Reef Finance Partners With Oddz Finance
ReefDeFi has announced a strategic partnership with Oddz Finance is a multi-chain option trading platform built on Binance Smart Chain.
Through the partnership with Oddz Finance, Reef users will now be able to access options trading on multiple blockchains directly through the Reef platform. Reef has already provided a range of innovative investment products to users, such as the Reef Baskets and the Reef Bonds. With this integration, Reef will provide traders an entirely new class of financial derivative tools, enabling them to access on-chain options for speculation or hedging their existing positions.
About Oddz Finance
Oddz Finance 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. Oddz employs the synergies of Ethereum, Polygon, Binance Smart Chain, Polkadot, Elrond and other major decentralized networks 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.
About Reef Finance
Reef Finance is the first cross-chain DeFi operating system, which offers users the ability to trade with access to liquidity from both CEXs and DEXs. Reef offers DeFi services such as smart lending, borrowing, staking, and mining through its AI-driven personalized Reef Yield Engine. Reef has also recently deployed Reef Chain, an EVM compatible DeFi blockchain built on the Substrate framework which will power the DeFi DApps of tomorrow. Reef Chain provides enhanced security, massive scalability, fast finality, low cost transactions, and other features which are required to usher in the next phase of the DeFi revolution.
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