What Is Oddz (ODDZ)?
Customised Option Trading – Trade Options by Setting Your Desired Parameters. Get new options by defining your own parameters. Overall, this partnership with Polygon looks promising. Users will be able to buy call and put options on a very simple user interface while eliminating all the drawbacks which restrict people from starting their DeFi journey.
As soon as the Oddz were available for grab, all 363 units of them were completely sold off by cryptocurrency enthusiasts from every corner of the world in under 20 minutes, highlighting a strong token demand and project support from the community. The rarest Tier 5 NFTs were sold off in the first 30 seconds, followed by Tier 4 NFTs (2 minutes), Tier 3 (7 minutes), Tier 1 (14 minutes) and Tier 2 (18 minutes).
Oddz Storage Key Points
|Circulating Supply||59,949,281.00 ODDZ|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Earn higher yields as liquidity providers Get incentivized as a data curator and by staking Oddz tokens. As Aishwarya S. Haroshivanahalli, Co-Founder and CEO of Oddz Finance said, “They do not want options traders to complain about the high gas fee or low throughput on your platform. Layer 2 solutions, like Polygon, are the best way forward. Happy to join hands with Polygon to make options trading on DeFi a cakewalk!”
Oddz Finance will be the first options trading platform to have integrated with Polygon and it seems that their vision is clear – Bring it to the masses. This integration will provide users with multiple blockchain networks to choose from, based on their needs. As Arjun Kalsy, VP Growth at Polygon said, “They’re pleased to welcome Oddz Finance’s On-Chain Option Trading platform to Polygon, allowing traders to leverage Polygon’s high-speeds to expedite the execution of contracts, trades and futures, all while ensuring an affordable on-chain experience.”
Strategy Based Trading
Leverage the built-in strategies or develop your own to profit from trades. This integration of Oddz Finance with Polygon (a layer 2 solution) will help to reduce the gas fees significantly while increasing the transactions per second (upto 7000 on a single side chain) on the network. Layer 2 refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the transaction speed and scaling difficulties that are being faced by the major crypto currency networks.
Transparent premium calculation
Showing all the metrics used to calculate the premium will help user take the better decision. They have developed different instruments like Easy Options and Customised Options on their platform, which will help beginners trade options for low quantities of Bitcoin and Ethereum. Their zero gas fee model has been powered by their partnership with Biconomy. Moreover, they are developing Oddz Finance on Ethereum, Polkadot, Binance Smart Chain (BSC) to ensure users have access to multiple blockchain networks.
Trade Option Contracts – Buy and sell options using our exclusive automated market making algorithm with zero gas fees and no KYC. Multi-chain options trading platform – Finance has now integrated with Polygon (formerly Oddz Network) to make DeFi accessible to all users. The DeFi craze that started in the summer of 2020 has led to a significant jump in the number of DeFi protocols being developed on the Ethereum blockchain. As more and more users started using these protocols, we saw a rise in the number of pending transactions on the network.
Trade Option Contracts
Buy and sell options using your exclusive automated market making algorithm with zero gas fees and no KYC. Stake your Oddz tokens to earn a share in settlement fees along with staking rewards. Provide liquidity to your favorite pools and earn option premium as rewards. Follow the best performing strategies from the top traders and earn huge profits.
Explore Options Trading on Your Platform with Oddz DEX Integration
Oddz DEX Package Intends to give other platforms and their user the opportunity to explore Options Trading Via the UI,thereby assisting them in held gong their trades when buying or selling cryptocurrencies. Total leveraged tokens with high liquidity and transparent price computation Buy and sell popular digital currencies, keep track of them in the one place.
Make predictions on your favorite tokens and win rewards every hour. Choose from a list of a variety of tokens and make the right predictions to win massive rewards. Multi-chain options trading platform – Finance has now integrated with Polygon(formerly Matic Network)