Options listing workflow

In order to provide the best possible user experience to both the options buyers and sellers, the following options listing process has been defined for Anture Finance beta:

Buyer side:

The buyer must deposit the premium in Anture's escrow wallet as soon as he lists an option. He will also define:

• The expiration time of the option listing: as soon as the listing expires, the buyer will be able to get back his premium from Anture's escrow wallet.

• The maximum variation of the underlying asset floor price he accepts: if the limit is reached, option will be automatically delisted and the buyer will be able to get back his premium from Anture's escrow wallet.

Seller side:

If the seller agrees on the options parameters, he will be depositing the collateral into Anture's escrow wallet in exchange for the premium (that has been deposited by the buyer earlier).

If the seller decides to challenge one or more of the options parameters, he will have to deposit the collateral inside Anture's escrow wallet and will have to define:

• The expiration time of the counter offer: as soon as the counter offer expires, the seller will be able to get back his collateral from Anture's escrow wallet.

• The maximum variation on the underlying asset floor price he accepts: if the limit is reached, the counter offer will be automatically cancelled and the seller will be able to get back his collateral from Anture's escrow wallet.