DeOrderBook - More Than Just HODL on ETH
Check our website: http://www.deorderbook.com
Dear DeOrderBook community,
We are excited to update you on DeOrderBook’s latest roadmap and strategic plans for the coming months. The DeOrderBook team is working hard to develop into a comprehensive set of options yield products, committed to advancing the use of easy-to-use and simplified options arbitrage strategies to fully unlock the added value of various on-chain value assets.
In this update, we will highlight our recent milestones, including the growth of the ecosystem and upcoming innovations, such as our upcoming launch of BTC V2, V1 products that support ETH and ETH restaking assets, and Earn products for users with low risk preferences. We will also share DeOrderBook’s decentralized governance plan and the corresponding ecosystem partner reward plan.
Keep moving!
DeOrderBook is built on a vision: offering user-friendly decentralized finance (DeFi) options that cater to diverse risk preferences. Our team comprises seasoned Wall Street option traders, DeFi product experts, and experienced crypto market makers.We have visionary backers, such as IMO Fund, Layered, FundV, early investors of Scroll Blockchain, and 1st-generation Bitcoin OGs.
In the past 1 year, we securely operated DeOrderBook BTC Pool with constant upgrading, serving more than 7.2 million usd TVL.
DeOrderBook BTC Pools is a fully decentralized Option Yield protocol based on the Ethereum blockchain, providing DeFi users with dual-investment services on the BTC market.
Long-term BTC holders can choose several buy low and sell high strategies recommended by the DOB professional team to realize yield BTC in DeFi manner.
The design that is not based on oracles makes the DOB product completely decentralized, which ensures that DOB has been running safely for two years since its release.
Next Moves
As DeOrderBook continues to expand the breadth and richness of our option yield products, we are excited to share the next phase of our development. Here are the key developments coming soon:
- DOB Website V2
We plan to launch DOB Website V2 in Q4 2024. In the new website, we will further optimize the user experience so that old and new users in the DEFI field and traditional financial users can quickly get started after entering the product and understand the operating structure, risk assessment and arbitrage strategies of all products.
At the same time, we will further support the access of more blockchain assets, including more Ethereum second-layer blockchains, such as Scroll.
- BTC pool V2 mainnet
BTC Pool is our flagship option yield product, which aims to assist users to buy low or sell high BTC in a decentralized manner by providing simplified option arbitrage strategies similar to dual-currency financial management, thereby realizing the appreciation of users' BTC and fully releasing the appreciation potential of BTC.
In BTC Pool V2, users will be able to clearly and intuitively see different trading strategies corresponding to different maturity times, as well as the possible benefits and risks of trading strategies, and trade and manage their orders more efficiently.
At the same time, as the BTC ecosystem continues to develop, BTC Pool V2 will also iterate more versions to support more other derivative BTC assets in the BTC ecosystem.
We will explain other updates in detail in the future.
- ETH pool V1 mainnet
BTC is good, but BTC DeFi is still early, so we move our eyes to ETH.
ETH has better DeFi ecosystem, more active Users, mature Infrastructure, our strategy is to
· Re-design an ETH friendly DeOrder Product
· Support Restaking/LRT underline assets, points, holders’ yield needs.
· Co-grow with ETH Ecosystem
We plan to launch ETH pool V1 mainnet in Q4 2024 or Q1 2025. ETH pool V1 mainnet will be a product similar to DeOrderBook BTC pool V2. It will provide users with options arbitrage strategies similar to dual-currency financial management using their own multi-chain ETH and ETH-derived restaked assets.
Due to the extremely mature ecosystem of ETH, ETH pool V1 will widely support multiple ETH second-layer blockchains, as well as various mainstream ETH restaking, derivative assets of LRT platforms, and provide users with more attractive options arbitrage strategies to help users increase the value of their assets and corresponding restaking points.
We will explain the details in detail later.
- DOB Earn ETH/BTC
At present, the BTC and ETH restaking ecosystems are very mature, and protocols such as Pendle have emerged that can help users lock in APY. This provides a foundation for us to innovate products and serve users with low risk preferences.
In the current popular restaking ecosystem, users are not only concerned about locking in high APY for their assets, but also hope to obtain stable points income from the restaking platform. Our goal is to protect these current income of users, and use option yield products to help users obtain higher APY without damaging the user's principal and main yield income.
The logic of our approach will also be very simple. Through the link with Pendle and other restaking protocols, users can lock in their APY and points income, and use part of their future income for Option Call/Put trading arbitrage.
We will explain the design of this product in detail later, and it is expected to be launched in Q1 2025.
This product will be very suitable for BTC/ETH/Stablecoin diamond hands, who also want to maximize risk free APY while keeping base APYs stable and determined.
- DOB Governance & Partner program
The ultimate dream of DeOrderBook is to create a completely decentralized options trading protocol, through which anyone, any other protocol, can fully release the value-added, risk hedging, and arbitrage opportunities of blockchain assets.
And a decentralized governance structure is the core support for this dream. To establish this governance structure, not only a platform-level token is needed for support, but also a fair and reasonable issuance mechanism. At the same time, a group of ecological partners can jointly own the DeOrderBook protocol and benefit from the DeOrderBook protocol together, which will be the foundation of all this.
We will announce more details by the end of 2024.
DeOrderBook’s vision is clear: liberate blockchain assets with a decentralized options protocol.
With the support of the DeOrderBook community, we have made steady progress toward this goal, establishing a solid foundation for future growth.
As we move forward, we aim to further develop a decentralized financial ecosystem. We encourage you to stay informed and engage with us through updates on Twitter, Discord, and Youtube.