3.3.3 Seller Medals

On withdrawing your uncommitted capital, Meta Defender awards you with a Seller Medal, which carries its own unique implications.

• What is it? These medals act as a record of the withdrawn capital from the selling process. It reflects the amount of capital that has been disengaged from the option selling process and is awaiting further action post the option's expiration.

• Features:

  • Detailed Listing: You can view a comprehensive list of all your Seller Medals, categorized efficiently by Vault ID and Liquidity ID.

  • Transferability: These medals, being NFTs, can be transferred as per your discretion.

  • Expiry & Withdrawal: When the option linked with a particular Seller Medal expires without being exercised, the associated capital becomes available for withdrawal. However, each withdrawal action incurs a 0.3% execution fee.

Delving into the specific attributes of an individual Seller Medal, you can access the following details:

• Vault: The unique identifier of the associated vault.

• Locked Liquidity: This denotes the amount of capital that was initially locked when you received the medal but is now awaiting to be released post the option's expiration.

• Withdrawable Amount: Shows the exact amount you can immediately extract from the system.

• Initial Liquidity: Represents the original amount you had committed before any withdrawals or actions were taken.

• Medal Level: This attribute signifies the medal's tier, acting as a voucher for potential airdrops in the platform's incentive programs.

For a more hands-on approach:

• Transfer: Allows you to transfer your Seller Medal to another user.

• Remove Liquidity: Enables you to retrieve the funds associated with the Seller Medal, converting the medal back into liquid capital.

In conclusion, the portfolio module within Meta Defender is a robust system ensuring clarity, transparency, and user empowerment in the complex world of DeFi. Each transaction you make, whether buying or selling, is diligently recorded, granting you full control and knowledge over your engagements.