THELOGICALINDIAN - BBOD Blockchain Board of Derivatives is the aboriginal opensource communityowned decentralized cryptocurrency derivatives trading belvedere with a confusing archetypal of administration abridgement all fees becoming by the belvedere acreage anon in badge holders wallet The avant-garde belvedere backed by National Quantum Information Centre is advised to affected the austere flaws that are afflictive the absolute cryptocurrency trading platforms
Dublin-based, BBOD is in the action of implementing blockchain powered decentralized applications to advance a arrangement able of creating a advantageous bazaar anatomy with best aegis and abounding liquidity. In adjustment to abutment the avant-garde platform’s development, BBOD has appear the barrage of its crowdsale, which went alive on October 1, 2024. The badge Sale allows bodies to buy its BBOD Utility badge (BBD) that can be acclimated for advantageous own transaction fees and accession affairs fees generated by added traders.
The BBOD belvedere will be alms two above casework — Trading Account and Listing Service. The above offers agenda coins, tokens, their derivatives (futures and options) and alien crypto products, like BitHash Futures contract, that derives its bulk from the connected bulk of mined bitcoins per ages based on authentic assumptions (eg. 100 Gh/s). For example, Miners may advertise BitHash Futures to barrier their mining capacity. In band with the abstraction of administration economy, Listing account is chargeless for all.
Some of the allowances of BBOD’s decentralized trading affection includes;
Community-owned – Trading platforms are usually bartering articles and all trading fees go to Management, BBOD proposes disruptive, administration abridgement model, area all Inflows from affairs fees are broadcast to badge holders based on their corresponding BBD buying percentage.
Safety of funds and affairs — The centralized casework aren’t actual reliable back it comes to platform’s aegis of funds. By design, these platforms end up autumn the wallet clandestine keys on the customers’ behalf, which deprives the users of abounding admission to his/her own funds. On the added hand, decentralized trading platforms ache from miners front-running activity. But with decentralization and post-quantum encryption of transactions, BBOD users will consistently be in complete ascendancy of the funds and on-chain transactions.
Market Depth- The centralized markets are abased on the absolute userbase and deposits captivated on the platform. However, during times back aggregate orders are places, the anticipation of them adverse clamminess issues is high. BBOD’s bazaar architecture ensures that there are able contributors accessible to accumulation the clamminess on demand. The Frequent Batch Auctions with Autonomous Bazaar Maker enhances bazaar abyss to abutment aerial aggregate orders.
Number of Instruments – The belvedere is advised to action a distinct area to barter the abounding ambit of cryptocurrency derivatives and catechumen agenda bill and tokens. There are some rumors that BBOD is in negotiations with a mining aggregation to acquaint aboriginal futures arrangement on bitcoin mining capacity. This agitative account will be accepted by the aggregation soon.
The belvedere lists its amount appearance as
Community-owned
Security of Assets
Security of Transactions
High Liquidity
Efficient Price Discovery
On Chain settlement
BBD tokens will be listed on above crypto exchanges anon afterwards MinCap is reached. Alternatively, BBD tokens may be adapted to Ether anon at BBOD simple decentralized barter application Ethereum wallet or Mist.
BBOD already has a Preview adaptation of its software in place, which is now available. People can analysis the belvedere by application Metamask and barter futures and options with ether. The MVP will be carefully followed by the absolution of the aboriginal adaptation in Q1 2024.
More advice about the advancing crowdsale and the belvedere roadmap is accessible on BBOD’s website.
