Oddz Finance: Newsletter
May 2021
Hello Oddz Community!
May was an exciting month full of interesting partnerships and collaborations with leading blockchain networks and DeFi protocols, competitions for the community, and the launch of Oddz Academy — a one-stop solution for everyone who wishes to learn about blockchain, DeFi and also about options trading.
May Highlights
- Oddz Integrates with Polygon (Previously Matic Network) to Bring Options Trading to the Mainstream
- Oddz Finance Establishes a Strategic Partnership With Gourmet Galaxy
- Oddz Community Quiz Contest (14 May 2021–16 May 2021)
- Oddz Finance Establishes a Strategic Partnership With Unmarshal
- DeFi and Derivatives Trading Made Easy — Oddz Finance Launches Oddz Academy
- Oddz Incentivised Testnet Program on Binance Smart Chain
- Oddz Partners with Elrond
- ODDZ gets listed on MXC Exchange
Partnerships and Announcements
The month of April saw Oddz announce multiple partnerships with leading protocols and blockchain networks that would help us fulfil our goal of making DeFi accessible to all. We also announced the launch of the Oddz Academy that would help people understand how to trade options contracts on Oddz and also about the basic concepts in DeFi.
Oddz Integrates with Polygon (Previously Matic Network) to Bring Options Trading to the Mainstream
To help improve the user experience on the platform, Oddz integrated with layer 2 solution Polygon (Previously Matic Network). This integration would help reduce the gas fees and increase the transactions per second (TPS). Oddz has become the first options trading platform to have partnered with Polygon. Now major hurdles of network congestions and low throughput will be resolved as traders will be able to leverage Polygon’s high speed to execute contracts on an amazing user interface.
Oddz Finance Establishes a Strategic Partnership With Gourmet Galaxy
This was more of a strategic partnership where Oddz will collaborate with Gourmet Galaxy to explore the different possible synergies between options trading and NFTs and gamification. Both platforms are looking forward to improving the liquidity on their platforms while making this partnership interesting for their communities.
Oddz Finance Establishes a Strategic Partnership With Unmarshal
As Oddz moves towards the launch of its Mainnet, we will have data needs to provide the various market analysis to our users and Unmarshal could help us meet those needs. Unmarshal is a multi-chain DeFi Data Network that facilitates seamless access to data on blockchains for any kind of decentralized applications. In return for the data needs of Oddz, we will enable options trading for $MARSH tokens based on the availability of Implied Volatility Data Feeds from our exclusive oracle partners Chainlink.
DeFi and Derivatives Trading Made Easy — Oddz Finance Launches Oddz Academy
Oddz Finance aims to make DeFi accessible to all. The best way to explain to people how easy and simple derivatives trading could be, we launched our very own academy — Oddz Academy. At Oddz Academy, we will have tailor-made educational content for all — newbies, amateurs and experts. We also have content in different formats — tutorials, guides and videos! Oddz Academy will also collaborate with industry experts to provide high-quality educational content that will enhance your learning experience.
Oddz Incentivised Testnet Program on Binance Smart Chain
Oddz received an overwhelming response from the community when the Incentivised Testnet program was announced in May 2021. The incentivised testnet will be live on Binance Smart Chain on June 7, 2021. $30,000 worth of ODDZ tokens will be distributed as an airdrop among the participants, traders on the leaderboard and people submitting their feedback and suggestions about the testnet.
Oddz Partners with Elrond
Oddz is a multi-chain options trading platform that is built on Ethereum, Polkadot, Polygon and Binance Smart Chain. This integration with Elrond means that Oddz will be the first options trading platform on this internet-scale blockchain network. This collaboration will focus on the deployment of Oddz on Elrond, which will enable options trading for assets supported on Elrond mainnet. This will also yield a solid layer of liquidity for the users, allowing them to engage more capital with Elrond assets thus enhancing the overall experience.
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Events and Community
We have seen a rise in community engagement on our multiple social media platforms like Instagram, Twitter and Telegram Chat and Announcement channels. To interact with our community members Oddz organised a Prediction Competition for Dogecoin where rewards worth $300 would be distributed among the top 3 participants who would make the closest prediction to Dogecoin’s price.
We also announced a non-technical community quiz contest for our community members. This event saw the largest number of participants. $300 worth of ODDZ tokens were distributed among the winners of the quiz contest.
Listings
Oddz tokens are available on PancakeSwap, Bilaxy, Hoo and AscendEX.
We recently got listed on MXC Exchange. A trading contest with rewards of up to 30,000 ODDZ tokens has been organised by MXC Exchange. Read more here.
Message from the CEO:
I am glad we were able to partner with some of the leading blockchain networks in the space. The integration of Polygon reiterates our goal to make DeFi accessible and feasible for all. The launch of the Oddz Academy was highly appreciated by members of the community and we plan to collaborate with industry experts in the coming days.
The Incentivised Testnet is round the corner and I hope you all enjoy using our platform while getting a chance to win up to $30,000 worth of ODDZ tokens.
Aishwarya Shivakumar Haroshivanahalli, Co-Founder and CEO, Oddz Finance
About Oddz
Oddz is a trustless on-chain option 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, and Polkadot 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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