Antimatter And Elrond Network Works For A Decentralized Landscape

Published on: 30.06.2021

Antimatter is an innovative lightweight on-chain defi derivative protocol. You can buy call and put options as an individual holder, generate or redeem call and put options as one of the liquidity. providers.

This aspect, makes Elrond Network decide to be partners with Antimatter to bring decentralized call and put options to the Elrond DeFi landscape. Call and put options are financial instruments that allow participants the right, but not the obligation, to buy or sell an asset at a specific price at some point in the future. These powerful tools allow market actors to engage with assets on longer time spans and maintain advanced risk management and opportunity exploration strategies.

“The Maiar Exchange will catalyze an explosive growth in the value of assets issued on the Elrond Network. The availability of advanced financial instruments such as the ones provided by Antimatter will further amplify this growth, bringing an influx of new capital and transactional volume.”— Beniamin Mincu, Elrond Network CEO.

The collaboration will integrate Elrond blockchain into Antimattr platform and enable Antimatter users to buy and sell call and put options on Elrond assets.

“The flexibility of Elrond smart contracts will enable us to implement our logic in a very efficient manner, which will make for a smooth and inexpensive experience for Antimatter users engaging with eGold and Elrond assets.”— Antimatter Exec, Role.

Antimatter is a permission-less engine for perpetual options generating call and put tokens. It is multi-chain compatible to include assets on Ethereum, Polkadot, Binance Smart Chain, Huobi Eco Chain, and Elrond.

ABOUT ELROND NETWORK
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism

ABOUT ANTIMATTER
Antimatter is an innovative, lightweight on-chain defi derivative protocol for tokenized perpetual call and put options with zero liquidation risk and no funding fees.

RESOURCES
Elrond Blog

Market Stats:
BTC Dominance: 54.25%(-0.33%/24h)
ETH Dominance: 15.35%(+0.36%/24h)
Defi Market Cap: $89.62B(+1.77%/24h)
Total Market Cap: $2428.48B(+2.75%/24h)
Total Trading Volume 24h: $74.41B(-2.77%/24h)
ETH Market Cap: $372.58B
Defi to ETH Ratio: 24.06%
Defi Dominance: 3.51%
Altcoin Market Cap: $1111.08B
Altcoin Volume 24h: $47.03B
Total Cryptocurrencies: 29756
Active Cryptocurrencies: 9959
Active Market Pairs: 82278
Active Exchanges: 765
Total Exchanges: 8545
BTC: 66875.82$(-0.11%/1H)
ETH: 3104.9$(-0.19%/1H)
AVAX: 37.43$(-0.08%/1H)
BNB: 581.73$(0.07%/1H)
MATIC: 0.71$(-0.27%/1H)
FTM: 0.84$(1.84%/1H)
ADA: 0.48$(0.13%/1H)
DOT: 7.19$(-0.29%/1H)
UNI: 7.52$(-0.28%/1H)
CAKE: 2.69$(-0.08%/1H)
SUSHI: 1.12$(-0.13%/1H)
ONE: 0.02$(-0.24%/1H)