NanoMatic, making decentralized options and trading a reality. Here are the characteristics of the project and direct access to its website.
NanoMatic is a deflationary Matic rewards token on the Binance Smart Chain, offering a state-of-the-art rewards distribution mechanism that provides users with 10% Matic rewards on both buys and sells.
The token will serve as the form of currency of OptDex, the first-ever decentralized options exchange.
NanoMatic is designed to serve as the form of currency for OptDex, allowing users to buy and sell calls and puts (longs and shorts) of their favorite cryptocurrencies using NanoMatic.
The platform will feature an escrow service that holds the users’ crypto who sells the covered calls or puts on the open market. The options will expire worthless unless exercised, resulting in the escrowed crypto being purchased at the strike price if in the money. With its state-of-the-art rewards distribution mechanism, this platform offers users an attractive incentive to use OptDex, increasing adoption and contributing to its success.
20% (2 Million)
20 Blacklisted Wallet Holders will hold 1% of the total supply each. These wallets were sold privately and will provide the initial liquidity pool. In exchange, each holder will accumulate Matic rewards but never be able to buy, sell, or transfer their tokens.
30% (3 Million)
The Portfolio Wallet will accumulate rewards for random Matic Giveaways, Buy Contests, as well as future exchange token funding. In addition, a portion of the NanoPortfolio rewards will be converted to Webull stock options trading platform. 100% of profits will be utilized for buy and burns of NanoMatic, creating an ever-rising price floor.
The First Ever Decentralized Options Exchange
Buy and sell both calls and puts (longs and shorts) of your favorite crypto using NanoMatic token. OptDex will feature an escrow service holding the users Crypto who sells the covered calls or puts on the open market. The options will expire worthless unless excercised, resulting in the escrowed crypto to be purchased at the strike price if ITM. More information regarding OptDex functionality will be released prior to launch-Think stock options, but decentralized, and for crypto.
NanoMatic is a deflationary Matic rewards token that will serve as the currency for OptDex, the first-ever decentralized options exchange.
The development process for NanoMatic and OptDex involves building a proof of concept, developing the smart contract, integrating with the blockchain, developing a user-friendly dApp interface, tokenization, DeFi integration, governance, cross-chain interoperability, and adoption.
The team is committed to continuing development and innovation.