3.2 Underwrite

To back aSEED options, click "SELL Option". Enter the amount you wish to pledge and choose "Underwrite", then confirm.

Upon completion, you'll receive a Seller Certificate, which can be found in the Portfolio section. If a buyer purchases the option, the seller earns the Premium. However, part of the pledged capital is locked. The uncommitted funds can be retrieved after the Selling Period concludes. On withdrawal, you receive a Seller Medal, which can also be found in the Portfolio section. If the aSEED price meets the conditions for option execution, the reserved capital pays the option buyer. If the option isn't used, the reserved funds can be retrieved after its conclusion.

Using 231030_Glimmer as an example