Protocol 4.2.1 ensures that in any compliant transfer scenario, parties retain their entitled positions and collateral, maintaining safety throughout the asset exchange process.
The safety property ensures that a compliant party will never lose their collateral without receiving appropriate compensation, reinforcing the integrity of the option transfer system.
Liveness states that if all parties comply with the rules of the transfer, the holders and writers will correctly exchange positions and collateral, facilitating smooth transactions.
Theoretical proofs validate that even if irrational decisions lead to asset forfeiture by some, compliant parties are safeguarded against losses, enhancing trust in contract adherence.
Collection
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