Defining DeFi with Antimatter

Rishab Nagaraj Ram
4 min readFeb 25, 2021
Most innovative DeFei idea that anyone has come across

In this world that is forever dynamic, there came a revolutionary concept that was in sync with what the world demanded, which was change. Decentralised Finance may be still new, but it hold great promises for the future, the future which is going to be defined by this concept. When a regular person thinks about decentralised finance he is usually overcome with great thought due to its natural complex nature, and there is yet to be any streamlining of this notion. The inception of DeFi is compared to the beginning of the internet, and with such a innovative system there needs to be elegance in the way it works and most importantly it needs to bring users simplicity. Thats where Antimatter comes in making decentralised finance simpler, more elegant with a cutting edge idea. Antimatter will soon be defining DeFi if everything is carried out properly and to the plan.

Antimatter is a lightweight on-chain and cross-chain DeFi perpetual options protocol and this whole system is based on a polarised token system. It is the most innovative and contemporary solution for option contracts in DeFi right now, creating much needed complaisance to user experience. While there are other DeFi platforms for options and derivatives they tend to be more circuitous than centralised exchanges which really negates the whole point of being different. Not to mention the other DeFi option products are extremely gas hungry which is not exactly ideal to the purpose its serves. This is where Antimatter is so good, it is simple and lightweight and this is achieved through its polarised token idea. Antimatter have a schedule where they have arranged to release products in due time and the first of those products happen to be an ETH perpetual put option product where anyone can short or long at any given time and have access to secondary market oppurtunities.

Protocol features that is provided

With the idea of mass adoption in mind, Antimatter will look at normalisation as the most important priority and it aims to achieve this and come closer with every product release. Coming back to the polarised token idea that makes Antimatter so elegant, it is designed such that put and call options are materialised through freely transferable and trade-able tokens. Antimatters’s solution or the whole basis is that all of its options product will consist of two components, a bearish and bullish component if you will. The sum of the two will always be equalling the stipulated contract value. The beauty of it is that anyone can create a market by submitting the contract value, and two token will be created, a short put token and a long put token where the short put token will track the value of the product offered and the long put token will always be equal to the stipulated contract value minus the value of the short put token value. When the sum of the tokens is different than the contract value this creates arbitrage opportunities and the market corrects itself. The whole complexity of shorting and longing is completely absorbed as all of the action is only carried out by the buying and selling of these two tokens. The holders of the long put token will pay a premium in the form of fees to the holders of the short put tokens via an automatic rebase mechanism, creating an incentive in the market to hold the short put token. This creates an ecosystem as a whole where the holders of the short put tokens hold it for fees and arbitrage purposes which is more of an incentive than holding the product offered in the first place and the holders of the long put token get to exercise their freedom in the market and end up paying only a small amount of founding fees for this freedom.

Now the MATTER token will be used throughout the whole platform making it quintessential to process and working of the Antimatter product solution, the MATTER token will be used to paying and receiving fees between token holders or for the creation of new market opportunities. Looking into the future, Antimatter plan to release an option swap platform which is basically a Uniswap for long and short option tokens and the MATTER token will be used there too.

This project is led by the all start team of Jack Lu(founder of bounce finance) and Robert Hu(founder of Helmet insure and UU finance) who have found success in the past and are more than capable to take this project to the summit.

Antimatter is a complete winner, it is bound for success thanks to the very capable team leading the project and the elegant DeFi solution it is offering to the world. There is almost no way this can fail

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