Introducing Optix v2 & the OPTIX Token: Unlocking Altcoin Token Potential

We're thrilled to share that the OPTIX token launch and the release of version 2 are just around the corner. Following a successful year with a trading competition and over $1M in trading volume, Optix continues to evolve. Our goal remains to harness the power of options to enhance altcoin potential by enabling income generation through option selling, smart token selling strategies, risk reduction via puts, and capitalizing on token volatility.

This introduction is just a glimpse of what we're rolling out in the coming weeks and months.

In short: Look out for the launch of our upgraded protocol and the OPTIX token in Q2 2024. Don't miss out on Season 1's Airdrop, already underway. Join us for this exciting phase in our journey.

The Genesis of the OPTIX token

The Optix token, a cornerstone of the Optix trading platform, was designed to empower and engage its community. It serves three key functions: governance, offering rewards and incentives, and reducing trading fees. The token's versatility is showcased in the Optix Incentive Program, spanning four seasons.

Optix is excited to announce the launch of Season 1 of our Token Incentive Program, an opportunity for our community to engage and earn rewards! Starting now, you can join us in shaping the future of options trading. 

Follow us on Twitter to stay updated, refer your friends, and earn points for every action you take. Your participation not only expands our community but also rewards you handsomely. 

Earn points by joining, referring friends, and even more for high-volume trader referrals. All these points will be redeemable for OPTIX tokens, offering you a tangible stake in our growing ecosystem. Don't miss this chance to be a part of something revolutionary. 

Join Season 1 now and start earning your rewards today!

Discover Optix V2

Optix V2 emerges as a comprehensive solution for professional option trading, integrating seamlessly with Uniswap V4. It encompasses a suite of advanced features expected by seasoned traders, including European options, the ability to buy or sell puts and calls, and the execution of multileg strategies. 

Users can actively trade contracts, utilize Request for Quotes (RFQs), and place limit orders. 

When development is completed the platform offers flexibility in settlement, with both physical and cash options, and caters to different trading styles by enabling users to be either makers or takers. 

Furthermore, Optix V2 will introduce undercollateralized strategies and sophisticated option price discovery tools, setting a new standard in the digital options trading space.

More details about the product will be shared in subsequent posts. 

Our vision and roadmap

Our vision at Optix is to redefine the landscape of digital options trading, driven by innovation, security, and user empowerment. Our roadmap for 2022-2023 began with the V1 launch on the Arbitrum mainnet, followed by a vibrant trading competition, laying the groundwork for the V2 development. 

In Q1 2024, we kicked off Season 1 of the Token Incentive Program. The V2 testnet launch and a comprehensive contract audit will be following shortly. 

Q2 of 2024 marks a pivotal phase with the V2 mainnet launch and the continuation of the Token Incentive Program through Seasons 2, 3, and 4, coupled with a public token sale. 

As we progress through 2024, our focus will shift to advanced features like undercollateralized strategies, delta hedging with perpetuals, and enhancing our price discovery tooling, further cementing our commitment to providing a robust and versatile trading platform.

Summary and what’s next? 

As we gear up for these significant milestones, the OPTIX token launch and the rollout of version 2 mark the beginning of an exciting new chapter for Optix. Our journey so far, highlighted by a successful trading competition and substantial trading volume, has set the stage for even greater achievements. 

The core mission of Optix remains to leverage the versatility of options to unlock the full potential of altcoins. With the upcoming enhancements, our users can look forward to more robust tools for income generation, strategic token selling, risk management, and capitalizing on market volatility.

Stay tuned as we continue to innovate and provide cutting-edge solutions in the world of cryptocurrency trading. Remember, the journey with Optix is not just about trading; it's about being part of a community that's at the forefront of financial technology. We invite you to be a part of this exciting journey.