Derived.fi to Launch IDO on the OccamRazer Launchpad
Derived, a decentralised multi-chain asset protocol providing traders with access to stocks, commodities, foreign exchange, or cryptocurrency assets on a single platform, will soon make it’s token debut on the OccamRazer decentralized launchpad. Derived aims to propel the usage of leveraged synthetic assets across multiple blockchains, providing a gateway to a global decentralized marketplace for multi-asset trading.
With unlimited liquidity and no slippage, Derived brings the power of smart contracts on Cardano and other blockchains to the world of derivatives trading — acting as a bridge between traditional and digital financial markets.
The Derived token will be used for staking and minting purposes within the Derived ecosystem, fee generation, and protocol governance.
Bharat Verma, CEO at Derived, says:
“We are pleased to work with the Occam.fi team and host our IDO on OccamRazer! Through Occam.fi’s official links with cFund, IOHK, and EMURGO, they are perfectly placed to help our project grow and deliver decentralized trading infrastructure for Cardano.”
As part of its derivatives trading platform, Derived offers leveraged minting for native-USD stable coins, hybrid assets representing both crypto and traditional assets, binary options, and multiple native currencies on a globally-accessible platform.
Elliot Hill, Head of Communications at Occam.fi, says:
“Derived are working to deliver fully-featured access to a whole host of assets across multiple blockchains, including Ethereum, Polkadot, Binance Smart Chain, and of course Cardano. At Occam.fi, we’re delighted to leverage our experience of the Cardano ecosystem to catapult Derived to success, in parallel with the growth of the DeFi ecosystem on Cardano.”
Derived.fi will IDO on the OccamRazer decentralized launchpad on the 14th October 2021.
Follow Derived.fi’s social media channels to stay up to date with the latest news:
- Telegram Official Community — https://t.me/derived_discussion
- Telegram Announcements — https://t.me/derivedFi
- Website — https://derived.fi
- Medium — https://derivedfinance.medium.com/
- Twitter — https://twitter.com/DerivedFinance
Follow Occam.fi’s social media channels to stay up to date with the latest news:
- Telegram Official Community — https://t.me/occamfi_com
- Telegram Announcements — https://t.me/occamfi
- Medium — https://medium.com/occam-finance
- Twitter — https://twitter.com/OccamFi
- Reddit — https://www.reddit.com/user/OccamFi
- Discord — https://discord.gg/9eQbAkPj7K
About Derived:. Derived is a Multi-Chain Synthetics Trading Platform that is leveraging the interoperability features of Polkadot to make the platform available across Blockchains. The Derived platform allows leveraged minting (up to 3x) to its platform users. It will also be the first platform that would allow its user unique features like, the ability to create Hybrid Tokens and access to features like Binary Options, Multiple native currency support, 0% Slippage, and Unlimited liquidity among many others. Learn more at: https://derived.fi
About Occam.fi: The Occam.fi ecosystem is governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.
