Since the last update of Moret project, lots of things have taken place in the crypto and DeFi space despite the overall challenging economic environment. Most excitingly for Moret, we have won the best DeFi application at Pit@Singapore by Polygon and Jump Crypto. https://twitter.com/jump_pit/status/1622684079421370368?s=20
We’ve also seen ourselves listed on DeFiLlama to further prove the protocol’s transparency and to show our competitiveness among peers.
For the immediate future, our roadmap has been updated here.
In the rest of March 2023, we will launch the 0DTE options which allow you to trade options expiring within 24 hours. This type of options have proved to be extremely popular in the stock market as it generates extreme profit or carry when your convictions on the prices play out. For example, you can pay a penny for a call or put option expiring within 12 hours if you expect extreme market movement on the cusp. Or, you could constantly collect huge time decay of option premiums by selling options with hours left to expire.
Many people have asked for more tokens to be added to our protocol apart from Bitcoin and Ethereum. Therefore we will add MATIC, the native token of Polygon, to our option offering very soon. This make sense as Moret runs purely on Polygon and MATIC has been one of the best performing tokens recently. There will also be at least one other token on offer alongside.
The leverage perpetuals have been running with 3 times leverage. We will launch a 2-time leverage perpetual very shortly. This will suit people with more moderate risk tolerance.
What you can’t miss is the following:
The first trading competition will take place. Moret tokens will be distributed to the top traders and liquidity providers after the competition. More details follow in due course.
In Q2, we will expect to announce the token launch of Moret. Sounds exciting? Follow us on our twitter, discord and telegram channels!
