Propel and Oddz Finance form a Strategic Partnership
We have yet another partner, this time, it’s Oddz Finance!
Propel, the all-in-one multi-blockchain infrastructure provider, has entered into a strategic partnership with Oddz Finance, the world’s first on-chain options trading and financial metaverse platform. The collaboration between these two multi-chain players will enable Oddz to integrate Propel’s DeFi-as-a-Service (DaaS) and Metaverse-as-a-Service (MaaS) solutions to its platform.
Multichain Options Trading with Oracle Network Built In
A promising DeFi project, Oddz Finance is the world’s first on-chain options trading platform with an in-built oracle solution. Currently available on Binance Smart Chain and Polygon Network, Oddz will soon expand to other blockchains, including Ethereum, Polkadot, Avalanche, and Solana. With its solution, the Oddz Protocol aims to solve transparency issues concerning premium calculations, high gas fees, inadequate liquidity, and dependencies on option writers and external oracle aggregators that are currently affecting the on-chain trading ecosystem.
The Oddz ecosystem offers a scalable network capable of supporting a high degree of personalization, transparency, and incentivization. Users can trade a variety of derivative products on the platform and create their own conditional and perpetual tokens while participating in yield generation activities like staking and liquidity mining.
Apart from offering flexible options and perpetual trading facilities, the Oddz protocol also provides blockchain agnostic trading and oracle solutions that can be readily integrated into other dApps. Meanwhile, in another first, Oddz is also in the process of creating the world’s first financial metaverse — Oddzverse, where the Oddz community can come together to socialize and engage in productive discussions on trading strategies, social trading, copy trading, etc.
Propel DaaS and Maas at Oddz’ Service
As a leading blockchain infrastructure solutions provider, Propel will be offering its DeFi-as-a-Service and Metaverse-as-a-Service modules to enable Oddz to build its entire ecosystem, including the Oddzverse. The DeFi infrastructure solutions offered to Oddz include cross-chain bridges, staking and LP staking contracts for the project’s native $ODDZ tokens, and other customized smart contract solutions to enable various features, including conditional tokens and options and futures contracts, and more.
Meanwhile, the Smart Verse Contracts, GameFi, and NFT utilities from Propel’s MaaS will shape the Oddzverse to offer an immersive and rewarding experience to the Oddz Community. The partnership with Propel will enable Oddz Finance to cut down on the development time and add new features in quick succession. It will also leave room for Oddz to extend Propel’s services to all the dApps that sign up to use its oracle and trading infrastructure.
Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multichain capabilities.
Propel holds the distinction of being the only provider offering DaaS, MaaS, and Staking solutions under a single umbrella.
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