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Writer Rewards (OBS)

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.

Quarry seam lifetimeOBS accrues steadily while a written option is open, then stops the instant the position closes.timeOBSwriteseam opensmining OBScloseflat — no more cutexercise / expirecancel / dissolve
An open written option mines OBS steadily over time; the cut stops dead at close.

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.