Jan 7, 2021
ARIES FINANCIAL~Episode③~
Hi ARIES Community🐏
In the third stage, we will release options trading.
However, the options trading offered by ARIES FINANCIAL will be more active than traditional one.
There may involve some game elements.
Nowadays, because of pandemic, many people around the world may spend more time at home.
We want to make effective use of those boring times.
ARIES FINANCIAL provides the period of holding of option trading can be selected from 1 minute、5 minutes、 15 minutes、30 minutes、1 hour and 24 hours.
In addition to cryptocurrency trading such as BTC and ETH, we also plan to trade fiat currencies such as USD and GBP.
Imagine that only a smart phone turns boring time into effective time.
You will forget the passage of time.
But ARIES equipped a safety function so you don’t get too enthusiastic.
The currencies available for this option trading are “AFI” and “USDC”.
In other words, you can use AFI tokens for option trading, which is a reward that you can get by depositing stablecoins.
If there is a loss in option trading, you don’t have to worry about losing stable coin, because you are using the “AFI” token which is obtained by rewards.
In addition, the AFI earned by option trading can be exchanged for USDC and ETH on Uniswap.
The total number of AFI issued is limited, and the number of AFIs issued each week is also limited, in order to prevent inflation.
In other words, the higher demand for option trading, the more capital gains you can expect from AFI.
We have a USDC market and also provide liquidity pools for options trading.
HODLers who do not trade options can earn extremely high interest rates by providing liquidity.
But please be careful the liquidity pool provided by options trading is riskier than the liquidity pool provided by swap trading. This is the so-called high risk and high return.
We will establish a system to reduce the risk of liquidity providers.
However, please do not give any funds other than surplus funds for both HODLers and users.
ARIES FINANCIAL Community
・Spotlight（Japanese）
