Oddz Collaborates With Kyber Network

Oddz is thrilled to collaborate with Kyber Network. 

This collaboration is to enhance liquidity for their tokens using the highly capital efficient and flexible Kyber DMM (Dynamic Market Maker) protocol. The Kyber Dynamic Market Making (DMM) protocol, one of the protocols within Kyber’s liquidity hub, is highly capital efficient and has a dynamic fee structure, bringing benefits to liquidity providers (LPs) as well as liquidity takers. Anyone on Kyber DMM can permissionlessly create a pool and contribute liquidity as well.

Oddz and Kyber have mutually agreed to collaborate and they are discussing different ways to create a liquidity pool for ODDZ tokens that will reduce the impermanent loss and the slippage of the liquidity providers and takers.

About Kyber Network

Kyber Network aims to deliver a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources to provide the best rates to takers such as Dapps, aggregators, DeFi platforms, and retail users.

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.

INFO:

https://medium.com/oddz-finance/oddz-collaborates-with-kyber-network-b5b1a0a4773b