Derify Protocol

Derify Protocol is a decentralized platform revolutionizing the derivatives market on the Ethereum blockchain, blending user empowerment, democratic governance, and a unique broker network. By staking DRF tokens, users influence governance decisions and earn rewards, fostering a communal and participatory environment. It introduces Positional Mining and Proof of Liquidity (PoL) to reward trading activity and ensure fund security, respectively. The innovative Brokers Network enables participants to become brokers by offering liquidity, earning commissions, and reducing market entry barriers. Derify's computable contracts present a seamless trading experience with actual prices and no slippage, while its Hedged Automated Market Making (hAMM) balances long and short positions, promoting system equilibrium and arbitrage opportunities. Furthermore, positions themselves act as liquidity, supported by the "2-way position" functionality for risk-free liquidity provision, aiming for a more inclusive and secure trading ecosystem within web3.