Oddz Finance: Newsletter

November 2021

oddz finance

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oddz finance

4 min readDec 8, 2021

November Highlights

Partnerships, Announcements and More!

Oddzverse — The Wallstreet of Metaverse

Oddz has efficiently constructed the first financial metaverse for all its credible users for high quality experience. This surreal space is devoted to our enthusiastic and earnest users to engage in productive discussions related to various options and derivatives trading strategies, social trading and copy trading captivatingly. The users can visualize themselves in this phenomenally designed digital crypto space for diverse activities.

Oddz will partner with multiple DEXes to enable options and derivatives trading directly from decentralized exchange while trading crypto currencies. Moreover, Oddz will be sparing a whopping 2.5 Million $ODDZ tokens for organizing various activities, rewarding the participants and sponsoring various campaigns.

$1 million liquidity added on Oddz Liquidity Pool

A beneficial 1 Million liquidity was locked on Oddz Liquidity Pool. The $1 Million worth $ODDZ was burned and locked in the vesting contracts for 3 years scaling down the circulation supply.

$ODDZ gets listed on StealthEX Exchange

Oddz was listed on an instant cryptocurrency exchange, StealthEX Exchange. It is known for its fast and limitless cross-chain swaps. This platform will permit users to interchange their native $ODDZ with more than 400+ assets catalogued effortlessly. Users can swap promptly without any registration hassels.

Options trading enabled for more altcoins

We will enable options trading for more alt coins on various block chains. Our internal IV set up with gVol will help us edge ahead of other competitors in this space. The 1.5 Million liquidity that is locked in our protocol is significantly sufficient for us to enable options for more altcoins such as avalanche, BNB, Matic and many more.

Oddz Mainnet — Coming soon on Polygon

The launch of Mainnet on Polygon was inaugurated. The Mainnet has been created with best strategies

$ODDZ gets listed on Coin98_wallet

The native token of Oddz, $ODDZ (ERC20 and BEP20) is listed and favourably supported on the leading multi-chain wallet and DeFi gateway, Coin98_wallet. Users now will be able to store, transfer and trade $ODDZ in a more safe and secure manner.

Delight for Liquidity providers — get higher APY depending on the utilisation

As a part of Options v2, now the liquidity providers can enjoy higher APY depending on the utilization. Suppose, if the liquidity pool for one day expiration for ethereum call is utilized 90%, all the LPs for this pool can enjoy higher yields compared to other pools whose utilization is lesser than 90%. APY for the oUSD stakers would be dynamic and there would be several multiplier boosters based on the utilization.

Launch of the Monster — Oddz is coming on Avalanche!

This month revealed the launch of Avalanche testnet. It will have Options v2 with bonus features. Oddz is the first options trading platform on Avalanche for underlying assets. It will enable options for AVAX, ETH and BTC. The testnet will offer great participation rewards for its users. More details on this soon!

Oddzverse is now on Bloktopia

Oddz collaborated with Bloktopia to bring it’s dream-like fantasyland ‘Oddzverse’ into virtual reality. Based on the NFT economy, it allowed Oddz to own a real-time workstation with advertisements and events creating opportunities for users. It leverages technology to create stunning visualizations and exceptional user experiences.

Oddz partners with Propel
To intensify and escalate user exposure, Oddz partnered with Propel. It provides ‘Metaverse as a Service (MaaS)’. To give its users a magnified elevation in the services, Oddz united with Propel.

Incorporating the Blazing Speed of Avalanche on Oddz to Enhance Options Trading

The monster brought an exquisite integration between Oddz and Avalanche to enhance options trading. Avalanche will upgrade and boost user experience with lower gas fees and increased transactions per seconds. It will help Oddz for a better reach and broader vision of bringing DeFi with finer security.

Publications

The announcement of the world’s first Financial Metaverse — Oddzverse was covered by leading and renowned publications like Yahoo Finance, MarketWatch, Coin Telegraph and Investing.

Roadmap

After days of sketching and formulating the best plans, the blueprint of ‘Oddz Q4 Roadmap’ was released for the month of November and December. The plan of action included Options v2 Testnet on Avalanche, DEX Integration, Options v2 Mainnet on Polygon, Perpetual Testnet on BSC and Oddzverse (Metaverse Implementation). The upcoming months will not just be for the elevation of Oddz but also the growth and development of our users!

Message from the CEO

After successful integrations with Avalanche, Propel and Bloktopia this month, we have additional plans for more competent and refined user-experience in the coming months. We would like to give credit to our users for their unconditional devotion and support. Apart from the massive monster and mystical world, we have more in our bucket to surprise our users with!
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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Oddz Finance: Newsletter

November 2021

Written by oddz finance