V Systems’ V Option contract enables token derivative trading on the V Systems blockchain, including leverage, perpetual, and options trading.
With V Option, you can create (tradable) option tokens to buy or sell an underlying asset based on agreed terms, e.g., pre-set price.
The registration of a V Option contract requires the base token, target token, option token, and proof token as inputs. The owner of the option token has the right to decide whether to execute the option contract to get the target tokens from the pool. The proof token represents the percentage of ownership in the pool.
Issuing tokens on the V Systems’ chain does not require any coding skills. Contracts are pre-built and audited by V Systems.
Anyone can buy or sell option tokens to join the option market at any time without any contractual relationship with an exchange.