RaveOptionsWrite an offer.
writeOffer locks exact call or put collateral before an offer becomes visible.
DocumentationMainnet v1 · unaudited
A real protocol, with bounded claims.
Rave v1 is a fully collateralized American options ledger targeting Robinhood Chain. It is experimental, unaudited software. The configured mainnet address has not been independently reviewed, so it carries no production-readiness claim.
- Network
- Robinhood Chain · 4663
- Settlement
- Physical, atomic token exchange
- Collateral
- Covered calls · cash-secured puts
- Positions
- ERC-721 per purchased offer
Docs 01Plain language
Every term on this site, defined once.
The sections below this one are written for developers. This one is not. If a word here is unfamiliar, read this table first and the rest of the page will follow.
- Option
- A right to trade at a set price, before a set date
- Call
- A right to buy the asset
- Put
- A right to sell the asset
- Premium
- The fee you pay to hold that right
- Strike
- The fixed price written into the contract
- Expiry
- The date the right runs out
- Exercise
- Choosing to use the right before expiry
- Writer
- Whoever sold the contract to you
- Collateral
- What the writer locks up to guarantee delivery
- Underlying
- The asset being traded — ETH, BTC, USO, SLV, GLD, MSTR, COIN, AMD, META, GOOGL, AMZN, MSFT, TSLA, NVDA, AAPL
Docs 02Contract interface
Wallet-signed, event-indexed.
Buy a position.
buyOption transfers the USDG premium to the writer and mints the buyer's position NFT.
Read the chain.
Offers and positions are reconstructed from contract events and current state; Supabase is only a verified cache.
Chain is authoritativeDocs 03Robinhood Chain
Deployment registry.
Docs 04Permissionless offers
Collateral first, then quote.
Writers choose the underlying, total strike exchange, premium, amount, and expiry. Calls lock the underlying. Puts lock the full USDG strike exchange. Unbought offers can be cancelled; bought positions can be exercised through expiry or reclaimed by the writer afterward.
Docs 05Costs
No protocol fee in v1.
Mainnet v1 charges no Rave fee or maker rebate. Wallets pay only Robinhood Chain gas. Premium and strike transfers are exact; fee-on-transfer and rebasing assets are rejected.
Docs 06Security gate
Tested does not mean audited.
Solvency invariants.
Every offer locks its maximum delivery obligation before it can be bought.
Lifecycle tests.
Call, put, ownership, expiry, cancellation, and exact-transfer paths run locally.
Mainnet unaudited.
A mainnet address is configured for this build. It remains unaudited, and no production-readiness claim is made.
Docs 07Risk
Exercise is a real asset exchange.
A call holder pays the stated USDG strike and receives the underlying. A put holder delivers the underlying and receives the stated USDG strike. This build is unaudited, and it is not an offer of a financial product.
Docs 08Configured