19 Sep Antimatter Finance Review (MATTER) [On-chain DeFi Derivative Protocol]
MATTER is a decentralized protocol for on-chain derivatives that enables anyone to create and trade custom financial instruments. This allows users to hedge against price volatility, speculate on the future value of assets, and hedge against currency fluctuations.
The antimatter bsc is a decentralized on-chain DeFi derivative protocol that uses blockchain technology to enable trading of financial instruments.
One of the most serious problems in the realm of decentralized finance (DeFi) right now – and one of the main reasons why more people aren’t utilizing it – is its simplicity of use. Even opening a DeFi program on your web browser may be frightening, especially if you have no idea what you’re doing or what any of the buttons accomplish. We’ll look at one platform that’s attempting to alter that in today’s Antimatter Finance review.
Complex financial software and apps aren’t really new, since utilizing a Bloomberg Terminal isn’t exactly a simple task. However, with decentralized finance, you’re entering an uncontrolled area where money may vanish in an instant, even if it’s due to an innocent error, which may deter some individuals who would otherwise be interested. Antimatter Finance aims to address all of these issues with its own platform, allowing even infants to begin utilizing DeFi.
Think of Antimatter Finance as the Uniswap for more sophisticated and professional financial products that Wall Street’s big boys and girls would only dare to dabble with, as their website puts it (like trading options or derivatives). You don’t have to force yourself to trade on a centralized exchange using Antimatter Money, and you don’t need a Ph.D. to understand how decentralized finance works. So, keep reading to find out how Antimatter Finance may help DeFi improve.
What Is MATTER (Antimatter Finance)?
Antimatter Financial is one of the more recent decentralized finance protocols, with its original idea being floated around the middle of February 2021. It was created by Jack Lu and Robert Hu, who both have a lot of expertise in decentralized finance-related apps and services. Bounce Finance was founded by Jack Lu, while Helmet Insure and UU Finance were founded by Robert Hu.
Antimatter Finance touts itself as a “novel and ingeniously lightweight DeFi protocol intended for on-chain and cross-chain activities, primarily using perpetual options and the idea of a polarised token mechanism.” Their aim is to address the problem of developing and executing sophisticated long and short trading strategies, which may be challenging on existing DeFi platforms, particularly for users with little technical knowledge.
They aim to develop a DeFi protocol that is simple and easy to use, and that can be readily scaled up for widespread use, with its first launch scheduled not long after authoring this Antimatter Finance review. Every additional financial product Antimatter plans to create in the next months will have this as its first goal. The first Antimatter-built financial product, a perpetual ETH (Ethereum) put option, will be live before April 1st, 2021.
Who are the proponents of antimatter finance?
Antimatter completed a $150,000 initial financing round in late 2020, not long after its first public idea reveal, backed by NGC Ventures, Spark Digital, and Monday Capital. We’ll go into the tokenomics in more detail later, but Antimatter Finance’s initial financing round saw them distribute 8.15 million MATTER cryptocurrency tokens – or 8.15 percent of the total token supply – at a price of $0.00184 per MATTER token.
Antimatter Finance had previously completed a token generation event (TGE) in early March, which was followed by an initial DEX offering (IDO) on a decentralized exchange (DEX) for a public sale, which was finished on February 27th, 2021, at the time of writing this Antimatter Finance review. In terms of the three businesses and institutions who participated in Antimatter Finance’s first seed financing round,
- NGC Ventures Is one of the biggest and most well-known institutional investors in blockchain and distributed ledger technologies, as well as a strong backer of several popular protocols today, including as Polkadot, Solana, Algorand, KuCoin, and others.
- Spark Digital is a research-focused cryptocurrency fund that has invested in the future of blockchain technology, focusing on building up blockchain projects for mainstream acceptance and supporting initiatives like 1inch, The Graph, and others.
- Monday Capital is a development-focused fund created and managed by engineers with an eye on interesting advancements in new and emerging technologies. They have a large portfolio of companies, including Hacker Noon, Stellar, Umbrella Network, Chainlink, and others.
What Is A Polarized Token Mechanism, and How Does It Work?
