# Join DeOrderBook's Open Beta By [DeOrderBook](https://paragraph.com/@deorderbook) · 2023-03-15 --- **Update as of 29 April, 2023** - Phase II of our Open Beta has [finally launched](https://bit.ly/44eLBp6)! If you’re new to DeOrderBook, please sign up [here](https://docs.google.com/forms/d/e/1FAIpQLSesWadgeRNrnqCfREqhN0EZWeETgicba7QIEVoyRZpMdn1wZA/viewform). We look forward to seeing you trade on our Open Beta to earn a chance for rewards upon our mainnet launch! * * * The big day is finally here... DeOrderBook, DeFi's first truly decentralized optionality protocol, is soft launching on the Goerli testnet **today**! ![Get ready to experience DeOrderBook for yourself!](https://storage.googleapis.com/papyrus_images/73c6d588527412957893091bf702eebeeb633ce00f3e17d3fca77075a5792aec.gif) Get ready to experience DeOrderBook for yourself! What is DeOrderBook? -------------------- ![A world of optionality opportunities, free of oracles and the vulnerability they represent.](https://storage.googleapis.com/papyrus_images/9513a0921588a6860ade63a1713613bae94d603e0a4001b481ce6883ed543a63.png) A world of optionality opportunities, free of oracles and the vulnerability they represent. **DeOrderBook** is an up-and-coming fully decentralized optionality protocol launching first on Ethereum with a yield-enhanced limit order use case for the Bitcoin market. Our protocol eventually aims to satisfy various risk appetites of spot, options, and derivatives traders while leveraging the attractiveness of DeFi to both retail and institutional finance actors. Sign Up for the Open Beta! -------------------------- To sign up for the DeOrderBook open beta, simply head to the sign-up link below: [ 🪐 DeOrderBook Open Beta Registration 🪐 ---------------------------------------- Welcome to Planet DeOrderBook! Thank you for your interest in participating in the DeOrderBook protocol open beta. Visit us at 👉: https://app.deorderbook.com/ Feel free to join our Discord server: Join our Discord Please fill in the below form so we can send you test tokens and get in touch with you! http://docs.google.com ![](https://storage.googleapis.com/papyrus_images/43a33f5ffd76cae900ceafc2b941a7630128e15a09be406e694f9668185948a7.png) ](https://forms.gle/CwnufntkZnvPcf1f9) The sign-up form includes a brief survey to help us understand our potential users, their level of investment and crypto experience, and their needs better. Once you've signed up, you can then: * **View the Open Beta Info Sheet** * This includes all the details for how to join the beta on the Goerli testnet, as well as a brief summary of how the protocol works. * View it here: [https://hackmd.io/@deorderbook/H1wQq8OJ3](https://hackmd.io/@deorderbook/H1wQq8OJ3) * **Join our Discord:** * This is where you'll be able to interact directly with our team and other users on the soft launch. Feel free to ask us anything you want: we want to hear from our users! * Join here: [https://discord.gg/yMBfbUmt95](https://discord.gg/yMBfbUmt95) Joining our soft launch will make you eligible for a bunch of perks during our upcoming mainnet launch: such as whitelisted NFT minting, a $DOB airdrop and a special Discord role. Enjoy the full freedom of getting to experiment with your trading strategies in peace... after all, it's just Monopoly money (for now)! ![Time to let your competitive spirit shine!](https://storage.googleapis.com/papyrus_images/9556ec6cd3064c5e10450c96eae087e68b069a3af439abad9028a49e11359a67.gif) Time to let your competitive spirit shine! That's all on top of having the unique opportunity to test one of the most unique protocols to arrive on the DeFi scene in a while. **Read on** to understand what makes us stand out from the pack... What makes DeOrderBook different? --------------------------------- DeOrderBook stands apart from its competitors in the [booming crypto derivatives space](https://www.coindesk.com/consensus-magazine/2022/12/23/defi-derivatives-trading-has-untapped-potential/) for three core reasons. **No Oracles, No Vulnerability** Combining decades of experience in blockchain as well as more traditional algorithmic trading, the DeOrderBook team has developed a protocol design that replaces the vulnerable oracle with a purpose-built and fully on-chain system of game theory and precision economics. **Real Yield backed by Real Assets** On top of its ironclad approach to security, the protocol gamifies the entire trading process and incentivizes users with real yield, backed by real assets. The DeOrderBook ecosystem has been precisely designed to ensure a circular system of value that rewards and incentivizes greater participation without the fluff or the hype. For example, our [revenue-sharing scheme](https://jumpcrypto.com/yield-farming-for-serious-people/) pays out in cold hard crypto instead of just in our own native token, $DOB. **Unmatched Capital Flexibility** In the spirit of offering users full freedom of movement when it comes to their funds: DeOrderBook allows users to unwind their limit orders at any time with no minimum lock-in period, provided they have the required collateral. Not having minimum lock-in periods in option pools makes a DeOrderBook investment more flexible than anything in TradFi, CeFi or even the majority of current DeFi protocols. * * * Follow us on Twitter at @DeOrderBook for our latest updates, or join our Discord below: [ Discord - Group Chat That's All Fun & Games ------------------------------------------- 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. https://discord.com ![](https://storage.googleapis.com/papyrus_images/fd5daf4cc4569214cd87e650d89285a0aac548020f1d6734eaffa8b0add2160e.png) ](https://discord.gg/f5kDvarwcX) --- *Originally published on [DeOrderBook](https://paragraph.com/@deorderbook/join-deorderbook-s-open-beta)*