octopus-protocol logo download PNG or SVG

Information about octopus-protocol

The Octopus Protocol is a platform that allows users to create, exchange, settle, and manage synthetic assets, giving them exposure to real-world assets like commodities, stocks, bonds, gold, and cryptocurrencies. It offers a comprehensive ecosystem that combines various products, enabling users to engage with synthetic assets all on one platform. This ecosystem also allows users to benefit from the creation of synthetic assets, including decentralized derivatives trading and portfolio management. The founders of Octopus Protocol are Obaid Bin Touq and Monk. Obaid Bin Touq is a successful businessman in Dubai UAE, while Monk is a software developer with expertise in blockchain projects. Octopus Protocol stands out by utilizing the Binance Smart Chain (BSC) blockchain network, making it one of the first projects to use BSC for building a synthetic assets protocol. This advantage has attracted leading investors and technological partners. Additionally, Octopus Protocol offers an affordable solution for decentralized derivatives trading, as its architecture reduces the need for high collateral.

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