Logo Logo

Gather all the information you need at one page

Be the first one to read official updates, save news, track your portfolio

Auctus

Follow on social network

Auctus is developing a blockchain-based network for decentralized trustless on-chain options and derivatives infrastructure. The company was founded in 2017, and since then builds various products for crypto trading activity. The company said that it currently offers crypto options DEX as well as crypto options AMM. The platform is developed based on the Ethereum network and has partnered with the 0x protocol in order to build its DEX infrastructure as well as using the Chainlink feed for its oracle.

According to Crunchbase, Auctus is a leading smart contract-based retirement plan platform. The company’s mission is to put the retirement saver back in control of its owner by offering access to optimized portfolios of bonds, stocks, and cryptocurrencies. Auctus claims that it helps investors to get well-informed decisions using blockchain to increase transparency and automation and ultimately increase trust towards the chosen retirement plan. This aligns with the vision of the platform, which is to create a platform by the community, for the community, and to be as decentralized a possible.

According to its website, Auctus offers various features for its users, including but not limited to flash exercise where users can exercise options at their discretion, allows options to be transferable, fungible, and ready for further DeFi integrations, and more. The platform is powered by an AUC token, a governance token, and also the utility token of the platform.

At the time of writing, the company’s headquarter is located in Tortola, British Virgin Islands.

Categories

Blockchains, Cryptocurrencies, Decentralized Exchange, DeFi, Services

Location

Tortola, British Virgin Islands

Year founded

2017