DeFi
Arrow Markets IDO sells Polkastarter and Avalaunch, bringing Robinhood-style options trading to DeFi
Signposted markets
Road Town, British Virgin Islands, May 22, 2024 (GLOBE NEWSWIRE) —
Signposted markets, a hybrid crypto options platform designed for exceptional user experience (UX), reached a major milestone with its $ARROW IDO token on Avalaunch and Polkastarter, selling out within the first 65 minutes, highlighting strong interest in the community. To expand accessibility, an IDO on Gate will follow, allowing more participants to join.
The crypto derivatives market has seen phenomenal growth, reaching a monthly volume of $1.33 trillion in 2023. Arrow Markets breaks down barriers in DeFi options trading with its user-friendly platform, catering to both seasoned traders and those new to the world of options. Unlike traditional crypto trading platforms which can be intimidating, Arrow prioritizes user experience with an intuitive UI/UX and its Request Execution (RFE) system further enhances the experience by guaranteeing pricing and liquidity competitive. The platform offers a dedicated portfolio page where users can easily track and manage their trades, providing performance metrics, insightful analytics and a holistic view of all options activity, allowing users to make informed decisions.
Arrow offers a solution for every skill level across the investor network with its innovative workflows. simplified mode empowers beginner and intermediate traders by simplifying complex options strategies with an options recommendation system, meaning users can execute their market views with just one click. Pro mode allow Powered users can leverage the familiar “options chain” view, enabling side-by-side comparisons and advanced strategy building. This mode also makes it easier to execute multi-step strategies and multiple orders within a single trade. Additionally, Arrow’s testnet environment allows users to practice options trading in a safe space before deploying real capital.
The $ARROW token, a vital part of the Arrow ecosystem, unlocks various features on the platform. Staking is the primary utility, allowing users to earn rewards by depositing $ARROW tokens. Additionally, Arrow envisions future uses of $ARROW, such as protocol governance, margin and options underwriting insurance, and reduced platform fees.
Arrow has partnered with Polkastarter, the leading decentralized launchpad to facilitate their IDO. This collaboration gives Arrow access to a global audience of enthusiastic DeFi supporters.
Arrow Markets has achieved significant milestones in recent months:
The story continues
-
Secured $4 million in Series A funding led by Framework and Blizzard, building on their success Summer Seed Raise.
-
We’ve built a passionate community of over 46,000 followers on X-Twitter, 41,000 members on Discord, and 16,000 on Telegram.
-
More than 28,000 users with connected social accounts have signed up to the V2 waitlist, demonstrating immense user interest.
-
Thousands of participants engaged in testnet campaigns and waitlist boosting initiatives.
-
Successfully conducted multiple testnet trading competitions with over 5,000 participants competing for over $15,000 in prizes.
-
Launching internal testing of the Arrow V2 mainnet with some early adopters.
Keep an eye on Arrow’s official channels for information on opening the IDO allowed list. Don’t miss this opportunity to join the Arrow Markets revolution and experience options trading in a whole new way!
About Arrow Markets
Arrow Markets is a hybrid Web3 options platform designed for user experience (UX). Their mission is to democratize options trading by providing an intuitive and accessible platform for all experience levels. Learn more about https://www.arrow.markets/ and follow the launch of the token on https://www.arrow.markets/trajectory. You can learn more about IDO by listen to Spaces here.
About Polkastarter
Polkastarter is the leading decentralized protocol for launching new blockchain and digital asset projects. Their curation process connects promising projects to a global community of investors. Learn more about https://polkastarter.com/
DISCLAIMER
**ARROW MARKETS AND $ARROW TOKEN ARE NOT AVAILABLE TO USERS IN THE UNITED STATES OR OTHER PROHIBITED JURISDICTIONS. THIS BELOW IS NOT INTENDED TO BE VIEWED BY ENTRANTS IN ANY PROHIBITED JURISDICTION**
This article is provided for informational purposes only and does not constitute legal, tax, investment, financial, or other advice. Nothing in this article constitutes a solicitation, recommendation, approval or offer to buy or sell any securities, financial instruments or digital assets of any kind.
This article contains information of a general nature and does not address the situation of any specific person. Readers assume sole responsibility for evaluating the merits and risks associated with the use of any information contained in this article before making any decision based on such information.
For more information, contact:
Edouard Mehrez
Disclaimer: The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities.
CONTACT: edward at arrow.markets