The development of polarised tokens is one of the most interesting things we’ve discovered while researching this Antimatter Finance study. In essence, it’s a new kind of financial instrument that can be enabled by Antimatter’s technology, allowing traders to obtain greater leverage and exposure from a certain option while also expanding secondary markets. In terms of how it works…
Positive (call) and negative (put) options, where traders may wager on options moving up (go long = bullish) or down (go short = bearish), are always included in an options product. The two forces will balance each other out and make the total of the two equal to a constant, which will be maintained by generating and burning tokens that represent both forces, according to Antimatter’s own formula. The simplest fundamental formula for antimatter is “Value(Long) + Value(Short) = C.”
What Are Polarized Tokens and How Do They Work?
As an illustration of this “First Antimatter Law,” we may look at Antimatter’s ETH($4,000) put option. The trader will get a pair of tokens – [+ETH] and [-ETH] to represent call and put options, respectively, after putting a specified amount of “C” collateral into the ETH($4,000) option. The quantity of [+ETH] in the market will always equal the amount of [-ETH], and traders may get out of the ETH($4,000) product by redeeming the “C” amount in USDT using [+ETH] and [-ETH] tokens.
Traders may also speculate on Ethereum market movements by trading [+ETH] and [-ETH] to acquire long (bullish) or short (bearish) exposure to its price. [+ETH] holders may receive financing fees from [-ETH] holders, as well as fees for preserving equilibrium. It also creates arbitrage possibilities on Antimatter Finance if the value of [+ETH] and [-ETH] tokens in their options is greater or lower than the collateral value of the constant ‘C.’
What Are The Fundamental Characteristics Of Antimatter Finance?
In our Antimatter Finance review, we can see that they are already making efforts to differentiate themselves from competing DeFi services. They not only provide a secure and user-friendly platform, but they also include a whole new way of exchanging financial goods in the form of polarized tokens. Antimatter, on the other hand, has more to give. Here are a few of the key elements on which their whole platform is based:
- The DeFi protocol, which is both innovative and intuitive, enables Antimatter users and traders to effortlessly execute a sophisticated combination of put and call strategies on-chain inside a completely decentralized platform.
- Antimatter’s auto-rebalancing polarised token system is a continuation of what we learnt previously. It allows you to automate financing, fee payouts, and rebalancing of your strategies and portfolios.
- Secondary market possibilities – Antimatter wants its products, which are very basic at their core, to be able to open up additional secondary markets for its traders, such as arbitrage, market making, and passive yield profits, in addition to just trading put and call options.
- Antimatter aims to develop its platform and financial products to be user-friendly, without any complications or small print, and ready for mass adoption, in order to address one of the major drawbacks of virtually every other competitive DeFi solution on the market today.
- Antimatter aspires to be self-sustaining in its operations, as a completely decentralized protocol, and will be controlled by its community (via MATTER tokens), as fees from goods and profits from its protocol will be utilized for MATTER buybacks.
- Antimatter’s goods are cross-chain interoperable, allowing them to be powered and traded on a variety of blockchains, including Ethereum, Polkadot, Binance Smart Chain, and others. The Antimatter Cross-Chain Bridge is one of their most recent additions, allowing MATTER cryptocurrency tokens (and others that will be added shortly) to be exchanged and bridged between the Ethereum, Binance Smart Chain (BSC), and Huobi ECO blockchains.
What Are MATTER Cryptocurrency Tokens from Antimatter Finance?
MATTER is the Antimatter Finance ecosystem’s main cryptocurrency token. It primarily serves as a utility token that may be obtained via staking, liquidity pool farming, governance, or voting incentives, as well as option generation, redemption, and provisioning into a liquidity pool. Users may also utilize MATTER cryptocurrencies to get discounts when paying protocol costs, which are charged for transactions, as well as for creating or redeeming choices.
According to CoinMarketCap statistics, one MATTER is worth $4.13 at the time of writing this Antimatter Finance review, and the price has been steadily rising since Antimatter’s public IDO on February 27th. There are now 9,396,333 MATTER tokens in circulation, with a total supply limit of 100,000,000 MATTER tokens. As a fully diluted market cap, it has a market capitalization of $38,825,082.52, or $413,193,967.88.
