OptionRoom and Bounce Finance partner to Provide OaaS-backed verification layer for DeFi Auctions

OptionRoom
2 min readFeb 7, 2021

OptionRoom is thrilled to announce a strategic partnership with Bounce Finance, a gateway for Decentralised DeFi Auctions.

Through this mutual strategic collaboration, OptionRoom and Bounce Finance will provide decentralised auctions participants an OaaS verification trust score layer based on OptionRoom’s oracle.

Strategic Partnership will provide Bounce Finance’s participants substantially more secured DeFi environment to IDOs, NFT Auctions and OTC activities. This will be achieved by using OptionRoom’s OaaS to give a trust score and rating to products offered on the Bounce Finance platform.

About Bounce Finance

Bounce Finance is a Decentralised Auction Protocol offering fixed-swap IDOs, OTC trading, NFT trading and certified IDO launchpad sales.

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About OptionRoom

OptionRoom is a user governed oracle and forecast protocol built on Polkadot. OptionRoom has the ability to serve as a OaaS — Oracle as a Service where oracle requests are solved by governance. Oracle requests cost a fee and a solution incentive paid in ROOM, rewarded to request solvers. OptionRoom allows users to create and participate in event derivatives that are pegged to real world outcomes by governance consensus.

Website | Telegram | Twitter

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OptionRoom

OptionRoom — User governed oracle and forecast protocol built on Polkadot