viDwiYvNcel7y
2/ π― Close Longs: Want to liquidate your open position before expiry ? Limit sell your Spear/Shield tokens at your price. https://youtu.be/FsIZ5zCGFEo?si=UtuMGHoesTwmgek_
3/π° Exercise Options: Made it to maturity? Make moneys if you are correct. π€ Otherwise, no big deal. Just remember to only risk what you can lose!π https://youtu.be/WKVjaOBKazY?si=YajYymNaiKTpx2sX
4/ β‘οΈ Open Shorts: To LP β½οΈ and receive fees. Open a short position by adding liquidity as collateral to the pool. https://youtu.be/KWyOBjkm4pA?si=370fws5bpaZWHI6B
5/ π₯ Remove Liquidity: Enough exposure? Remove liquidity before expiry to finalize your shorts. After reserving collateral for settlement, unused liquidity is returned. https://youtu.be/bpCTeP16aTY?si=AJ2QaSEoDp4I6ne3
6/ π° Close Shorts: Wanna close out shorts before expiry? Match your open shorts with the option tokens to reclaim back collateral. https://youtu.be/HyZdQfBVezE?si=taNKdi_RRWnliNMM
7/ π£ Expiry Withdrawal: After expiryπ, check the shorts you opened as an LP. If played right, get a stack of reserved collateral, fees, and sweet, sweet premiums. https://youtu.be/yu-65kO3m0M?si=Kmxtqio5chtEzF01
BY Divergence Protocol
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