Options traders must be regularly informed about the status of the underlying asset, the contract’s expiration date, and when they can exercise their option in this context. EPNS teamed with Pods Finance, a renowned options trading platform, to provide push notifications for their subscribers (options buyers, sellers and liquidity providers).
Pods is a non-custodial choices protocol that is decentralized. On the Ethereum Blockchain, users can create options and trade them through an Options AMM. In Defi, Pods is the simplest way to hedge crypto. Become a member of the Pods community.
ABOUT THIS PARTNERSHIP
Users can select an option on the platform, pay a fee to obtain its rights, and then wait for the expiration term to pass. If the option is in-the-money as the expiration date approaches, customers can exercise their right to sell or buy the underlying asset at a striking price.
This partnership will allow users of Pods Finance to subscribe to receive notifications whenever
- The price of the underlying asset approaches the sell threshold.
- The price of the asset approaches the buy threshold.
- The expiry date of the contract approaches.
About Ethereum Push Notification Service
EPNS is building the world’s first open communication layer for the Web3 ecosystem, first for Ethereum and then for L2s and other blockchains. The protocol enables any smart contracts, dApps or traditional servers to send notifications tied to wallet addresses of a user in a platform agnostic fashion (ie: notifs can be integrated and shown on any crypto wallet, mobile apps, extension or dApps).