APO (Advanced Parimutuel Options)

WHAT IS APO?

APO Is Advanced Parimutuel Option, APO Platform allows participants to trade derivative instruments (options) without and can not, unlike centralized exchange. The platform is free to make smart contracts for auction, which lasts until the expiration date, and works after making payments to participants. The platform operates without the seller of the option. APO does not work as a task involved, but does development, maintenance, and upgrading of source code.

How it works

Auction
The auction date is set one week before it expires. The frequency and duration of the auction will be determined during Beta testing.

We intend to use a standard expiration date for the option:

2 weeks
1 month
3 months

Based on this, the frequency of the auction will depend on the nearest expiration contract, such as 1 week before the expiration of the 2 week option, monthly option, or 3 month option.

The main purpose of the auction - the calculation of premiums and payments based on proposed offers. Each participant builds the desired option or selects one from the template, and enters the strike price of the underlying asset (BTC or ETH). After that, the participant chooses the order type - market or limit and transfer the amount necessary to purchase the option into the smart contract account.

• Announcement of the date and time of the auction
• Starting from the auction
• Collection of orders (limit and market)
• End of auction
• Calculation of commissions and payments for each trade

Trading

After the auction is completed and all proposed bids are calculated, the pool will be formed. Upon completion of the transaction, each participant uses their own account through a website or mobile app, can view the collected option (along with its parameters) and monitor its value until the expiry date.

1. Fill order market and fill / refuse boundary order
2. Calculation of commissions and recordings into the pool
3. Recording of option buyers

Expires

Expiration is the time when the contract expires, and is the completion date. The execution date of the option is indicated earlier during the auction, for example, at 12 am on January 12, 2018. At the end, the underlying asset price is locked inside (the BTC or ETH index price is taken from several major exchanges for determination). Based on the price, the payment is made to the option holder. After the execution, each participant can check their account status.

• Lock-in the underlying price (Bitcoin / USD or Ethereum / USD)
• Publish discount price
• Payments to participants who have lucrative options

Existing problems

1. Seller required
2. Centralized trading system
3. The difference between the selling price and the purchase price should be there
4. In a volatile market there is no guarantee of payment
5. Significant margins or premium terms
6. Standard and exotic options are traded in various trade holes
7. It is impossible to make your own choice
8. High Commission
9. High premium for options
10. Minimal leverage
11. Small profit

Our solution

1. Seller selection is not required - only buyers
2. Provision of a decentralized trading system
3. There is no difference between the buy and sell price
4. Guarantee payment for all winners from the pool
5. No guarantees or margin requirements
6. Combine vanilla and exotic options in the pool
7. Participants choose their own
8. Commission 50% less
9. Option premium 15% less
10. Incredible leverage
11. Up to 40% more profit

APO feature

• Transparency

All trades are made through smart contracts that guarantee payment for all winners and provide methods for monitoring the pool

• Warranty

The APO platform does not require the seller's participation of options - the buyer pays the option premium directly to the set, eliminating the risk of unfilled obligations

• Decentralization

This system is built on the principle of smart contracting in blockchain that contains all the special things of the trade

• Dividend

The platform does not participate in trade as an organizer, but does not charge commissions to facilitate trade, some of which will be distributed among token holders

• Insurance

In APO, no margin is needed - an ideal instrument for miners and investors to keep up with falling markets

• Flexibility

Each participant can create their own options from binary to exotic (Create your own option) or use existing templates (call & vanilla place)

• Spreads

There is no spread between bid and demand on the APO platform because no seller will raise the price to reduce the risk

The APO options trading platform is an application for iOS, Android and Web connected via authentication server to decentralized (Dapp) application on the Ethereum network.

Details of APO Token sales

Name: APO

Start: April 25, 2018, 10:00:00 AM

End: May 23, 2018, 9:59:59 am

Acceptable currency: ETH

Token exchange rate: 1 ETH = 15,000 APO

Minimum transaction amount: 0.1 ETH

Soft cap: $ 3mln ~ 6,000 ETH

Hard cap: $ 7mln ~ 14.000 ETH

Token Distribution

40% - ICO

25% - Reserve (locked for 12 months)

20% - Team (locked for 12 months)

10% - Private Investor

5% - Bounty

Discount Bonus for contributors:

1 Week - 25% Bonus

Week 2 - Bonus 15%

Week 3 - Bonus 5%

Week 4 - Bonus 0%

ROADMAP

OUR TEAM

• Dmitry Taubman

Methodology and analysis

Holds a master's degree from the Institute of Technology. Is the system creator for dynamic pricing options. He was involved in capital market studies and became a co-author of patents in the United States.

• Steven Markov

Blockchain Technology Development

Specialists in the development of high-volume real-time financial systems, as well as user interface design for apps, including web and mobile.

• Emmanuel Livshits

PhD in Computer Science

APO Consultant in the field of development of derivative instruments for the crypto currency market. He published scientific papers since 1964 in the field of combinatorics, automated theory and graph theory, has a number of scientific projects in the field of discrete optimization, static modeling, etc. You can find out more about the list of papers published here.

• Dmitry Filyaev

Development of core platform

Has a MEPhi master's degree, as well as years of experience working with financial instruments. Specialist in server-side and mobile app development.

• Genadij Gerstein

Platform Architecture

Has a master's degree in Computer Science and over 19 years experience in software design and development for payment systems and banks.

FOR MORE INFORMATION PLEASE YOU CAN VISIT LINKS BELOW:

Website : https://apofinance.io/
Whitepaper : https://apofinance.io/files/whitepaper.pdf
Slack : https://apofinance.slack.com/
Twitter : https://twitter.com/apofinanceico
Telegram : https://t.me/apofinancegroup

by POLENG

profile: https://bitcointalk.org/index.php?action=profile;u=1150533

ETH address: 0x81a9Abdc9662BD7a285Fb1DA5b03E5Fb5c7a6c9a