What is Oddz?
Oddz is a multi-chain options trading platform for Binance Smart Chan (BSC), Polkadot, and Ethereum network, allowing users to trade customized options while earning rewards and incentives. Oddz provides a seamless on-chain options trading solution with in-built Oracle solution, enabling users to make informed trading decisions based on reliable data compiled from trusted sources. Oddz Protocol offers transparent premium calculations and low gas fees, allowing users to choose from multiple premiums based on their requirements. Users can earn rewards for providing liquidity to the ERC-20 ODDZ LP pool, with additional incentives for staking ODDZ token as a data curator. ODDZ token is also used for community governance to vote on proposals, to reward users a share of settlement fees, to provide discounts on transaction fees, and to reward users for referrals. Oddz offers diversified options premiums with support for Leverage and Hedge trading, allowing users to set call and put options to buy or sell assets at specified prices and times. Users can also create and trade Conditional Tokens to quantify any real world events that will have a definite outcome (political, geographical, sports etc.). Oddz also allows users to perpetual trade long or short by creating and trading Leverage Tokens with transparent pricing and high liquidity to represent underlying crypto asset. Oddz can be utilized as a blockchain agnostic protocol allowing DApps to enhance user experience by providing reliable market data to decentralized finance applications.
