Oddz Partners With Equalizer
Bringing Flash Loans In Derivatives Trading
Oddz Finance is excited to partner with Equalizer — the first dedicated flash loan marketplace built on top of Ethereum, Binance Smart Chain, Polkadot and Solana.
Snapshots:
- Oddz and Equalizer have mutually agreed to collaborate and we are discussing different ways to integrate and make flash loans available for Oddz users.
- Oddz token holders will be allowed to avail Flash Loans with low lending fees.
- Oddz token holders availing flash loans will be able to generate greater profits for lower risks.
Flash lending is a revolutionary financial product unique to the decentralized finance world as it has no corresponding centralized finance product or service. It allows the borrower to take a loan, use it for profitable operations, and return it together with interest within the same blockchain transaction. Through its nature, flash lending adds more depth to the concept of democratized finance by allowing everybody to act as a significant player in the field for any given instance, using up the total liquidity available on a platform.
Watch Equaliser Finance videos here.
Equalizer strives to provide broad opportunities for flash loans usage. Together with Oddz, Equalizer will implement flash loans for options contracts, conditional trades, and futures markets. This will make Equalizer the absolute pioneers in the combination of these opportunities, as no other project on the market has ever successfully implemented such a solution before. By leveraging the multi-chain infrastructure of both platforms, both projects will be acquiring unlimited space for development!
We are going to create a new type of integrated service, where flash loans play a very important role. Oddz will provide a safe and intuitive area for using derivatives and we will implement flash loans. Due to this integration, users will be able to get bigger profit, with lower risks.
Iulian Nita, Project Lead, Equalizer
Why collaborate with Equalizer?
Defi Flash Loans are made easy at Equalizer : Flash lending is risk-free for liquidity providers and strengthens the concept of democratized finance as it allows the borrowers to use the entire available capital of the lending vaults.
Low Lending Fees: Equalizer aims to offer the lowest lending fee in the market and keep be attractive enough for both lenders and borrowers This means that the fees will be big enough to attract Liquidity Providers (LPs) and small enough to persuade arbitrageurs (borrowers) to use the platform and earn profit. ODDZ token holders will benefit from these features too.
Unlimited Token Variety : Equalizer will offer a wide range of tokens and the community can propose the listing of any token that meets the minimum requirements, in terms of daily trading volume and number of the Decentralized exchanges where the token is listed.
Integration-Friendly Philosophy: The DeFi ecosystem is not a set of isolated islands but an interconnected web of markets and protocols. Equalizer provides easy and fast integration with other protocols, scripts, or bots in the market. For this purpose, Equalizer will provide an open and standard interface to interact with and also, an extensive documentation.
Lastly, the Equalizer platform will be fully compatible with any EVM-based blockchain by supporting multi-chain capabilities.
I can already visualize a multitude of opportunities that can be developed with this partnership. Building your platform on multiple platforms gives users a chance to select the blockchain they want to trade on, based on their preferences. This integration with Equalizer, another multi-chain DeFi protocol, will help our users generate greater profits with lower risks!
Aishwarya Shivakumar Haroshivanahalli, Co-Founder and CEO, Oddz Finance
About Equalizer
Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand for decentralized lending and borrowing, boosting the trading volumes of any listed asset. It offers top benefits over popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and multi-chain capabilities. Equalizer enables profitable trading strategies for arbitrage, liquidations, portfolio rebalancing and collateral swapping.
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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.
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