Oddz Collaborates With Chromia
Bringing Oddz Derivatives Trading To The Relational Blockchain Platform
Oddz Finance is delighted to form a strategic partnership with Chromia — The Relational Blockchain platform that simplifies the process of building Dapps for a better world.
Snapshots:
- Oddz and Chromia will collaborate to provide options and derivatives trading to customers through the Chromia platform.
- Oddz will enable options trading for $CHR tokens based on the availability of Implied Volatility (IV) feeds from our exclusive partners,Chainlink.
- Users will soon be able to trade derivatives on multiple blockchain networks, including Chromia.
We are always looking for new partners to work with in order to expand our footprint in the Cryptocurrency space. The Oddz team are bringing a fresh approach to Options trading, and we are impressed by their commitment to extensive interoperability. We look forward to collaborating with them.
Henrik Hjelte, CEO and Co-Founder of Chromia
This exciting partnership will bring greater flexibility and liquidity to our entire network, thanks to some of Chromia’s unique capabilities:
Blockchain containers: Each Dapp will get its own container where it can run as many blockchains as needed to scale horizontally (a new blockchain can be launched on Chromia in a matter of seconds),
Interoperability framework: Applications communicate with other Dapps both within Chromia and outside of it. Furthermore, unlike Ethereum smart contracts, which have to be called by a user, Chromia Dapps can take action on their own, making it better suited for applications that need autonomous actions (such as DAO, derivative exchanges, etc.).
Chromia Originals NFTs: When Chromia set out to develop the NFT standard that will be used in their blockchain, They kept several properties of ERC-721 while adding additional properties and features that will expand the possibilities for NFTs, especially for use in blockchain gaming. In the future, we will explore the possibility of integrating NFTs into the Oddz platform for the purpose of gamification.
Oddz aims to be a multi-chain derivative trading platform that offers users with multiple benefits when trading on the different platforms. With this partnership with Chromia, we are confident that we will be able to develop and deliver a powerful, flexible and user friendly product. the product will be able to reach greater heights and traders will enjoy buying options for several cryptocurrencies including $CHR!
Aishwarya Shivakumar Haroshivanahalli, Co-Founder and CEO, Oddz Finance
About Chromia
Chromia is a relational blockchain platform developing Layer-1 and Layer-2 solutions for the next generation of decentralized applications. Their core team of Alex Mizrahi, Or Perelman, and Henrik Hjelte are notable contributors to the cryptocurrency space, with roots stretching back to the earliest forms of blockchain tokenization. By combining the security of blockchain with the flexibility of databases, Chromia aims to unlock new possibilities for blockchain based development.
Website | Twitter | Telegram | Facebook | Instagram | Youtube
About Oddz
Oddz is a trustless on-chain derivatives trading platform that expedites the execution of call and put options contracts, conditional trades, and futures. It allows the creation, maintenance, execution, and settlement of trustless option contracts, conditional tokens agreements, and futures contracts in a fast, secure, and flexible manner.
It employs the synergies of Ethereum, Binance Smart Chain, Polkadot, Polygon and Elrond Network to unleash the potential decentralized derivatives market. It focuses on building solutions that can propel the DeFi ecosystem by simplifying derivatives trading and enhancing the user experience.
Instagram | Telegram Chat | Telegram Announcements |Twitter | Website
