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[Clutch Markets to Launch On-Chain Stock Token Options Exchange 'Leverage Machine' in September] Odaily Planet Daily News – The development team of StonkBrokers, Clutch Markets, announced on X the launch of the STORMM (Stock Token Optimized Regenerative Market Maker) mechanism and plans to roll out a permissionless on-chain options exchange, Leverage Machine, built on this mechanism in September. On Leverage Machine, users can provide liquidity in the form of stock tokens or ETH and earn rewards such as LP fees, option premiums, and stock token multiplier dividends. Other users can purchase call or put options based on the available liquidity. Notably, every options position on the platform will be minted as a tradable NFT, recording information such as position size, strike price, expiration date, and in-the-money status. These NFTs can be traded on marketplaces like OpenSea. Additionally, Leverage Machine will introduce an 'Easy Mode,' where users only need to input their predictions for stock token prices and timeframes. The system will automatically match the corresponding strike price liquidity and complete the options trade. For options buyers, this mode eliminates perpetual contract-style forced liquidations. Positions will either expire worthless or be exercised if in-the-money upon expiration.

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