Contrast Finance
@ContrastFinance
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Discover Contrast Finance, an intuitive and efficient peer-to-peer digital options dex on Arbitrum, offering competitive rates for a smooth trading experience.
discord.gg/contrastfinance
Joined February 2023
We want to thank everybody who tested our app so far. To reward our early supporters, we are preparing a special POAP for everybody who used our testnet app until August 31st. Join our Discord to get instant access to our app and secure your POAP:
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How to get Discord Invites:. 1) Quote Tweet our future tweets and write the opposite.2) Wait for a DM from us. Access to our discord = Access to our beta testnet.
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1/ Today, we're discussing Binary Option DEXes - a field ripe with opportunities but also facing a few roadblocks. If you've engaged in this type of trading, you're probably familiar with these challenges. 🧵👇
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Exciting news!. Contrast's documentation is now live. Check it out on 📈. Next step: Testnet Launch! 🔥. Join our Discord for early access:
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⌛️Reminder: 30 hours left to try our testnet app and receive a special POAP. Secure your reward and join our Discord now for instant access:
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1/ Today, we address a crucial issue affecting DeFi option DEXes - the problem of scattered and limited liquidity. 🧵👇
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Batch of invites will be sent in 13hrs to those who have been QTing our posts & following directions. If you feel you haven’t been noticed just increase consistency.
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The testnet app of our Digital Options Dex is live on @arbitrum Goerli! Join our Discord to get instant access:
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Contrast Finance is a decentralized finance (DeFi) protocol that offers binary options trading infrastructure. It brings binary options on-chain through a novel and fully decentralized player versus player architecture.
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Would you be interested in beta-testing our protocol?.
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I’m so excited to 200x my net worth, only to get to greedy, not sell anything at the top and watch it all crumble down by 80% (again).
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A few more invites for early access. Better be fast 👇
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26% of you are 🧢 🧢 🧢.
Contrast Discord Invites are hard to get.
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What is your top priority when it comes to trading binary options?.
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We are participating in the first: . PUBLIC GLOBAL MARKET . few understand this.
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teams that didnt want to launch a token a few hours ago drastically changing stance.
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If you have <$1mn it's now time to pay attention to small caps, in a bullish environment small caps rapidly multiply . be early, be quick and dont get emotional on exits, it's the only proper way to compound your money to financial freedom . good luck.
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Obviously, have DMs open and follow us on Twitter. :).
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5/ But we at Contrast Finance are working to rectify these issues. Our solution? Peer-to-peer binary option vaults. It's a novel system designed to streamline your trading process.
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3/ Another difficulty is scattered liquidity. Imagine a marketplace where buyers and sellers are dispersed, making it harder for you to get the best prices. Additionally, platforms use high spreads on concentrated liquidity pools to compensate their counterparty risks.
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6/ Here's how it works: You deposit your money (in stablecoins) into the vault, choose a strike price, and select a duration. After the deposit period ends, your funds, as well as those of the other trader, get locked until the duration expires.
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7/ What happens next? Once the duration is over, the vault pays out to the winning side. The unique part about us at Contrast Finance is we don't profit when traders lose. We stay neutral and let the market decide the ROI on any vault.
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4/ Furthermore, there are situations where the platform or 'house' profits only when traders lose. Unfair? We think so too.
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8/ Additionally, you can enter any vault with size without being exposed to high spreads. Contrast is the first DeFi protocol to solve this issue effectively. And the icing on the cake: our fees are significantly lower, up to 80% cheaper than other protocols.
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2/ The first obstacle? Enormous fees. Some platforms charge up to a staggering 35%! That means a substantial part of your earnings might be siphoned off by the platform itself.
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9/ How can I join the action? Follow @ContrastFinance for the latest updates. Our Discord is not open to the public yet, so stay on alert for our tweets! The following invitation is only valid for a small batch of new users, so hurry up!.
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Contrast Finance is a decentralized finance (DeFi) protocol that offers binary options trading infrastructure. It brings binary options on-chain through a novel and fully decentralized player versus player architecture.
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yah bro, because if the Bitcoin ETF gets approved, then the Grayscale Bitcoin Trust can convert . and that opens the door for all of the dog shit trusts to also convert, which then opens the door to anything getting an ETF.
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follow me for more tips on how to make money online.
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if degen spartan really called a 36 month defi/eth pairs bear market & it ends on the pico 36th month w/ og snx starting a rally dude is defo a time traveler.
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4/ However, Contrast Finance offers a solution through its innovative concept of Peer-to-Peer Option Vaults. These vaults empower all participants to engage in option trades on Contrast without worrying about slippage or excessive spreads.
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Worst trader I know is currently in my dms trying to convince me he's profitable.
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2/ The main challenge arises due to liquidity fragmentation, where buyers and sellers are spread across various platforms and chains. This makes it difficult to access low spreads and fees for trades.
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5/ The Return on Investment (ROI) and pricing of trades are determined by the open market, ensuring a fair and impartial trading environment. Importantly, Contrast Finance acts as a neutral facilitator, with fellow traders serving as the counterparty on each side of the trade.
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6/ For more project updates, follow @ContrastFinance on Twitter and join our Discord for early DEX access (invitation link is limited in time and count, so be fast)! 👇
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The most difficult part now will be overcoming your ptsd . new cycle participants will enter and at the peak have the same over confidence bc they’ll only know up only.
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Exciting news: Our peer-to-peer binary option vaults will bring you the best of both worlds - enjoy unparalleled low fees and the flexibility to enter with any size! Soon available on @arbitrum and mainnet.
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Unlike traditional binary options with fixed payouts per contract, the payoff is instead a function of liquidity provided at a particular strike price given the outcome of a true or false statement.
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3/ Due to the use of concentrated liquidity pools by option DEXes, significant spreads are generated, necessitating the need to hedge for trader Profit and Loss (P&L) risk. Consequently, traders encounter obstacles when attempting to execute larger option trades.
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