Using Flash Loans in Derivatives Trading Will Be Available Due To The Collaboration of Equalizer Finance And Oddz Finance
The Equalizer development team is delighted to announce that it has entered into a new and promising strategic partnership with Oddz Finance.
Given the increasing adoption and expansion of the DeFi market and its attraction of new user audiences, the demand for new financial instruments is growing. A large number of conventional and advanced financial instruments available on the market have already migrated into DeFi ecosystems as parallel reflections of their traditional counterparts. This transition to DeFi space has endowed such instruments with unique characteristics. Among the most demanded and versatile options on offer are flash loans, which have become zero-risk and free of pledge credits, unlike traditional loans. Flash loans are the main service of Equalizer Finance and we are looking for partners to help us make flash loans available in different industry sectors.
A large class of financial instruments are derivatives, which are essentially a contract between two parties that derives its value/price from an underlying asset. The most common types of derivatives are futures, options, forwards and swaps. Oddz Finance is a multi-chain options trading platform operating on the Binance Smart Chain, Polkadot and Ethereum networks. It expedites the execution of call and put options contracts, conditional trades, and futures. Oddz thrives on revolutionizing the on-chain derivatives market by introducing smart and intuitive features for contractual traders. Such an approach was adopted due to the massive demand for trading financial contracts in DeFi space.
A wide range of DeFi projects are already serving users’ needs in the trustless derivatives markets, but Oddz is the sole service focused on building solutions that can propel the DeFi ecosystem by simplifying derivatives trading and enhancing the overall user experience.
Equalizer strives to provide broad opportunities for flash loans usage. Together with Oddz, Equalizer will implement flash loans into the traditional financial instruments market through options contracts, conditional trades, and futures. This will make Equalizer the absolute pioneer in the combination of these opportunities, as no other project on the market has ever successfully implemented such a solution before. By leveraging the multi-chain infrastructure of both platforms, both projects will be acquiring unlimited space for development.
“We are going to create a new type of integrated service, where flash loans play a very important role. Oddz will provide a safe and intuitive area for using derivatives and we will implement flash loans. Due to this integration, users will be able to get a bigger profit, with lower risks”, said Iulian Nita, Project Lead at Equalizer.
The partnership opens new perspectives for each of the projects and for the industry as a whole, providing market participants with broader opportunities for loan management.
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.
It employs the synergies of Ethereum, Binance Smart Chain, and Polkadot 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.
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About Equalizer
Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand for decentralized lending and borrowing, boosting the trading volumes of any listed asset. It offers top benefits over popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and multi-chain capabilities. Equalizer enables profitable trading strategies for arbitrage, liquidations, portfolio rebalancing and collateral swapping.
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