DeOrderBookExplaining BULLETs
DeOrderBook is a next-gen, truly trustless optionality protocol that embodies the concept of ‘Trade to Earn’ by allowing users to profit simply by placing limit orders on the platform, fully leveraging their investment power.Placing a DeOrder requires users to mint HODL tokens from supported cryptocurrencies to use as collateral; before selecting a strike price and expiry date for their limit order.To place one of these limit orders, or ‘DeOrders’ as they are known within the protocol: users ...
DeOrderBookDeOrderBook: DeFi's Answer to TradFi's VIX
IntroductionCrypto markets are notorious for their extreme volatility, which can be both a blessing and a curse for investors. While some ride the waves of price fluctuations to make impressive gains, others shy away from the inherent risks, choosing to HODL and forgo potential profits. But what if there was a way to not only survive the waves of crypto volatility: but ride them like a pro?Overcome anything the crazy markets throw at you.This is where DeOrderBook comes in, offering a solution...
DeOrderBookDeOrderBook Roadmap V2
DeOrderBook - More Than Just HODL on ETH Check our website: http://www.deorderbook.com Dear DeOrderBook community, We are excited to update you on DeOrderBook’s latest roadmap and strategic plans for the coming months. The DeOrderBook team is working hard to develop into a comprehensive set of options yield products, committed to advancing the use of easy-to-use and simplified options arbitrage strategies to fully unlock the added value of various on-chain value assets. In this update, we wil...
🪐 A truly trustless optionality protocol that aims to decisively solve the problems of ponzinomic yield, oracles, and capital inefficiency
DeOrderBookExplaining BULLETs
DeOrderBook is a next-gen, truly trustless optionality protocol that embodies the concept of ‘Trade to Earn’ by allowing users to profit simply by placing limit orders on the platform, fully leveraging their investment power.Placing a DeOrder requires users to mint HODL tokens from supported cryptocurrencies to use as collateral; before selecting a strike price and expiry date for their limit order.To place one of these limit orders, or ‘DeOrders’ as they are known within the protocol: users ...
DeOrderBookDeOrderBook: DeFi's Answer to TradFi's VIX
IntroductionCrypto markets are notorious for their extreme volatility, which can be both a blessing and a curse for investors. While some ride the waves of price fluctuations to make impressive gains, others shy away from the inherent risks, choosing to HODL and forgo potential profits. But what if there was a way to not only survive the waves of crypto volatility: but ride them like a pro?Overcome anything the crazy markets throw at you.This is where DeOrderBook comes in, offering a solution...
DeOrderBookDeOrderBook Roadmap V2
DeOrderBook - More Than Just HODL on ETH Check our website: http://www.deorderbook.com Dear DeOrderBook community, We are excited to update you on DeOrderBook’s latest roadmap and strategic plans for the coming months. The DeOrderBook team is working hard to develop into a comprehensive set of options yield products, committed to advancing the use of easy-to-use and simplified options arbitrage strategies to fully unlock the added value of various on-chain value assets. In this update, we wil...
🪐 A truly trustless optionality protocol that aims to decisively solve the problems of ponzinomic yield, oracles, and capital inefficiency
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Cryptocurrency markets can be a wild ride, but DeOrderBook is here to revolutionize the DeFi space by offering a fresh take on decentralized trading. At the heart of this platform is the native governance utility token, $DOB.
In this article, we'll explore how the $DOB token brings a whole new world of earning opportunities to users; while also empowering users to take part in community governance with proportional voting rights.
How do you get your hands on $DOB? It's simple: place a DeOrder (the protocol’s version of limit orders) on the platform and start earning $DOB continuously until the DeOrder reaches its expiry date.
Rewards keep accumulating until the DeOrder reaches its expiry date. Users can make the most of these rewards by locking their $DOB tokens back onto the protocol for some enticing additional rewards as well as the chance to become an active part of the DeOrderBook community.
With $DOB in your possession, you become an integral member of the DeOrderBook community, participating in a decentralized autonomous organization (DAO) to collaboratively make decisions about the platform's future.
Moreover, $DOB can be leveraged to boost your earnings in several ways:
Trading on DEXs: Sell your $DOB on decentralized exchanges like Uniswap via liquidity pools.
Gerege NFT Levelling: All users can lock their $DOB onto the DeOrderBook platform to receive rewards, but their shares can be increased upon purchasing and levelling up a Gerege NFT.
We’ll have an incoming article soon that explains the Gerege NFT program and the advantages that holding this NFT will have for users!
