ONTO x Deri Protocol Partnership

ONTO partners with Deri Protocol & organise a contest with $2,000 DERI to share.

Deri recently launched its “Inno Zone”, a special trading zone where you can trade new, innovative tokens, such as the Metaverse sector tokens, DeFi Basket Index, etc. Deri Protocol has already listed the USDT-margined and DERI-margined AXSUSDT perpetual contracts, MBOXUSDT perpetual contracts, and iBSCDEFI perpetual contracts in Inno Zone, while the Main trading zone lists only established and approved symbols such as BTCUSD and ETHUSD.

From August 3rd (9:00 UTC) to August 10th (9:00 UTC), try Deri Protocol in ONTO to win a share of $2,000 DERI.

Participate early to ensure you’re a winner! The first 400 people who participate will each be awarded $5 worth of DERI. Those who interact with Deri using a newly-created ONT ID wallet will each get an extra 2 ONG.

🔹Steps:

1. Download ONTO
2. Complete any trade worth at least $20 (notional value) in the Deri dApp using your ONTO Wallet.

🔹Tutorial:
https://ontology-1.gitbook.io/onto/guides/discover/binance-smart-chain-bsc/deri-protocol-guide

What is Deri Protocol?

Deri Protocol is a decentralized protocol for users to exchange risk exposures precisely and capital efficiently. It is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. This is achieved by liquidity pools playing the roles of counterparties for users. With Deri Protocol, risk exposures are tokenized as NFTs so that they can be imported into other DeFi projects for their own financial purpose. Having provided an effective on-chain mechanism to exchange and hold risk, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

What is ONTO Wallet?

ONTO is the first truly decentralized, cross-chain wallet, allowing users to securely manage their identities, data, and digital assets. ONTO users can manage their crypto assets (including NFTs), perform cross-chain swaps, keep up-to-date with the latest industry latest developments and events via the ONTO news feed, and enjoy access to a variety of dApps.

With ONTO Wallet, users can create an ONT ID, a decentralized digital identity that fully protects their private data through an encryption algorithm and enables one-click multi-chain wallet address creation and management.

📰 INFO:

https://medium.com/onto/onto-x-deri-protocol-win-a-share-of-2-000-deri-a9c71d8b715a