Wandx protocol enables seamless creation and trade of any ERC20 Token or ERC20 Token baskets, and its application on the Ethereum main network enables decentralised trade of ERC20 token products. We have recently reported that WandX is releasing put options front-end for their decentralized token creation and exchange platform, which should provide a comprehensive frontend environment for users to create and trade their ERC20-based tokens through put options.
Currently Wandx is focusing on marketing and product development, and as soon as the development of put options implementation is on the forefront of Wandx production, we should remind our readers that put option is the opposite of a call option, which gives the holder the right to buy shares. Put option is an option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time.
As for Wandx platform, it has announced that the release of the Erc20 token put options on testnet is scheduled to March 25. Wandx is surely doing its best to let users create and trade a basket of ERC20 Tokens with a single transaction, and create token themes such as decentralized identity or decentralized exchange, and much more functionality.