Set your price to buy.
Write a cash-secured put for Stock Tokens. Lock the full USDG strike amount, set a premium and expiry, and let a holder choose whether to take the other side.
Live on Robinhood Chain public testnet with TEST assets of no real value. No mainnet Lyntr contract is active.
Funded offerUSDG held in contract
Your strikeFixed before anyone buysPremiumPaid by the option buyer
Buyer can exercise before expiry
One locked payment. Two possible endings.
1
Writer funds
USDG for the entire strike is escrowed before an offer appears.
2
Holder chooses
A Stock Token holder pays the stated premium to buy the right to sell.
3
Exercise or expire
Exercise exchanges tokens for the locked USDG. If unused, the writer reclaims it after expiry.
No projected APY.
An actual offer.
The writer receives a premium only when another participant buys the option. Terms are fixed onchain; exercise is a holder action, not an automatic price trigger.
Read the mechanism