5.6 Covered Call Option with Bitcoin DLCs
Wasabi Wallet
Atomic Finance uses DLCs to enable non-custodial covered call options. A HODLER locks 1 BTC in 2-of-2 multisig with an option buyer who pays a premium; an oracle signature at maturity determines payoff based on the strike price. If the price exceeds the strike, the buyer exercises and takes the BTC for their premium; otherwise the seller keeps both BTC and premium. This allows yield generation wit

https://relay.towardsliberty.com/98313d3304a5f5141ad86e57e198634247245b417bc7c5cde0c7b699981a6d57.mp4
Mar 12, 2021