Quarry — where written options mine OBS
Every option you write becomes a working seam. For as long as the position stays open, it cuts OBS from the rock — steady, lifetime-long. The moment it closes, the cutting stops.
The seam, and how it pays
Writing an option opens a seam in the Quarry. From that moment it mines OBS continuously — not a one-time bounty, but a steady cut that runs the whole life of the position. Liquidity that stays put is liquidity others can price against, so the protocol pays you for the time you leave the rock open. Write more, leave it longer, take more out.
- ▸Open a written position → the seam starts cutting
- ▸Accrual is per-second and lifetime-long, not a single payout
- ▸Reward weight scales with how much you have written
- ▸Time open is the multiplier — patience is the work
The moment the cutting stops
The seam pays only while the position is live. Four endings seal it, and all of them stop the OBS at the same instant — no grace, no tail. Whatever you mined up to that second is yours; nothing accrues after.
- ▸Exercise — the buyer pulls value through; the seam closes
- ▸Expiry — the clock runs out and the rock seals over
- ▸Cancel — you withdraw the option from the Book
- ▸Dissolve — the position is unwound before term
Why it rewards the patient
Two writers can mint the same option. The one who holds the seam open across its full term cuts far more OBS than the one who closes early. The Quarry does not reward churn — it rewards depth held over time. Stack written positions and let each run, and the cuts compound into the kind of OBS weight that answers to no one.
Where it lives
The Quarry runs under the Book — wherever you write options, the seam opens on its own. No claim ritual to start: write a position and the OBS begins to accrue against your address that second. Track live seams and accrued rewards on the rewards panel; the meter only moves while the position stays open, so the move that matters is leaving good rock open.