1 million UMA call option tokens have been minted with a $35 strike price and April 30th, 2021 expiry. These call option tokens are all pooled with UMA tokens on SushiSwap and anybody is free to buy them if they want leveraged, limited downside exposure on UMA. UMA token holders can also mint and sell these call option tokens to earn income, according to a blog post published by UMA.
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