basebookWhat is a lot worth right now?
Use the exact MUSEBOOK/META pool on Robinhood Chain as a reference, choose a spot-based strike or enter your own, then enter a proposed premium. The pool ratio is an indexed estimate, not a firm option quote or a guaranteed sale price.
Source and retrieval time will appear after verification. If the pool cannot be verified, the estimate stays unavailable.
MUSEBOOK / META, explained plainly.
MUSEBOOK is paired with the META Stock Token on Robinhood Chain. A holder could lock MUSEBOOK, divide it into lots, name a specific buyer wallet, and offer that holder a right to buy each lot for a fixed amount of META before expiry. A holder can also escrow and resell an existing right in the testnet exchange; its original cover remains locked. Other reviewed token pairs can use the same mechanism; the underlying and quote must live on the same chain.
A seller is still short a covered call: they keep token downside and cap upside on committed lots. Escrow proves option backing, not the token issuer’s future supply or transfer policy. MUSEBOOK/META is a Robinhood Chain example, not a Base-mainnet trade. Musebook token ↗ · Robinhood token registry ↗
Try the payoff without risking anything.
A separate hypothetical one-token example in dollars. The chart assumes the buyer exercises whenever profitable. It is not a MUSEBOOK/META quote; it is separate from the deployed mock-token contract.
Build a scenario
Imagine a holder with one token worth $200 today, selling its upside above a strike for a fixed premium. Expiry is hypothetical; no date or trade is set.
The premium is a chosen example, not a market price. A real premium needs a competitive quote and an eligible counterparty. The model values one fixed raw B20 token in dollars; no split or dividend is simulated. In a real physical-delivery right, the buyer would have to exercise before expiry.
What each person gets
In dollar equivalents for one hypothetical token. Includes the upfront premium; excludes trading fees.
The holder receives the premium and gives up the token's gain above $220.
Buyer can lose the whole premium. Holder still bears the token's downside and caps upside at strike plus premium.
A market that explains itself.
One product first: a fully covered right to buy a fixed lot of one token for another token before a deadline. No stock-price oracle decides settlement. Every listed pair needs verified contracts, transfer behavior, useful liquidity, and eligibility rules.
I hold the token
Lock only the lots you choose, collect an upfront premium in the quote token, and set the strike and deadline. Sold lots stay locked until exercise or expiry.
I want the upside
Pay a known premium for the right to buy a covered lot at the strike. Your maximum direct option loss is the premium and disclosed fees. Exercise before the deadline.
I support the pair
See the exact inventory locked and rights issued, then compare clear prices. The contract cannot create extra rights from an allowance or wallet screenshot.
The risks, before the trade.
A real agreement screen must show these beside the terms, in both tokens and a clearly sourced dollar estimate, before approval.
One right. One real lot.
The testnet contract refuses to sell more rights than its escrowed lots. No wallet screenshot, approval, or offchain promise counts as cover.
Addresses before tickers
Each eligible pair needs exact token contracts, transfer tests, and clear terms in both assets. Stock Tokens add issuer rules and corporate actions.
People decide
Agents can explain payoffs and research markets. The mock-token workshop requires explicit wallet approval; real-money trading needs separate asset eligibility and market review.
Research basis: Base's builder call ↗ · ERC-7390 draft option design ↗ · Robinhood Stock Tokens ↗ · Base B20 specification ↗. This explainer does not take orders or connect to a wallet. Its live spot reference is indicative, while the linked Base Sepolia workshop executes mock-token rights. Eligibility and market rules differ by asset and jurisdiction.