Arrow Markets is a Web3 options trading platform optimized for an user experience. At the core of the Arrow ecosystem lies the $ARROW utility token.For novice traders, Arrow Markets offers a guided "Lite Mode," streamlining the process of executing complex options strategies with just a few clicks. Initially launching with BTC and ETH as underlying assets, the platform plans to expand its asset offerings in the future to AVAX, SOL, BERA, and other underliers to cater to the diverse needs of traders. Furthermore, the platform is designed for seamless access, streamlining the onboarding process and removing barriers to entry. Concurrently, advanced traders can leverage the "Pro Mode," featuring a traditional options chain view for in-depth analysis and execution. How $ARROW will be used: Holders of $ARROW can choose to stake the token by depositing the token in a separate staking smart contract. The staking functionality is limited to the same user restrictions as the options trading application; for example users in certain jurisdictions including the U.S. will be prohibited from participating. The staking works as follows:User chooses to stake tokens by depositing in the staking contract subject to eligibility criteria.While staked, the user earns rewards in the form of token emissionsTo un-stake, the user withdraws from the smart contract and enters a cool-down period where no rewards are paid. Users can also un-stake immediately by paying a fee. In the future, $ARROW may be used in the following ways:Protocol governanceMargin and option writing insuranceDiscounts on platform trading fees