DeltaTheta Launched Incentivezed Testnet

Published on: 01.06.2021

DeltaTheta is a peer-to-peer asset option trading platform. Currently, the solution is implemented on the following blockchains such as Binance Smart Chain and Ethereum. DeltaTheta is primarily focused on the segment of”farmers” on Binance Smart Chain and then on traders.

As a decentralized options platform, DeltaTheta strive to create a user-friendly, simple and secure platform, using which users can get a new experience in options in the crypto market. The platform launched an incentivized testnet, and invite users to test the functionality of the platform before Mainnet, and reveal flaws or bugs in the platform before Mainnet. Distribution of tokens to active participants testnet.

Aside from this event DeltaTheta will also be having a strong holding offering(SHO) that will be hosted by the MakerDAO.

Key Metrics

  • Ticker:
    DLTA
  • Blockchain Network:
    BSC & Ethereum
  • Token Supply:
    100,000,000
  • Project Valuation:
    $9,000,000
  • Initial Token Circulation:
    7,700,000
  • Initial Market Capitalization:
    $693,000
  • Total Raise (All Rounds):
    $1,912,500
  • Platform Raise:
    $300,000
  • Personal Allocation:
    $1,000

Delta Theta provides a logical structure that includes four types of contracts:

– Buying an opportunity to buy (Buy CALL option)

– Buying an opportunity to sell (Buy PUT option)

– Selling of obligation to buy upon request for execution (Sell CALL option)

– Selling of opportunity to sell on-demand (Sell PUT option)

The Delta Theta platform itself is not a party to the transaction, but only provides a set of comprehensive software solutions for organizing trades and obtaining equilibrium reference asset values.

ABOUT DELTA THETA
delta.theta
is a peer-to-peer option trading platform currently operating on both Binance Smart Chain and Ethereum. In simplest terms, it is a protocol that enables CEX liquidity on options to be available on-chain.

RESOURCES
Blog Post

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