AntiMatter X NEAR | Bringing DEX Derivatives to NEAR Ecosystem
October 13, 2021 — We are excited to announce that AntiMatter is partnering with NEAR Protocol via Aurora, allowing full, uncompromising Ethereum compatibility on top of the decentralised and climate-neutral Proof-of-Stake L1 NEAR Protocol. AntiMatter mainnet with $ETH/$USDT perpetual options will be live on NEAR in the near future, enabling users to buy/redeem call and put options for tokens with very low costs, as well as trading on-chain perpetual options for profit trading or to hedge against their positions on its mainnet.
Seeing the potential of the NEAR development, the Aurora protocol, and its active community, we have decided to leverage this scalable and low cost NEAR protocol chain to our AntiMatter ecosystem. We believe this decision will support further adoption of decentralized financial products such as on-chain perpetual options.
NEAR is a Proof-of-Stake Layer-1 public blockchain platform built with usability and developer accessibility in mind. With a novel sharding mechanism called Nightshade and its unique account model, NEAR is built to connect the users of today’s Internet to the blockchain-based web of the future.
Aurora runs on NEAR Protocol and takes advantage of its many unique features, including sharding and developer gas fee remuneration. Aurora consists of two core components: the Aurora Engine runtime, which allows for the seamless deployment of Solidity and Vyper smart contracts, and the Aurora Bridge (based on the Rainbow Bridge technology), providing for the permissionless transfer of tokens and data between Ethereum and Aurora.
Antimatter is a hub for decentralized on-chain financial products (such as derivatives and financial NFTs). One of our first innovations is the non-oracle based perpetual options. Being community driven, innovative and simple forms the core of AntiMatter.