Airdrop Guide: Rysk

Rysk is a Decentralized Options Market Maker.

Why We Are Hunting This

Rysk “believes in producing a product that people love first,” before launching a token. Recently, the team has begun to ship usable products and establish partnerships with reputable DeFi projects, including GMX and Rage Trade. Continued success on the protocol developmet fronts and the ability to turn its vaults into a return (not loss) generating product likely pushes the team towards an airdrop.

Official Links

• rysk.finance
• @ryskfinance
• https://www.rysk.finance/

Tasks & Quests

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Difficulty: Easy | Time: 2 min

1. Connect your wallet to the Rysk app frontend and switch to Arbitrum
2. Input the amount of USDC you wish to deposit
3. Click “Approve” and approve the token allowance
4. Press “Deposit” and confirm the transaction

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Difficulty: Easy | Time: 2 min

1. Connect your wallet to the Rysk app frontend and switch to Arbitrum
2. Select the expiry date you wish to trade
3. Choose a strike you want to purchase options at
4. Decide whether you want to purchase a call or put
5. Locate the “Buy” column and click on the premium corresponding with the strike you desire
6. Input the number of options you wish to purchase
7. Click “Approve” and confirm the token allowance
8. Click “Buy” and confirm the transaction

Sell Options on Rysk

Difficulty: Easy | Time: 2 mins

1. Connect your wallet to the Rysk app frontend and switch to Arbitrum
2. Select the expiry date you wish to trade
3. Choose a strike you want to purchase options at
4. Decide whether you want to write calls or puts
5. Locate the “Sell” column and click on the premium corresponding with the strike you desire
6. Select how much collateral you want to provide
7. Click “Approve” and confirm the token allowance
8. Click “Buy” and confirm the transaction

Use Rysk’s Strategies

Difficulty: Easy | Time: 2 mins

1. Connect your wallet to the Rysk app frontend and switch to Arbitrum
2. Select the expiry date you wish to trade
3. Click on the strategy you wish to implement
4. Select the strikes you want to utilize for your strategy
5. Click “Approve” and approve the token allowance
6. Confirm the transaction to enter the positions