No, the options are oracle-free! The results of the settlement auction determine whether an option ends up in or out of the money. Because of this, any NFT (even 1/1's) can have call options written on them.
Our vBid product does depend on a floor price oracle; however, you can safely use the protocol oracle free as long as you don't make vBid offers, even when you accept a vBid offer for an option.
Hook does not charge fees.
Previously there was a 10% fee on option sales in Hook's marketplace, however, ths fee was reduced to 0%.
Yes! We've been audited by Sherlock and are insured up to $2.5m. A copy of our audit can be found here.
Hook's bid pools (vBids) were recently audited by Zach Obront.
We also have a bug bounty program on Immunefi with up to $500,000 in rewards.
Please join our Discord and open up a 'Help' ticket.
Yes, we're always looking to add new collections based on our community's feedback. Please join our Discord and open up a 'Help' ticket.
Updated 7 months ago