Oddz Finance is a decentralized options trading platform built on the Ethereum blockchain. It aims to offer a comprehensive solution to trade and settle options across various decentralized finance (DeFi) protocols. By combining DeFi, blockchain, and options trading, Oddz Finance enables users to hedge their assets, leverage risk, and speculate on different DeFi protocols.
The native cryptocurrency of Oddz Finance is called ODDZ. It is an ERC-20 token that serves various purposes within the ecosystem. ODDZ token holders can participate in platform governance, stake their tokens for rewards, pay for trading fees, and access exclusive features.
With Oddz Finance, users can create and customize options contracts, defining their own terms, such as strike price, expiry date, and payout ratio. These options contracts can be based on a range of assets, including cryptocurrencies, enabling users to leverage their positions while managing their risk.
Built on Ethereum, Oddz Finance smart contracts ensure transparency, immutability, and security. The platform also incorporates Chainlink's oracle technology to provide reliable and accurate data feeds for pricing and settlement of options contracts.
As for the specific details of the token, such as its total supply, initial allocation, or market performance, this information may vary and should be consulted through reliable sources as it evolves over time.
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