How to Sell Put Options
Last updated
Last updated
1. Visit Hegic website: https://www.hegic.co
2. Connect your wallet (use MetaMask or WalletConnect). Download: https://metamask.io / https://walletconnect.org. Consider using https://www.argent.xyz / https://trustwallet.com.
3. Read about the potential risks and click the "OK" button if you agree to continue
4. Choose the Writer role and click the "Liquidity Providers" button
5. Choose the DAI Pool
6. Click the "Deposit" button
7. Choose the amount of DAI for providing to the DAI Pool
8. Click the "Deposit" button for the first time and confirm the transaction (approval)
9. Click the "Deposit" button for the second time and confirm the transaction (providing liquidity)
10. Voilà! You are now providing liquidity and selling ETH put options
11. To withdraw DAI click the "Withdraw" button
12. You will receive DAI to your Ethereum address after the transaction is confirmed