π΅Weekly Bidding on V2 Vaults
Last updated
Last updated
PsyFi's V2 vault architecture runs its bids on OpenBook'ss order books. That means anyone can bid on the options sold by the vaults alongside the existing market makers. Below is a handy guide on how you can bid on any V2 vaults option flow.
#1: Friday, 09:00 UTC - Open Link to the Vault Order Book at auctions.psyfi.io
#2: Friday, 09:00 - 09:30 UTC - Select a Vault Auction and Place Your Bids
#3: Friday, after 09:30 UTC - Settle Purchased Options
#4: Friday, after 09:30 UTC - Cancel Open Orders for Unfilled Bids
#5: Friday+7D 08:00 UTC - Exercise Your Purchased Options if "In-The-Money"
If your purchased options expire in the money. Visit auctions.psyfi.io/portfolio to claim your P&L.