Deri Protocol — a decentralized protocol that allows users to share risks accurately and efficiently. This is DeFi's way of trading derivatives: hedging, speculating, arbitrage - all along the chain. This 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 non-fungible tokens (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 has all defining characteristics of DeFi and financial derivatives in mind by nature.
Features of the project:
| Real DeFi | Deri Protocol — a group of smart contracts, deployed on the Ethereum blockchain, where the exchange of risk takes place entirely on the chain. |
| Real derivative | The PnL of the users' positions is calculated with the price of the mark, updated by the oracle, which ensures accuracy. Margin supports positions, which provides a built-in leverage. |
| Combination possibility | Positions are tokenized as non-fungible tokens (NFT) that can be stored, transferred or imported into any other DeFi projects for their own financial purposes (like blocks in their own "lego game"). |
The $ Deri token is compatible and supports three different blockchains through the unique Deri cross-chain bridge (Ethereum, Binance Smart Chain and Huobi Eco Chain).
Additional data
The site contains a WhitePaper document and an introductory section. You will find answers to questions, working rules and other useful information there.
From social networks, the community leads:
- twitter;
- telegram;
- GitHub.
Subscribe to follow the latest news and updates. The audit of a smart contract is available by the link.