The past months have been incredible for the DeFi space as a whole — it’s almost impossible to keep up with all the new innovations and opportunities popping up. Overall we have seen increased demand for DeFi transactions and increased attention to what is happening in the space. Great news!
For Opium, June and July have been some incredibly productive months ⚡ Let’s consider some of our top achievements, as well as some updates on what we are working on right now.
Traders could speculate on the future value of governance and liquidity mining tokens such as $COMP, $BAL, $BZRX and $YFI on Opium Exchange!
Based on our expertise on derivatives, we have selected ZEPOs as the most effective financial instruments for these pre-markets. ZEPOs are call options with the strike price set at zero. What’s cool about ZEPOs is that they replicate the price of their underlying asset. To learn more about ZEPOs, refer to these previous articles:
We have been featured in various articles, comparisons and interviews. Some notable examples:
Feel free to reach out if you are interested in writing about Opium, or want to feature us for your podcast/platform/community!
Ever since launching our first products built on Opium Exchange, we have organically grown our online community of individuals and organizations that are passionate about finance and DeFi. We have recently welcomed our 400th Telegram community member and our Twitter follower base has nearly reached 800 accounts!
Join us on Telegram and follow us on Twitter!
Our development team has been steadily working at making our products better. Besides multiple bug fixes and usability improvements, we have also implemented a new feature: Payout charts on the Opium Exchange. Traders can now determine their potential payout in mere seconds without searching for it.
We are constantly looking for feedback to improve our products. Reach out or hit the “Send Feedback” button on the bottom-right at Opium Exchange to share any feedback!
Almost a month ago, Francis Bacon led Sotheby’s marquee auction. The large-format Triptych Inspired by the Oresteia of Aeschylus fetched $74 million. The Art Exchange founder Andrey Belyakov made a 100-dollar wager that the artwork will sell above $70 million and earned 21% of his nominal.
You as well can try your luck and test your market acumen on another rare collectible — Michael Jordan Game-Worn and Player Exclusive Sneaker Rarities.
The lot is listed on The Art Exchange platform, and you can make a future contract with as much or as little money as you want.
Opium Team is currently focussed on the following activities that will bring us to the next stage:
- Working on layer 2 scalability solutions for Opium Exchange
- Testing token mechanisms designs for Opium Protocol
- Implementing connectors and strategies for HummingBot for onboarding market makers
- Collaborating with two external teams who are building their product on Opium Protocol