Deri Protocol — a decentralized protocol for accurate and efficient risk exchange. This is DeFi's way of trading derivatives: hedging, speculating, arbitrage - all along the chain. This approach is achieved due to the fact that liquidity pools play the role of counterparties for users.
Contents:
About Deri Protocol
With the Deri protocol, risk exposures are tokenized as NFTs so that they can be imported into other DeFi projects for their own financial purposes. By providing an effective network mechanism for sharing and holding risks.
While derivative cryptographic solutions already exist, most are either centralized or insufficient to meet the needs and requirements of potential DeFi customers. As a solution for decentralized derivatives exchange, DeriProtocol is designed with all the defining characteristics of DeFi and financial derivatives in mind by nature.
Features of the project:
| Fully online | The exchange mechanism runs on smart contracts. |
| Real derivatives | Get accurate risk and capital efficiency data. |
| Combination possibility | Positions work as NFTs, which you can store, transfer or import into any other DeFi projects for their own financial purposes. |
The $ Deri token powers three different blockchains through Deri's unique cross-chain bridge (Ethereum, Binance Smart Chain and Huobi Eco Chain). Users can earn Deri Rewards by adding liquidity to internal pools. There are currently five trading pools on offer (2x $ BUSD, $ USDT, $ BAC, $ HUSD). Please note that each trading pool has a connection with a specific blockchain. For example, to receive $ DERI rewards with BUSD, you must be logged into the BSC network.
What else should you pay attention to?
The site contains an introductory WhitePaper document and a section with additional information. You will find answers to questions, working rules and much more there. The Medium blog posts news articles.
From social networks, the community leads:
- twitter;
- telegram;
- GitHub.
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