OPIUM TEAM middle month update — March 2020
We have built cool stuff, including the first time in the history fixed-rate deposits for Compound! We got a lot of feedback regarding trading swaps on Compound when users realized that they could earn 10x return with interest rate swaps, so we built tools and guides for it!
1. Release of a platform for Fixed Rate Deposits
fixed.swaprate.finance
Our users now can make deposits to Compound with fixed interest rate directly from our platform! 90% of their deposits are locked in Compound itself and 10% in the special overlay that guarantees the fixed interest over the period.
2. A strategy calculator for swaprate.finance
Everyone can trade his expectation on the floating rates market and see which strategy should choose on SwapRate to earn 10x more interest
Here you can try it swap.rate calculator
3. A quick guide on leveraged trading strategies for Compound interest rate
Learn how to trade with 10x leverage on Compound rate. Read it here.
4. We have participated in EthCC[3]
The conference was great, sorry for everyone who got infected by COVID-19. Wish you all speedy recovery!
5. Addressed several issues on our platforms
We continuously make our products better, thanks for user feedback. We improved over 20 minor design, UX and efficiency issues.
6. The largest Swap order on our platform reached 1000 DAI
We are happy to announce that our community grows as well as average order size.
Stay tuned…
