The central part of the APO platform is a smart contract on the Ethereum network. The main functions assigned to it are:
- Guarantee of protection for participants
- Conducting the auction
- Acceptance and storage of premiums until expiration
- Keeping a list of option owners
- Execution of payments at the time of expiration
- Charging a commission for operations
The role of APO Finance is to develop and maintain the platform, ongoing maintenance and modernization. It does not have a role to play in securing funds, which distinguishes this platform from centralized exchanges where a collapse of the exchange causes default for the participants.
Trades on the platform have the following differences from centralized exchanges:
- There is no spread between bid and ask, due to the fact that there are no sellers.
- There is no risk of a stock market crash, since the common pool is on the Ethereum network and at the time of the auction exact payments are calculated in all situations.
- Purchase of new options can only be carried out during the auction.
In APO no margins are required - an ideal instrument for miners as well as investors to guard against a falling market.
The trading process is divided into two stages - auction and expiration. The platform does not participate in trading as an organizer, but does charge a commission for facilitating the trade, part of which will be distributed amongst the token holders
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This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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