Vardel

Sell the right to buy. Keep the premium.

Put Stock Tokens into a covered call. Set the USDG price and deadline yourself. If a buyer takes the offer, the premium is paid directly to you.

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Public testnet is active with no-value test assets. Mainnet is not launched.

Your Stock TokensHeld in escrow
Buyer exercisesReceive strike payment
Option expiresReceive tokens back

If exercised, the buyer pays the strike. If it expires, tokens return to the seller.

A price you choose. A deadline you set.

Vardel holds the token for the life of the offer. The buyer pays for a choice, not a guarantee of profit.

01

Set terms

Choose the token quantity, USDG strike, premium and expiry.

02

Collect the premium

When a buyer accepts, their USDG premium goes to the seller.

03

Settle in tokens

Exercise swaps the strike payment for escrowed tokens. Expiry returns the tokens.

Make your next offer.

Open Vardel