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delta.theta – Press release Bitcoin News

Press release

PRESS RELEASE. Delta.theta – a DEX options platform – has grown significantly since its launch in May: raising nearly $ 2 million, forging key partnerships, and launching ETH and BSC mainnets are just a few examples of what the team can do in less than two Months.

Advanced strategies available to farmers and traders who can finally work with liquidity directly on a fully functional platform on both Ethereum and BSC chains.

The project brings derivatives into the cryptocurrency space and has successfully rolled out a DEX P2P options platform. Options in the crypto market are the so-called underdogs and with volumes of less than 1% compared to the total volume, they are not that popular. The only viable centralized competitor is Deribit, which covers 80 to 90% of the total options market volume in the crypto space.

The other side of the situation is the DEX approach to options. The incompatibility between AMMs / LPs and options makes it difficult to develop a platform that meets market demands. Delta.theta offers every user direct access to an order book and the liquidity of all other participants. This approach allows users to create new options markets for volatile and risky assets versus a stable coin – an impossible move for LP-based options.

future plans

Within the first month since the start of the first mainnet, the delta.theta DEX options platform is in operation on BSC and Ethereum mainnets. Since launch, the team has managed to integrate two premium asset listings in just a few weeks: $ DAO and $ HAPI.

Both listings are just the beginning of a market expansion. The team welcomes all project teams in ETH, BSC and Polygon networks for a free listing on delta.theta options DEX.

Yes, you heard right! delta.theta will start the Polygon Terminal in the coming days – on August 23rd. This will allow even more users to take advantage of the undeniable advantages of options over spot trading. “We decided to expand to Polygon because the network seems to be developing at a rapid pace. The mission of delta.theta is and always will be to provide every user with direct and unequivocal access to market liquidity … We are also in close contact with the Polygon team in order to present even more possibilities and advantages to the Polygon network in general ! ”- said Danil Zatologist, CEO of delta.theta.

Finally, the version of the delta.theta platform v2 expected for September 2021 will provide access to packaged asset options for each asset type. Straight from their wallets and with no custody, people could trade options on the most popular stocks, fossil fuels, indices and other types of investments.

Innovative functions that you don’t want to miss

Two delta.theta terminals:

  • LITE terminal: specially developed for farmers. Easy to understand and user-friendly interface for casual users;
  • PRO-Terminal: Simple and classic option platform for traders with the familiar user interface and all functions of the DEX platform.

Successful projects have shown that the key to creating a successful platform is to incorporate a native token into a strong product. Delta.theta’s token, DLTA, has significant utility on the platform as it offers users a number of benefits as well as advanced platform functionality. The project itself is an ecosystem that solves two of the biggest problems in the market and includes the greatest benefits of a centralized exchange within a decentralized platform supported by the DLTA token. This token is said to be the only native token on the platform created for those with no venture capital fund involvement in the initial fundraising.

The sophisticated LIP (Liquidity Incentivization Program) offers users even more options to manage their assets effectively. LIP is a cross-protocol solution to reuse the cover funds for Venus or Compound and generate additional income from lending, which leaves even more room for the implementation of advanced strategies.

Asset listing is remarkably quick – the platform’s architecture allows new pairs to be listed within 1 hour.

This is a press release. Readers should do their own due diligence before taking any action in relation to the advertised company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in the press release.

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Photo credit: Shutterstock, Pixabay, Wiki Commons

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