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Topic: 🔥[ANN][BSC]Marmot Finance - Welcome to the New Paradigm to trade derivatives (Read 65 times)

newbie
Activity: 5
Merit: 0
Marmot Land will be alive tommorow. Stake liquidity to get free MARMOT tokens!
newbie
Activity: 5
Merit: 0

The New Thing
Derivative DEX is nothing new, but it is still an intensively innovative field in DEFI world. Marmot Finance, the universal protocol for all perpetual derivatives, wants to wants to create something new.

Perpetual derivatives are a collection of derivatives that has no expiration date. Perpetual swaps or Perpetual contracts is one of them (also the most popular one). Marmot Finance extends this field by providing innovative product of perpetual options and perpetual portfolios.

Marmot Finance will start with a fair-launch measure, with no pre-sale, no investor, and no pre-mine. Similar to many fair launch projects, we will reward various participants that help bootstrap our ecosystem. This will be the only way to earn MARMOT tokens.

Why Marmot Finance
Compared to other derivative DEXs, Marmot Fi. has following features.

  • For Crypto Natives
As a HODLer, our brave marmot has always been hoping that there is a platform that can natively use his favorite crypto as base currency. Some CEXs have such features but only available to very limited trading pairs.

Here at Marmot, we will support BTC/ETH/BNB and other cryptos. Users may choose any of them to trade or provide liquidity direct from their wallet. The best part of it is that, all your PNL will be automatic converted to your base crypto as well, so you may HODL more cryptos !

  • No-slippage Trading

Marmot likes trading, and hates slippage. So it introduced an third-party high-speed oracle, which can ensure the accuracy and real-time performance of the price feeds. Therefore, Marmot completely eliminates the slippage. For any trade, the oracle price is directly applied for the transaction.

  • Flexible liquidity-providing strategy

The existing DEX liquidity-providing strategy in the market has always been too simple and kind-of boring. It made individual investor take too much risk, but prevented professional market makers from participating.

Marmot wants something new. It provides a very flexible market-making strategy that has not yet seen before. LPs can place one fund at multiple trading pairs at the same time, and get the fee dividend of each trading pair. Moreover, LP may choose the trading direction of each trading pair.

For example, as a LP, Alice is bullish on BTC. She can choose to provide liquidity in the Sell-Only pool of BTCUSD. When the pool is oversold, i.e. short positions > long positions, Alice's fund will participate in market making. Meanwhile, Alice will passively hold BTCUSD long position.


Wanna be a marmot farmer?
Our perpetual swap products will be launched in Septmeber, 2021. Before that, we have launched the Marmot Land, the yield farming platform for Marmot Finance, which is to faciliate the fair launch of MARMOT tokens and boostrap liquidity for our incoming derivative DEX.

Check it out: https://app.marmot.exchange/

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