Antimatter Finance has previously received $150,000 in a seed financing round from three venture capital companies, as we mentioned earlier in our Antimatter Finance review. They’ve raised a total of $750,000 thus far, including $150,000 from the seed sale, $550,000 from a private sale to key investors, and $50,000 from a public sale through its first DEX offering (IDO). MATTER tokens are being used as a tool to assist with platform governance.
How Do Antimatter Finance’s MATTER Tokens Work With Tokenomics?
However, Antimatter Finance will gain greater use in the coming months, making MATTER tokens more valuable. OptionSwap is one example of how MATTER cryptocurrencies may be used beyond their present on-chain governance functions. Antimatter will create a trading platform for tokenized options once its on-chain options products are up and running, and MATTER coins will be the main platform currency for OptionSwap.
Following the lock-up periods for the early sales, the release of MATTER tokens will progressively ramp up after launch, with a steady token emission until 50 million MATTER tokens are issued. Antimatter Finance’s platform liquidity and network incentives will be maintained with the remaining 50 million MATTER. The latter may be obtained via a variety of different DeFi methods, including liquidity mining, mining rewards, staking, and others.
What Are the Antimatter Finance Roadmap Updates in the Future?
Antimatter Finance has yet to completely put its product on the market as of this review, but this is anticipated to happen very soon. As previously stated, their first product will be a perpetual ETH (Ethereum) put option, which will be available before April 1, 2021. Following that, as we previously said, they want to provide additional DeFi services and offerings for its future userbase to profit from and utilize, such as the launch of OptionSwap.
This includes extending their cross-chain services, and more protocols may use Antimatter’s ChainSwap to connect their tokens to other blockchains. Currently, their 2021 strategy focuses mostly on the launch and steady introduction of additional Antimatter alternatives items. Antimatter will provide polarised tokens in Q1 2021, which will comprise ETH and [-ETH] polarised token pairings, as well as a perpetual ETH put option.
Antimatter will provide additional perpetual options products for other tokens, such as Wrapped BTC, in Q2 2021. (WBTC). For those tokens, this covers both put and call options. Antimatter Finance has further ambitious plans for the third and fourth quarters of 2021 and beyond, including tokenized call and put option trading, the development of their decentralized on-chain governance, and a new platform where traders may build their own bespoke perpetual options.
Conclusion of the Review of Antimatter Finance
As we wrap up our Antimatter Finance assessment, we can’t help but be optimistic about the project’s future prospects. Antimatter’s first big challenge will undoubtedly be releasing their first financial products using their ground-breaking polarised tokens system. The response to that launch will be critical in determining how far and how quickly Antimatter can scale up from there, but given the current level of interest in the DeFi sector, we’re optimistic about their chances.
Decentralized finance is a forbidding landscape with high walls that outsiders are always attempting to climb. Even experienced mainstream traders will be perplexed by DeFi’s operation, particularly if they’re seeking for more sophisticated trading. Antimatter Finance, while being more of a niche in the DeFi market than some other players, does a good job of filling it with a platform that places empowering simplicity and comfort at the core of the new era of finance.
Antimatter Finance Review
- Values of the Project
- Model of Tokenomics
- Sustainability in the Long Run
- Antimatter’s platform and solutions are designed with user-friendliness in mind, such as the provision of auto rebalancing.
- Users and traders will benefit from additional monetizable trading and investing possibilities thanks to innovative new polarizing tokens (i.e arbitrage or farming).
- Antimatter’s goods and MATTER cryptocurrency tokens may be exchanged across various blockchains because to the protocol’s cross-chain compatibility.
- Continued innovation via the introduction of new services such as polarized token swapping or the creation of tokenized choices.
- Once their first financial product is out, they will face a lot of pressure and competition from competing DeFi protocols.
The chainswap is a decentralized exchange that allows users to swap between chains. It was created by the Antimatter Finance Review (MATTER) [On-chain DeFi Derivative Protocol] and has been in development since 2017.
- antimatter coingecko
- antimatter crypto
- antimatter airdrop
- antimatter medium
- antimatter tokenomics