Advanced DeFi Opportunities And Risk Management for Elrond Assets: Decentralized Call And Put Options Via Antimatter

Daniel Serb
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Jun 29, 2021
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2 min read
https://antimatter.finance/

We have started working 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.

Antimatter is a permissionless 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.

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

“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.” said Beniamin Mincu, Elrond Network CEO.
“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.” said Antimatter exec, role.

About Elrond

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. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

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.

https://antimatter.finance/


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Written by
Daniel Serb
Opening doors to innovation. Head of BD at Elrond.