Oddz Finance: Newsletter
October 2021
The month of October was plethoric for Oddz. There were significant and intrinsic activities planned and unmasked for the prosperity of our users. From Mainnet Carnival to introducing the ‘Hulk’, from the sticker contest to the land of virtual fairy-tale ‘Oddzverse’, Oddz has all the plans to keep their users thrilled and glued.
October Highlights
- Weekly Leaderboard Winners
- Stake $ODDZ | $BNB LP Tokens, Earn $ODDZ on Oddz Platform
- Oddz Staking V2
- Publications
- Oddz Mainnet Carnival on Binance Smart Chain — Established, Executed and Accomplished!
- One Day Expiry Options
- Oddz Sticker Contest
- Options V2 with Bonus Features
- Oddz Secondary Market
- Strategies for Liquidity Providers
- American vs. European Options
- Auto-Exercise Options
- Token Buyback Program
- Oddzverse
Announcements and List Down
Weekly Leaderboard Winners
After the successful execution of Oddz Mainnet Carnival on Binance Smart Chain (BSC) where winners could win $5,700 every week in Leaderboard Competition, the third week rewards were distributed. 10 users were rewarded in this challenge for their constant support and involvement in the Mainnet Carnival.
Stake $ODDZ | $BNB LP Tokens, Earn $ODDZ on Oddz Platform
To gain 150,000 $ODDZ a detailed guide was provided to all the users for their easy and better understanding of how to provide $ODDZ-$BNB liquidity into the pool where the users could get LP tokens to earn $ODDZ.
Oddz Staking V2
This was one of the highpoints of the month where Oddz Staking V2 was launched in BSC. It marked the end of the staking V1 and re-stake on V2. There were early staking rewards distribution to add to the benefits of the users.
Publications
Oddz diligence led it to be publicized in some leading publications like Micky and BC Manager.
Oddz Mainnet Carnival on Binance Smart Chain — Established, Executed and Accomplished!
After a massive stroke, the Oddz Mainnet Carnival on BSC came to an unwanted end. It was incredibly executed and received great responses from the users. As staking is one of the most interactive features on Oddz, it attracted users to stake oUSD and $ODDZ to gain upto 20,000 ODDZ daily. The users could earn high APY by staking and by providing liquidity.
One Day Expiry Options
Oddz being a user-friendly platform blazed the demands and desires of its users by enabling the One Day Expiry Options i.e., the options will expire in One Day (24 Hours).
Oddz Sticker Contest
The sticker contest that ran for 2 weeks looking at the excitement of our users was encountered with much difficulty to select the best ideation. The most innovative and visionary brainboxes were rewarded for their creativity and enthusiasm.
Options V2 with Bonus Features
We promised something massive, astronomical and magically for our users. We introduced a Marvelous Monster to be launched soon for our users with attractive features with Options V2.
Oddz Secondary Market
One of the most important features of Options V2 was Secondary Market. It was for the exhausted option holders who waited long for a counterpart to buy their options. So we bought a cure for this fatigue and tiredness by acquainting the users with Oddz Secondary Market.
Strategies for Liquidity Providers
Oddz unveiled the second feature of Options V2 which were strategies for Liquidity Providers where option writers can design their own strategies as all highly performing option strategies will be shown upfront along with an ability to move liquidity from one strategy to another.
American vs. European Options
With the aim of facilitating the use of the options, the difference between the two most widely used options, American and European options was articulated. The perks of these options are that they have nothing to do with the geographic locations. Users can favourably trade American options on Oddz.
Auto-Exercise Options
The third feature of Options V2 was exclusively for Oddz stakers. It enabled the Auto-Exercise Options for them.
Token Buyback Program
With astounding Token Buyback and phenomenal Token Burn, Oddz planned to buyback tokens from the market and lock them for 3 years in vesting contracts. All the options in the liquidity pool were in profits leading to staking rewards for liquidity provisioning being burned from the treasury.
Oddzverse
World’s First Financial Metaverse — Oddzverse was originated. The users witnessed the wallstreet of Metaverse where virtual digital space is not just beyond the universe but beyond one’s imagination. 2.5 Million $ODDz are locked as its perks.
Message from the CEO
We are immensely happy with the response of our users. Our team is constantly working for an advanced experience for them. The coming months will be loaded with various activities that will bring users boundless enthusiasm and much amazement. We are committed to provide them with an effortless and unbelievable experience at our platform. Will keep introducing such activities to keep up their expectations.
Aishwarya Shivakumar Haroshivanahalli, Co-Founder and CEO, Oddz Finance
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, Elrond Network and Chromia to unleash the potential of a decentralized derivatives market. It focuses on building solutions that can propel the DeFi ecosystem by simplifying derivatives trading and enhancing the user experience.
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