Established DeFi Firm Delta Financial Launches New Project

The relatively illiquid side options of trading have slowed the passage of information between option markets and underlying assets. Delta Financial launches new projects to revolutionize the DeFi space. This post seeks to explore this new project and its potential impact on the decentralized finance industry.

In September of 2020, Delta Financial launched Core Vault, which offers a new form of liquidity provision. This liquidity provision called “Open Vesting Liquidity” allows users to participate in the DEX without purchasing CORE LP directly.

How To Get Free Crypto  

The anonymous Delta team announced the launch of a new Delta product and token called ‘Coredex.’


5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!


What is Coredex, And How Does It Work?

According to Delta Financial, the new product will bridge the gap between options trading and markets. Today, most financial tools are fragmented, and users are forced to shuttle from one provider to another.

Coredex aims to bring all these providers together to make the marketplace efficient for users. Delta Financial team hopes to achieve its goal by employing a combination of liquidity standards. These liquidity standards will help to deploy an on-chain options layer while ensuring stability.

Over the past year, the DeFi market has experienced unprecedented growth, and many players are emerging in the industry. Some notable names include Aave, Hegic, Open, Coin

A coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them.

Coinbase Banner  

» Read more

” href=”” data-wpel-link=”internal”>Coin list, Nexo, and Premia.

The Delta Financial team is planning on using a completely different approach with the launch of their new product. Thanks to their new liquidity format, “Open Vested Liquidity (OVL),” the new product looks promising. Open Vested Liquidity makes it possible for liquidity to be locked in times of volatile movements.

This will ensure the Delta token price will be relatively stable and not bow to the market dynamics. Therefore, there will be reduced risk for those holding the Coredex and other tokenized assets. The minimization of risk is one of the major focuses of the Delta Financial team.

The Use Of Coredex

The new Delta token (Coredex) launched by Delta Financial will play a vital role in creating a healthier marketplace. Today, the crypto market is still in its “infancy,” and uncertain market conditions in underlying assets and liquidity can amplify market volatility.

Delta Financial said the primary liquidity to buy tokens would come from a bonding curve pool in their recent black paper. They also revealed that Ethereum would be the main counter currency. According to the Delta team, the target liquidity for the bombing curve will be between 1000 to 1500 ETH.

FreeBitcoin Banner  

Meanwhile, the ratio between the bonding curve liquidity and the liquidity reserve vault can fluctuate. However, the fluctuation depends on the initial stake during the limited staking window. In the end, the Delta team says their mission is to promote healthy price movement in the marketplace.

Every fund raised during the initial staking window will go into the Delta project’s overall long-term development. 26% of the money raised will nurture strategic partnerships and growth, while 10% goes into research and development. At the time of writing this post, the Delta team is yet to announce the official date for the limited staking window.

Go to Source
Author: Thomas Delahunty

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.