Pick an underlying, a direction, a strike and an expiry. Your coin launches against a token that describes what the launch is about. Optionpad takes nothing and you keep the fees.
Traditional launchpads pair every new coin with ETH, so the pair says nothing. Here you pick the four parameters instead — a company, a direction, a strike price and an expiry — and they become the other side of the trade.
Just the two directions an option can have. Neither gives you any claim on the company — it is a name, not a contract.
A name and a ticker. The supply is fixed at one billion and every single one goes into the pool — you don't keep any, and there is nowhere in the contract to put an allocation.
This is everything that happens. One transaction, and none of it can be undone afterwards.
Optionpad charges nothing, takes no allocation, and cannot take the liquidity back afterwards.