To our Exotic Market Community,

Exotic Markets
2 min readMay 30, 2022

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It has been a busy few months with a very successful Devnet, followed by our Mainnet launch! We are excited to introduce Dual Currency Note (DCN) on the Solana blockchain for the first time! DCN has merit in any market condition, making it an extraordinary product.

The Dual Currency Note feature was added to the Solana blockchain after a thorough devnet testing phase. We were delighted by the large-scale participation by over 140,000 wallets, the potential of the Dual Currency Note was palpable.

Unlike other solutions, DCN does not require depositing SOL or USDC into small-cap coins or vaults using a rather unusual operating mechanism. Moreover, Dual Currency Note is built with sustainable yield generation in mind, whereas other offerings suffer from inflated token supplies as the generated asset has very little demand. Rewarding users with yield in the currency they already own is the next logical step we aim to provide. Exotic Markets has transparently put together the DCN offering, with all risks and processes clearly explained before our users get on board. Users maintain full autonomy over their assets and yield, further empowering the HODLers.

Solana has also gone live on our Mainnet, we are offering 3 upside products, and 3 downside products at the time of writing, with many more to be added. We will implement: accumulators, worst of options, autocallables. The Dual Currency Note offers a glimpse of what users can expect further down the line.

Prospects for Exotic

In parallel with added DeFi products, Exotic’s Mainnet is looking to include Worst-of-options, accumulators, and autocallables. Future platform additions will include a referral program, trading competitions, and various forms of educational content — to introduce a learn-and-earn aspect to the ecosystem.

Exotic Markets is in the process of completing audit with Halborn securities, we aim to build a platform based on safety and security.

Please continue to show support on our socials, especially during this initial stage of Mainnet, we truly appreciate it! We also welcome any feedback or questions, please do not hesitate to reach out to us.

Best,

Joffrey Dalet

Founder Exotic Markets

Keep an eye on our socials: Twitter, Telegram, Discord, and Medium channels for news and updates!

About Exotic Markets

Exotic Markets is a Solana-powered DeFi protocol that helps users diversify their portfolio and maximize returns through user-friendly structured products. Backed by several leading investors in the blockchain space, Exotic Markets’ ultimate goal is to democratize yield for all investors.

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Exotic Markets

Exotic Markets aims to offer the widest range of structured products out of any defi platform.