OddzToken

What is ODDZ and how Does It Work?

Oddz allows traders to partake in custom options trading and seize rewards employing layer 2 solutions and relay networks which are designed to reduce latency and lessen transaction costs on Ethereum. The platform features a prediction environment where traders can select from numerous tokens and make forecasts. The aim of Oddz is to improve understanding of important metrics and enhancing real-time premium calculations. It contributes towards the initiation, maintenance, administration, and culmination of non-reliance based option contracts as well as conditional token agreements using its protocol. The goal is to deliver user-friendly features to traders and streamline derivatives trading to elevate the user experience. Oddz has created its own Oracle that gathers immediate data for fluid trading, compatible with a variety of chains including BNB Smart Chain, Polkadot, and Polygon. Addressing governance, Oddz operates via a decentralized mechanism for traders to engage in key protocol proposals and improvements. Oddz has its own tokens, ODDZ, which are part of the Ethereum ERC20 token network. The platform strives toward surpassing the technical constraints of chain option trading. They have also established the protocol on the BNB Smart Chain to accommodate market fluctuation and to facilitate expedited trading at reduced transaction fees. Presently, Oddz operates as a personalizable option trading platform with eyes on future growth of its protocol and Oracle.

The Vision and Mission Behind ODDZ

The ODDZ team is comprised of various team members who bring a collection of skills to the table. This includes the founder and CEO, Aishwarya Shivakumar, who holds social media expertise along with knowledge in electrical, electronics, and communications engineering. Shreedhar Shreenivasa, the co-founder and CTO, possesses software development abilities, garnered through experience with large scale companies. Bhargav Kacharla, a senior software engineer, adds to the team's blockchain knowledge, gained through working with prominent names like Rakuten and Tata Consultancy Services. Kantharaju Gowda operates as the chief business development officer, applying insights from his prior professional engagements at Bounce and RCube.

The ODDZ Chain, currently being developed, aims to support the project's user-centric approach. Moreover, the mission of the ODDZ system is to address an unfulfilled demand in the derivatives market by offering a custom-made solution. Through a partner program, they encourage contribution, which aids in progressing the ODDZ environment.

How to Buy and Store ODDZ?

To purchase ODDZ, Flooz.xyz offers a streamlined process. Traders can easily buy ODDZ through Flooz.xyz, eliminating the need to own a wallet. With a tap tap go approach, Flooz.xyz provides a one-stop solution for buying this token, supporting all payment methods. But that's not all. Using Flooz self-custodial web wallet, you can seamlessly store, send, and receive ODDZ tokens. Creating a wallet is a breeze, taking just a few seconds with your email, Google, or Apple ID. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. Furthermore, by aggregating over 50+ providers, Flooz.xyz ensures the fastest and cheapest payment routes for your trades. Rest assured, your funds are always under your control, thanks to the power of cryptography. So why wait? Start trading ODDZ on Flooz.xyz today and experience the convenience and security of a comprehensive trading platform.

ODDZ Metrics:

• Current price: $0.0072

• Market cap: $641.96 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0

Exploring ODDZ Financial Mechanics

Oddz is a multi-chain derivatives trading protocol that operates on BNB Smart Chain, Polkadot, Polygon, and Ethereum. The platform accommodates quick execution of options contracts, conditional trades, and futures. It includes a goal to encourage fluidity providers to bolster sufficient liquidity for trading. Oddz is contemplating a proposition to roll out its own unique blockchain based on the Cosmos SDK and Tendermint consensus to aid cross-chain and derivative market trading.

Oddz introduces a no gas fees model for options trading and incorporates distinct strategies to facilitate trades. There's an opportunity to participate in options trading via the Oddz interface, which comes with a decentralized exchange (DEX) package. The platform's technical infrastructure helps facilitate trades involving smaller amounts and fractional tokens.

The ODDZ token is the primary utility token of the ecosystem and operates as the central incentive and governance entity. It has multiple applications including for handling of transaction fees, staking for yield farming, decentralized governance and referral benefits. ODDZ tokens can be staked to expedite agreements and accrue a part of the settlement fee.

Oddz is compatible with numerous chains for options trading on BNB Smart Chain, Polkadot, and Ethereum. The functionality includes tools like perpetuals, prediction markets, a money manager, and fractional trades. The functionality of the ODDZ token in power staking, bonding, and governance requires further exploration. The platform aspires to simplify options trading and augment user experience in the decentralized finance environment. It enables creation, maintenance, execution, and settlement of option contracts and conditional token agreements, and has proprietary oracle access to real-time market data.

The Oddz protocol includes a detailed calculation for options premiums and advances high yields for those who choose to stake ODDZ tokens. Options customization and custom option writers are also available on the platform. An integrated Oddz DEX is incorporated into the protocol for options trading.

The project is currently in the testnet phase with future plans under development by the team to create a comprehensive ecosystem encompassing a built-in oracle, straightforward options trading, and potential benefits for staking and liquidity mining.

Advanced Insights: Mining and Ecosystem

ODDZ is a platform, functioning on Ethereum, BNB Smart Chain, and Polkadot, that offers decentralized options trading and issuance. The core token, ODDZ, has multiple roles within the system. It serves as a governance token, a staking tool, and a medium for transaction execution. The platform's mechanic allows direct participation in the decision-making process. Moreover, through blockchain, the token enables more efficient transactions, with additional staking involvement also possible. It allows your engagement in staking your ODDZ tokens and involvement in yield farming programs. Moreover, the blockchain interoperability of ODDZ supports the transfer of the token across various chains, making it adaptable to your needs and offering choices.