Found a hidden gem here 40k mc range probably a good entry when it finds the floor above 150k again. #BOTTOMSUP
$STRIKE is a coin launched on Pons with its own options market built in. Alongside buying and selling it, anyone can trade calls (a bet it goes up) and puts (a bet it goes down) on $STRIKE, paying in ETH or in $STRIKE itself.
Holders can lock their coins to sell calls and earn premiums in ETH, which gives them real yield just for holding.
Traders get leverage on the upside without any risk of liquidation, and for the first time a memecoin can be shorted or hedged. Every option is fully backed when it's created, with coins behind every call and ETH behind every put, so nobody borrows, nothing can go broke, and there's no price feed anyone can manipulate.
https://x.com/striketraderh
0x9ef8C50E20FAF002c90824B25E760D1B70c62B4D
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