Divergence lists on AscendEX - AMBCrypto


On Sept. 23 at 1 p.m. UTC AscendEX will record the Divergence token (DIVER) beneath the buying and selling pair USDT/DIVER. To have fun the itemizing, AscendEX and the Divergence staff are pairing as much as launch a lot of limited-time promotional occasions between 1:00 a.m. UTC, on Sept. 24 and 12:00 a.m. UTC, on Oct. 1, 2021. These occasions will supply customers the prospect to share 90,000 USDT price of pooled rewards.

Divergence is a decentralized platform constructed for hedging and buying and selling DeFi-native asset volatility with an AMM-based market, buying and selling artificial binary choices. Presently, there’s an absence of sensible, easy-to-use options for buying and selling and hedging volatility of property that exist on the completely different layers of DeFi functions with publicity to a number of sources of danger. 

Volatility derivatives and choices merchandise are a big sector in conventional finance, but they’re nonetheless of their early phases in the case of crypto markets. Spinoff merchandise have a excessive technical entry barrier for retail customers, particularly for merchandise like choices. Divergence has began by providing binary choices which have comparatively easy-to-understand mechanisms and a binary payoff.  

A key function of the Divergence person expertise is the simplicity of choice composability. Choices markets on Divergence platform could be created at strike costs and expiration cycles of selection, utilizing any fungible token, together with DeFi property issued by different protocols. The platform encompasses a one-step seeding and minting course of, which means that customers don’t have to mint a by-product token previous to allocating funds to a seed pool, minimizing charges for merchants.

Divergence has additionally centered on Capital Effectivity. Just one collateral unit is required to jot down a binary name or put for a pool without having for over-collateralization. As soon as a pool is created, the identical collateral is used when it’s time to purchase or promote choices. The sensible contract reserves max claims for collateral, offering LPs the pliability of withdrawing capital earlier than expiry.

Relating to managing worth danger, current decentralized futures and perpetual merchandise supply linear danger exposures for a restricted variety of main property. Choices, as a less-developed product, can present a non-linear risk-reward construction. This enables choices merchants to construct leveraged positions in property at a decrease value than making a conventional transaction. 

​​The DIVER token is a transferable illustration of the governance and utility features specified within the Divergence platform. DIVER permits holders to suggest and vote in on-chain governance proposals to find out future options and parameters of the Divergence platform. Divergence Staking contracts are used to supply a better yield to long-term holders of DIVER tokens. Divergence will periodically share varied kinds of token rewards amongst the stakers and governance token holders.

AscendEX’s itemizing of Divergence reveals their sturdy help for DeFi tasks designed to accommodate new retail customers {and professional} merchants alike. Divergence’s dedication to a simplified person expertise for a really technical product providing is strictly the kind of challenge that AscendEX goals to companion with to open up new retail markets within the crypto house.

About AscendEX 

AscendEX is a worldwide cryptocurrency monetary platform with a complete product suite together with spot, margin, and futures buying and selling, pockets providers, and staking help for over 150 blockchain tasks corresponding to bitcoin, ether, and ripple. Launched in 2018, AscendEX providers over 1 million retail and institutional shoppers globally with a extremely liquid buying and selling platform and safe custody options. 

AscendEX has emerged as a number one platform by ROI on its “preliminary alternate choices” by supporting a few of the business’s most revolutionary tasks from the DeFi ecosystem corresponding to Thorchain, xDai Stake, and Serum.  AscendEX customers obtain unique entry to token airdrops and the flexibility to buy tokens on the earliest attainable stage. To be taught extra about how AscendEX is leveraging greatest practices from each Wall Avenue and the cryptocurrency ecosystem to carry one of the best altcoins to its customers, please go to www.AscendEX.com.

For extra info and updates, please go to:

Web site: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Divergence

Divergence is a decentralized platform for hedging and buying and selling DeFi-native asset volatility, with its flagship product being an AMM-based market that trades artificial binary choices.  Spinoff merchandise have a comparatively excessive technical entry barrier for retail customers, particularly for merchandise like choices. Divergence has began by providing binary choices which have comparatively easy-to-understand mechanisms and a binary payoff.  

For extra info and updates, please go to:

Web site: https://www.divergence-protocol.com/ 

Twitter: https://twitter.com/divergencedefi

Telegram: https://t.me/divergenceprotocol

Discord: https://discord.com/invite/v96fhsPfRa

Disclaimer: This can be a paid publish and shouldn’t be handled as information/recommendation.





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