[Pre-RFC Discussion] LP & BAL holder incentive alignment

[DavisRamsey]

[Proposal] to launch BAL call options using UMA Protocol

This is a proposal to launch BAL call options using UMA Protocol. A brief description of a call option is: A call option gives the buyer the right, but not the obligation to buy an asset at a specified price (strike) and a specific time period (expiry). The simplest use for a long call position is the ability to speculate on the appreciation of an asset with leverage while also limiting your downside. However, the flip side to that is the value of the option will depreciate or decay very quick…

Did this ever end up happening? we passed the vote but I haven’t heard anything about it.

My feeling is the KPI options will end up going the same way as these call options did. The pool containing those call options had a total of 9 trades. Granted it didn’t cost us anything to do so I guess no real harm done. KPI Options could be cool, I like the idea of aligning everyone towards increasing TVL.