Streamia

Term explanation

Panoptic uses a novel pricing mechanism called "streamia (streaming premium)". In this setting, buyers do not pay an option premium up front, but rather a position collects fees as it stays in range. The amount of fees collected are those that would have been collected by providing liquidity in Uniswap v3 plus an additional liquidity-based spread.

For costs, accrual examples and liquidation considerations, see the streamia guide.