When you lock your earned $DOB tokens back onto the DeOrderBook platform, you gain access to a share of the protocol’s revenue.
There are two elements to the DeOrderBook revenue-sharing program: with one part of rewards paid out in HODL tokens (which are the protocol’s collateral tokens) and another part of rewards paid out in BULLET tokens (tokens which represent the right to exercise limit orders on the platform).
What's in it for you?
As an eligible $DOB locker, you’ll receive a proportional share of the rewards pool. This rewards pool consists of 50% of all fees collected and 80% of BULLETs generated through DeOrders. However, only those that hold Gold Gerege NFTs under the Gerege NFT program (as mentioned above!) are eligible for BULLET claiming.
HODL tokens are hard assets that can be used within the DeOrderBook platform or redeemed for $WBTC and $USDC, providing true yield. Meanwhile, the $BULLETs you collect can be used for unwinding collateral, exercising options at a profit, or selling to other users at the BULLET Bazaar for additional yield.
With its unique earning potential, participation in platform governance, and a strong focus on community collaboration: $DOB sets DeOrderBook apart from other DeFi protocols. This powerful token opens up a world of opportunities for savvy DeFi users, revolutionizing the way they interact with the DeFi ecosystem.
So, are you ready to dive into the exciting world of DeOrderBook and $DOB? The future of DeFi awaits! Visit the DeOrderBook app and join the Open Beta now!
Stay tuned for more updates on our Twitter @DeOrderBook, or join our Discord below:
Discord is great for playing games and chilling with friends, or even building a worldwide community. Customize your own space to talk, play, and hang out.
Cryptocurrency markets can be a wild ride, but DeOrderBook is here to revolutionize the DeFi space by offering a fresh take on decentralized trading. At the heart of this platform is the native governance utility token, $DOB.
In this article, we'll explore how the $DOB token brings a whole new world of earning opportunities to users; while also empowering users to take part in community governance with proportional voting rights.
How do you get your hands on $DOB? It's simple: place a DeOrder (the protocol’s version of limit orders) on the platform and start earning $DOB continuously until the DeOrder reaches its expiry date.
Rewards keep accumulating until the DeOrder reaches its expiry date. Users can make the most of these rewards by locking their $DOB tokens back onto the protocol for some enticing additional rewards as well as the chance to become an active part of the DeOrderBook community.
With $DOB in your possession, you become an integral member of the DeOrderBook community, participating in a decentralized autonomous organization (DAO) to collaboratively make decisions about the platform's future.
Moreover, $DOB can be leveraged to boost your earnings in several ways:
Trading on DEXs: Sell your $DOB on decentralized exchanges like Uniswap via liquidity pools.
Gerege NFT Levelling: All users can lock their $DOB onto the DeOrderBook platform to receive rewards, but their shares can be increased upon purchasing and levelling up a Gerege NFT.
We’ll have an incoming article soon that explains the Gerege NFT program and the advantages that holding this NFT will have for users!
When you lock your earned $DOB tokens back onto the DeOrderBook platform, you gain access to a share of the protocol’s revenue.
There are two elements to the DeOrderBook revenue-sharing program: with one part of rewards paid out in HODL tokens (which are the protocol’s collateral tokens) and another part of rewards paid out in BULLET tokens (tokens which represent the right to exercise limit orders on the platform).
What's in it for you?
As an eligible $DOB locker, you’ll receive a proportional share of the rewards pool. This rewards pool consists of 50% of all fees collected and 80% of BULLETs generated through DeOrders. However, only those that hold Gold Gerege NFTs under the Gerege NFT program (as mentioned above!) are eligible for BULLET claiming.
HODL tokens are hard assets that can be used within the DeOrderBook platform or redeemed for $WBTC and $USDC, providing true yield. Meanwhile, the $BULLETs you collect can be used for unwinding collateral, exercising options at a profit, or selling to other users at the BULLET Bazaar for additional yield.
With its unique earning potential, participation in platform governance, and a strong focus on community collaboration: $DOB sets DeOrderBook apart from other DeFi protocols. This powerful token opens up a world of opportunities for savvy DeFi users, revolutionizing the way they interact with the DeFi ecosystem.
So, are you ready to dive into the exciting world of DeOrderBook and $DOB? The future of DeFi awaits! Visit the DeOrderBook app and join the Open Beta now!
Stay tuned for more updates on our Twitter @DeOrderBook, or join our Discord below:
Discord is great for playing games and chilling with friends, or even building a worldwide community. Customize your own space to talk, play, and hang out.
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