Deri Festival on Arbitrum

Deri Protocol
3 min readJul 11, 2022

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Welcome to Deri Festival Week! You will have an opportunity to earn an exclusive NFT for completing the required actions on Arbitrum.

Event Period: 08:00 AM UTC, July 11 to 07:59 AM UTC July 18, 2022

Claim Link: TBA

Eligible users: all users that claimed their “Enter the Odyssey” NFT

Tasks:

  • Providing liquidity ≧ $ 10 assets to Main Pool (Arbitrum)
  • Derivatives trading ≧ $ 10 assets on Arbitrum.

Users need to complete the two tasks to be eligible for the Deri exclusive NFTs.

NOTE: Claim eligibility will all be updated on July 20. Please be patient and wait until the end of the event period to claim.

Guide

Providing liquidity

Please follow this step-by-step guide to add liquidity on Deri Protocol.

Derivatives Trading

If you haven’t traded any derivatives before, please visit https://deri.fi/#/bet-it to enjoy one-click derivatives trading.

BetIt is designed for frequent traders that aim to profit big from a small deposit. The effective leverage is 25x for any trade, which means if the price moves adversely by ~4%, the position will be liquidated. Better keep an eye on your position.

If you are familiar with derivatives trading, please enjoy your trades on https://deri.io.

Tutorials
Perpetual Futures: https://docs.deri.io/trading/perpetual-futures#arbitrum
Everlasting Options: https://docs.deri.io/trading/everlasting-options#arbitrum
Power Perpetuals: https://docs.deri.io/trading/power-perpetuals#arbitrum

Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Deri is not liable for any losses you may incur. Derivatives trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. This information should not be construed as financial or investment advice.

Join Our Community!

If you have any further question, join our discord at https://discord.gg/GJhwJA3zH7

About Deri Protocol

Deri, your option, your future!

Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

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Deri Protocol

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.