AscendEX to List Divergence Token (DIVER)

On September 23, 2021, at 1 p.m. UTC AscendEX will list the Divergence token (DIVER) under the trading pair USDT/DIVER.

To celebrate the listing (under the pair USDT/DIVER), AscendEX and the Divergence team are pairing up to launch a number of limited-time promotional evenimente between 1:00 a.m. UTC, on September 24 and 12:00 a.m. UTC, on October 1, 2021. These events will offer users the chance to share 90,000 USDT worth of pooled rewards.

Divergență is a decentralized platform built for hedging and trading DeFi-native asset volatilitate with an AMM-based marketplace, trading synthetic binary options. Currently, there’s a lack of practical, easy-to-use solutions for trading and hedging volatility of assets that exist on the different layers of DEFI applications with exposure to multiple sources of risk. 

Volatility derivatives and options products are a significant sector in traditional finance, yet they are still in their early stages when it comes to cryptocurrency markets. Derivative products have a high technical entry barrier for retail users, especially for products like options. Divergence has started by offering binary options which have relatively easy-to-understand mechanisms and a binary payoff.  

A key feature of the Divergence user experience is the simplicity of option composability. Options markets on the Divergence platform can be created at strike prices and expiration cycles of choice, using any fungible token, including DEFI assets issued by other protocols. The platform features a one-step seeding and minting process, meaning that users don’t need to mint a derivative token prior to allocating funds to a seed pool, minimizing fees for traders.

Divergence has also focused on Capital Efficiency. Only one collateral unit is required to write a binary call or put for a pool with no need for over-collateralization. Once a pool is created, the same collateral is used when it is time to buy or sell options. The smart contract reserves max claims for collateral, providing LPs the flexibility of withdrawing capital before expiry.

When it comes to managing price risk, existing decentralized contracte futures and perpetual products offer linear risk exposures for a limited number of major assets. Options, as a less-developed product, can provide a non-linear risk-reward structure. This allows options traders to build leveraged positions in assets at a lower cost than making a traditional transaction. 

​​The DIVER token is a transferable representation of the governance and utility functions specified in the Divergence platform. DIVER allows holders to propose and vote in on-chain governance proposals to determine future features and parameters of the Divergence platform. Divergence Staking contracts are used to provide a higher yield to long-term holders of DIVER tokens. Divergence will periodically share various types of token rewards amongst the stakers and governance token holders.

AscendEX’s listing of Divergence exhibits its strong support for DeFi projects designed to accommodate new retail users and professional traders alike. Divergence’s commitment to a simplified user experience for a very technical product offering is exactly the type of project that AscendEX aims to partner with to open up new retail markets in the crypto space.

Despre AscendEX 

AscendEX este o platformă financiară criptomonedă globală, cu o suită de produse cuprinzătoare, inclusiv loc, margine, and futures trading, portofel servicii și trasarea suport pentru peste 150 de proiecte blockchain precum Bitcoin, Etheruem și Ripple. Lansat în 2018, AscendEX oferă peste 1 milion de clienți retail și instituționali la nivel global, cu o platformă de tranzacționare extrem de lichidă și soluții de custodie sigură. 

AscendEX a apărut ca o platformă lider de ROI în „ofertele sale inițiale de schimb”, susținând unele dintre cele mai inovatoare proiecte ale industriei din ecosistemul DeFi, cum ar fi Thorchain, xDai Stake și Serum. Utilizatorii AscendEX primesc acces exclusiv la token-uri și posibilitatea de a cumpăra jetoane în cel mai devreme stadiu posibil.

Pentru a afla mai multe despre cum AscendEX folosește cele mai bune practici atât de pe Wall Street, cât și din ecosistemul criptomonedei pentru a aduce cele mai bune monede alternative utilizatorilor săi, vă rugăm să vizitați .

Pentru mai multe informații și actualizări, vă rugăm să vizitați , Twitter, Mediu, Sau Telegramă.

Despre divergenta

Divergence is a decentralized platform for hedging and trading DeFi-native asset volatility, with its flagship product being an AMM-based marketplace that trades synthetic binary options.  Derivative products have a relatively high technical entry barrier for retail users, especially for products like options. Divergence has started by offering binary options which have relatively easy-to-understand mechanisms and a binary payoff.  

Pentru mai multe informații și actualizări, vizitați , Twitter, Telegramă, Sau Discordie.