Develop a decentralized platform for trading options and derivatives on Core Blockchain, allowing users to hedge against market volatility, speculate on asset prices, or manage risk using blockchain-based financial instruments.
The platform should offer secure, transparent, and efficient mechanisms for trading options and derivatives on a variety of digital assets.
Challenge Description
Develop a dApp on Core Blockchain that enables users to:
Trade options and derivatives on cryptocurrencies, including Bitcoin and other assets.
Utilize options (e.g., calls and puts) and derivatives to hedge against market movements or speculate on asset prices.
Smart contracts must:
Handle options contracts, margin requirements, and automatic settlement of trades securely.
Ensure transparency in contract execution and provide real-time pricing and liquidity.
The platform should include:
A user-friendly trading interface for managing options and derivatives contracts.
Wallet integration for handling CORE tokens and other assets required for margin and settlements.
Tools for tracking market data, historical performance, and managing trading strategies.
The challenge is to build a secure, liquid, and scalable platform for trading options and derivatives on Core Blockchain, with a focus on risk management, transparent pricing, and user engagement through educational resources and advanced trading tools.
Objective/Goal
Challenge Description