Leading DeFi Options Protocol Asteria Reach A Strategic Partnership With DeFi Borrowing/Lending Platform SmartCredit.io

At 9:00 AM EDT 26th of July, Asteria, a New York-based decentralized options protocol, announced a strategic partnership with the DeFi Borrowing/Lending platform SmartCredit.io. Asteria and SmartCredit.io will launch a full range of strategic cooperation.

Asteria and SmartCredit.io partnership will enable DeFi borrowing and lending in the Asteria ecosystem. Asteria will integrate fixed-term loan return into the yield aggregator. Users will be able to use upcoming Asteria tokens and to borrow fixed-term against them — the users can monetize their token holdings. Users will stay longer in the Asteria Dapp, and users will generate more revenues for Asteria. Asteria will receive 50% of the loan origination fees of their users. Asteria will receive SMARTCREDIT tokens pro-rata per loan volume. This integration translates into the increased utility of the Asteria platform!

Asteria is a decentralized option trading protocol based on the Peer2Pool trading structure. Asteria implements professional Pricing Models and a comprehensive Risk Management system with Delta Neutral Hedging mechanism. It also integrates yield farming and hedging aggregation components to improve LPs’ capital efficiency. A variety of innovative option-based products are designed including Impermanent Loss Hedger, Ladder Options, Mining Risk Hedger, and other structured products. Architecturally, Asteria is built on DeFi cutting-edge technologies such as NFT and Layer2.

SmartCredit.io is a DeFi borrowing/lending platform focusing on fixed-income loans, fixed-interest-rate loans, and DeFi Fixed-Income-Funds.

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Asteria, committed to be one crucial component of DeFi infrastructure, defines decentralized protocol of option pricing, trading and hedging of AMM mechanism, and provides APIs and templates for structured option application developments.

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Asteria

Asteria

Asteria, committed to be DeFi infrastructure, defines decentralized protocol of option pricing, trading and hedging of AMM mechanism

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