Asteria

Asteria Finance is a decentralized financial platform dedicated to options trading in the web3, blockchain, and crypto sectors, aiming to merge traditional and decentralized finance (DeFi) for both individual and institutional investors. Its key innovation, the Asteria Decentralized Options Protocol (ADOP), introduces an Automated Options Market Making (AOMM) mechanism and utilizes an On-Chain Shared Liquidity Pool for real-time pricing, quantity quotations, and automatic option settlements. ADOP makes professional market making accessible to general investors, leveraging Delta Hedging and an Aggregator mechanism for risk management and position adjustment, respectively. The platform employs financial engineering technologies like the Black-Scholes model for options pricing, integrates NFTs based on the ERC1155 protocol to map options rights and obligations, and encourages engagement via a platform token mining scheme. This approach not only democratizes access to sophisticated financial instruments but also enhances capital efficiency and security for market participants, setting a new standard for decentralized option trading platforms with a focus on transparency, scalabilit...