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Optino Terminology

BokkyPooBah edited this page May 16, 2020 · 8 revisions

Following are some of the terms use in this Optino project.

baseToken
See token0
bound
The cap for a capped call option, or the floor for a floored put option
capped call
A call option with a limit to the maximum possible profit to the holder
collateralToken
The token used as the collateral and payoff. This is token0 (or baseToken) for call options, and is token1 (or quoteToken) for put options
collateralTokens
The number of collateralToken tokens
floored put
A put option with a limit to the maximum possible profit to the holder
pair
An ERC20/ERC20 token pair (token0/token1, or baseToken/quoteToken). e.g. WETH/USDx
quoteToken
See token1
token0
Also known as the baseToken, e.g. WETH in WETH/USDx
token1
Also known as the quoteToken, e.g. USDx in WETH/USDx
tokens
The number of tokens
vanilla call
A call option
vanilla put
A put option
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