writing

Depositing Skins

Learn how depositing a skin prepares eligible inventory for custody-backed option workflows and covered quote writing.


Depositing a skin prepares it for custody-backed option workflows, such as writing a covered call.


Why deposits exist


A covered option requires confidence that the referenced skin can be delivered if exercise occurs. Depositing or verifying custody reduces the chance that a writer sells an option without being able to settle.


Before depositing


Review:


  • Whether the skin is supported
  • Current custody requirements
  • Quote availability
  • Withdrawal restrictions
  • Fees or costs
  • Settlement obligations
  • Risk disclosure

    • Do not deposit a skin unless you understand how it may become locked or encumbered.


    Typical deposit flow


  • Connect wallet.
  • Link Steam if required.
  • Select an eligible inventory item.
  • Review deposit instructions.
  • Transfer the skin through the approved Steam or custody flow shown in the app.
  • Wait for verification and finality checks.
  • Once verified, the skin may become custody-ready for supported option workflows, subject to eligibility and beta controls.

    • Locked versus available inventory


    A deposited skin may be available, pending, locked, encumbered, released, or withdrawable depending on its lifecycle state.


    If the skin backs an active covered call, withdrawal may be unavailable until expiry, exercise, settlement, or release completes.


    Writing against deposited skins


    Once a skin is custody-ready, a writer may be able to quote covered calls against it. The quote should define premium, strike, expiry, and settlement terms.


    Some put-writing flows may require USDC collateral in addition to inventory or custody checks.


    Risks and delays


    Deposit and custody flows can be delayed by Steam, wallet signing, blockchain confirmation, operator review, eligibility checks, or beta controls.


    Custody reduces settlement risk but does not guarantee instant withdrawal, quote availability, or profitable outcomes.