# Proposal for Bancor Call options

**URL:** <https://gov.bancor.network/t/proposal-for-bancor-call-options/1926>\
**Category:** Community Chatroom (DISCUSSION)\
**Created:** [April 27, 2021, 3:11pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926 "2021-04-27T15:11:28Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [April 30, 2021, 3:12am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/24 "2021-04-30T03:12:02Z")

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> **[UMA TVL Dashboard](https://docs.google.com/spreadsheets/d/1qU_G86H70aEhQ8_QAPyd7AzDwifimkHgC6xHaWcfnIY/edit#gid=1816152869)**
>
> Summary
> 
> 
> Projects on \<a href="https://umaproject.org/"\>UMA Protocol\</a\> (Updated every 10 minutes)
> Fri, Apr 30, 2021, 10:50:53 AM,UTC+8
> UMA to be distributed weekly,50000,Total Minted Value,$48,379,508.07
> UMA Price,$25.03,Total Collateral...

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**Author:** ![glenn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/glenn/32/1720_2.png) [@glenn](https://gov.bancor.network/u/glenn)\
**Post date:** [April 30, 2021, 3:53am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/25 "2021-04-30T03:53:58Z")

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Adding some links that might prove useful to others:

[BAL and UNI Join The Call Options Party](https://medium.com/uma-project/bal-and-uni-join-the-call-options-party-eed7965df9d1)  
[uLABS: Building Call Options on UMA (Part 1)](https://medium.com/uma-project/ulabs-building-call-options-on-uma-part-1-efd3188714c5)

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**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [April 30, 2021, 4:27am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/26 "2021-04-30T04:27:24Z")

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These are great articles for further research on Call Options.

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**Author:** ![Ap0ll0517](https://avatars.discourse-cdn.com/v4/letter/a/ecccb3/32.png) [@Ap0ll0517](https://gov.bancor.network/u/Ap0ll0517)\
**Post date:** [April 30, 2021, 1:08pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/27 "2021-04-30T13:08:37Z")

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I appreciate the Bancor community allowing some of us Super UMAns to come over and chat it up and answer any questions. There was a really good discussion and I believe most, if not all, questions were answered if anyone would like to check out the convo.

> **[Discord - A New Way to Chat with Friends & Communities](https://discord.com/channels/476133894043729930/837365398793486336/837429847520968736)**
>
> Discord is the easiest way to communicate over voice, video, and text. Chat, hang out, and stay close with your friends and communities.

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**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [April 30, 2021, 3:24pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/28 "2021-04-30T15:24:04Z")

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UMAs Call options and KPI options would both fit into what Bancor is trying to do. Call options would give Bancor proticol users another financial tool

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**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [April 30, 2021, 5:29pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/29 "2021-04-30T17:29:52Z")

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[https://link.medium.com/zmfBsGeNSfb](https://link.medium.com/zmfBsGeNSfb)

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**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [April 30, 2021, 6:07pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/30 "2021-04-30T18:07:16Z")

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This is a quick read, that explians Call Options a bit further

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**Author:** ![SuperStad](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/superstad/32/715_2.png) [@SuperStad](https://gov.bancor.network/u/SuperStad)\
**Post date:** [May 1, 2021, 7:08pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/31 "2021-05-01T19:08:16Z")

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Hi team Bancor! Just wanted to stop by and thank you for hosting UMA in the Options Channel the other night. It was a pleasure discussing some of the details about how the process flows. Not to mention, getting to meet new peeps and learning more myself about the Bancor Network.

Hope to see the TVL of both projects break more ground. Geoff.

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**Author:** ![glenn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/glenn/32/1720_2.png) [@glenn](https://gov.bancor.network/u/glenn)\
**Post date:** [May 2, 2021, 1:52am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/32 "2021-05-02T01:52:26Z")

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Some folks from our end have hinted at having UMA on for one of our community calls. Is that something that we can work with the UMA community to organize? The Bancor community call is on Sunday at 1:00 PM UTC and we should be able to invite folks from UMA to discuss this proposal.

