Bowtie

Users in Defi have unlocked liquidity by borrowing against spot, interest-bearing, fixed income, and market neutral collateral tokens, but nobody has unlocked liquidity in options. But now, using Bowtie, users can borrow against their options collateral, unlocking a whole new world of capital efficiency.

We believe that capital is becoming even more fluid and one day any asset can be used as collateral. Utilising structured products as our initial case, we are able to earn high yield writing covered call options but also borrow against that collateral to leverage even more. Potentially running leverage option writing or writing naked call option just as an example

One thing to note is we are not trying to compete with any options platform, we want to synergise with the existing ecosystem; We want to create a new lending protocol that allows existing users of these protocols to increase their liquidity and leverage. This means expanding to other chains and protocols.

We are moving towards a highly composable world where all assets can be borrowed against.

Still under development but demo on rinkeby testnet: https://bowtie-finance.vercel.app/

More documentation: https://shay-talebi.gitbook.io/bowtie/