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**Author:** ![eldude](https://avatars.discourse-cdn.com/v4/letter/e/c6cbf5/32.png) [@eldude](https://gov.bancor.network/u/eldude)\
**Post date:** [May 2, 2021, 12:55pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/33 "2021-05-02T12:55:06Z")

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**Question for the community:** How do we feel about minting BNT to pay for something that won’t be on the Bancor webapp?

Also, call options on BNT are fine. But they would be WAY cooler on vBNT.

But still, not sure this is a great use of BNT minting.

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**Author:** ![eldude](https://avatars.discourse-cdn.com/v4/letter/e/c6cbf5/32.png) [@eldude](https://gov.bancor.network/u/eldude)\
**Post date:** [May 2, 2021, 12:56pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/34 "2021-05-02T12:56:15Z")

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Yess, but are those options not on UMA’s site? Why would BNT be needed to pay?

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**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [May 2, 2021, 3:03pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/35 "2021-05-02T15:03:04Z")

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[https://link.medium.com/zmfBsGeNSfb](https://link.medium.com/zmfBsGeNSfb)

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**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [May 2, 2021, 3:06pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/36 "2021-05-02T15:06:17Z")

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This link will explain call options in a little more detail. I will just add,that Bancor not only will generate fees off, call options,but more often than not,call option holders hold on to their Bancor tokens when the contract expires,because why not? They will then be looking to put those tokens to use,say in 1 of your many pools.

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<div class="post-metadata">

**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [May 2, 2021, 3:08pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/37 "2021-05-02T15:08:17Z")

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Also Bancor holders who create tokens, can sell them for immediate profits. Its a win for Bancor and for holders of Bancor tokens.

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<div class="post-metadata">

**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [May 2, 2021, 3:11pm UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/38 "2021-05-02T15:11:09Z")

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As far as vBTN, we certainly can accommodate that,however UMA KPI options could be the ticket there.

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**Author:** ![glenn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/glenn/32/1720_2.png) [@glenn](https://gov.bancor.network/u/glenn)\
**Post date:** [May 3, 2021, 3:19am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/39 "2021-05-03T03:19:17Z")

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My understanding is that the call options would be listed on Bancor similar to how xSushi options are listed on Sushiswap and the UNI options are listed on Uniswap. We would work with the UMA team on getting the options contract setup with input from our side about certain parameters (strike price and expiry date). Once that’s done, we would be able to mint call options and they would then be paired with BNT on Bancor via a regular v1 style pool (BNT-BNTcXX-####).

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<div class="post-metadata">

**Author:** ![Hagz48](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@Hagz48](https://gov.bancor.network/u/Hagz48)\
**Post date:** [May 3, 2021, 3:50am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/40 "2021-05-03T03:50:17Z")

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Thats how it would go Glenn thank you for explaining that.

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**Author:** ![eldude](https://avatars.discourse-cdn.com/v4/letter/e/c6cbf5/32.png) [@eldude](https://gov.bancor.network/u/eldude)\
**Post date:** [May 3, 2021, 4:46am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/41 "2021-05-03T04:46:25Z")

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Interesting. Has anyone looking into the volume these tokens are generating on other exchanges?

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**Author:** ![eldude](https://avatars.discourse-cdn.com/v4/letter/e/c6cbf5/32.png) [@eldude](https://gov.bancor.network/u/eldude)\
**Post date:** [May 3, 2021, 4:48am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/42 "2021-05-03T04:48:05Z")

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I think there is huge demand on vBNT options.

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**Author:** ![eldude](https://avatars.discourse-cdn.com/v4/letter/e/c6cbf5/32.png) [@eldude](https://gov.bancor.network/u/eldude)\
**Post date:** [May 3, 2021, 4:51am UTC](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926/43 "2021-05-03T04:51:08Z")

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How many BNT would you like the protocol to mint to cover this?

[Previous page](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926.md?page=1)

[Next page](https://gov.bancor.network/t/proposal-for-bancor-call-options/1926.md?page=3)
