Moving forward, we'll be updating the community with our bi-weekly DIVΞR’s Digest, where you can find things happening behind the scene. Enjoy!
https://twitter.com/divergencedefi/status/1447546569553702912

Many of you have asked👇

We’ll be distributing the Leaderboard Rewards and CoinMarketCap Airdrop this week:)

Due to the change of our go to market strategy, the price peg for leaderboard rewards is updated upward to $0.1 per DIVER after assessment. While it does not sound optimal to some of you, this is a move we’ll proceed taking into consideration the cost basis of different community members that supported us during the LBP.

The team will continue exploring ways to reward token holders and protocol contributors. Stay tuned so you won’t miss it.

Divergence Team

The Leaderboard Rewards and CoinMarketCap Airdrop has just been distributed :)

Token Contract Address:
0xfb782396c9b20e564a64896181c7ac8d8979d5f4

If you'd like to put your $DIVER to work, can stake at AscendEx
👉https://buff.ly/3igVYlX

The team will continue exploring ways to reward token holders and protocol contributors. Stay tuned so you won’t miss it.

Divergence Team

(🤿,🤿) DIVΞR's DIGEST #2

Ahoy there and welcome to Diver’s Digest, the official newsletter of the Divergence Protocol. Y'all ready? Let’s dive in:

🚨Frenly reminder🚨
There are Non-Fungible DIVΞRs remaining to be claimed by our LBP contributors. Their numbers are regrettably limited as we were on a time crunch. If you haven't already, check to see if you've won the lucky draw. https://galaxy.eco/divergence/

📰 News 📰

❇️ Divergence is Hiring Shadowy Super Coders
We are looking to add to our team. If you have shadowy super coding skillz and want to dive in, contact us at: [email protected]

❇️ Bug Bounties on Immunefi
Our bug bounty program via @immunefi is live! Up to $50,000 USDC for those who discover critical vulnerabilities in our code base. This is a crucial step ahead of our V1 product launch to ensure security against potential exploits.

❇️ Open-sourced Code
We've open-sourced our code for public access. Our synthetic binary options will soon meet everyone and serve their needs!

❇️ AscendEx Staking
Pre-staking is now live for $DIVER on the AscendEx platform. APY is currently 30%.

👀Upcoming👀

❇️ L2 Announcement
As a community governed protocol, we prioritize our community value and user experience. The team has chosen one of the Ethereum L2 scaling solutions as the initial stop of our product deployment and, an announcement regarding this will be made soon. After this implementation, you will’ll see a remarkable reduction in gas costs when trading binary options on Divergence.

❇️ Second Version of Public Beta
Our devs have been working on several different optimizations to prepare for the second version of public beta testnet on the L2 we’ve chosen. The community will soon get a sense of what trading and hedging will feel like in a L2 environment.

❇️ UI/UX Polishing
Besides bug fixes and product optimizations, we’ve also been polishing our UI/UX with the front-end and designer team. Once we release the second version of public beta, you should be able to see a fresh new look.

📊Crypto Options Market News📊

❇️ProShares bitcoin ETF approved by SEC and enters as second-most traded ETF in history

❇️CME Bitcoin futures open interest reached a new all-time-high in $ notional following ETF launch on Oct 19.

❇️With the launch of the first ETF based on CME Bitcoin futures on Oct. 19, participation in CME Cryptocurrency products continue to ramp up, culminating in open interest records across Bitcoin, Micro Bitcoin and Ether futures.

🎃Miscellaneous🎃

🤑Binary Options Trading For Beginners Series

🌊Florida Keys to Be Underwater

Are you team Spear or Shield, come join us on Nov 4! https://twitter.com/divergencedefi/status/1455551689843306501

(🤿,🤿)DIVΞR's DIGEST #3

Ahoy there and welcome to Diver's Digest, the official newsletter of the Divergence Protocol. Y'all ready? Let's dive in:

🚨Frenly reminder🚨
There are STILL Non-Fungible DIVΞRs remaining to be claimed by our LBP contributors. Their numbers are regrettably limited as we were on a time crunch. If you haven't already, check to see if you've won the lucky draw.

📰 News 📰
❇️ Diver's Mock Trading Battle on Arbitrum-Rinkeby
Divergence is hosting a 14-day trading competition in order to celebrate the launch of their V2 Beta on Arbitrum-Rinkeby. Running from Nov 4, 1pm UTC - Nov 18, 1pm UTC, a total of 40,000 USDC will be reserved as a prize pool to be split among the top 100 traders on the leaderboard. For more details refer to this tweet and the associated Medium article.

❇️ Divergence is Hiring Shadowy Super Coders
We are looking to add to our team. If you have shadowy super coding skillz and want to dive in, contact us at: [email protected]

📊Crypto Options Market News📊
❇️Genesis Volatility Crypto Options Analytics Newsletter - November 7th, 2021

❇️ ETH long-dated implied volatility is well supported as investors position for ETH2 launch catalyst next year. The Mar22 15k calls are already open in 50k+ ether options, >$750mln notional.

❇️As BTC + ETH retrace from ATHs, a change in flow emerged, with BTC risk-reversals in Nov+Jan, initiator buying 50–60k Puts funded by Calls; in ETH opportunistic sales of high Vol Calls.

🦃 Miscellaneous 🦃
🎞Mock Options Trading Battle on Arbitrum Tutorial
🎞Binary Options Trading For Beginners Series
🌊Maldives to be 80% Underwater By 2050

Mock Option Trading Battle Participants are eligible for our new batch of NFTs! https://twitter.com/divergencedefi/status/1460263708735643656

DIVΞR's DIGEST #4（🤿, 🤿） 🦃
V 🔱

Ahoy there and welcome to Diver's Digest, the official newsletter of the Divergence Protocol. Y'all ready? Let's dive in:

🚨Frenly reminder🚨
There are STILL Non-Fungible DIVΞRs remaining to be claimed by our LBP contributors. Their numbers are regrettably limited as we were on a time crunch. If you haven't already, check to see if you've won the lucky draw.
https://galaxy.eco/divergence/
P.S. You can additionally claim a Spear NFT as a perk if you are a contributor who hold non-zero $DIVERs at the end of our LBP. Details below.👇

📰 News 📰
❇️End of Divergence Mock Options Trading Battle
Our 14-day mock options trading battle on the Arbitrum Rinkeby Testnet has concluded. USDC rewards have been distributed to the winners' Ethereum Mainnet addresses.

❇️ Claim Your Spear from the DIVΞRs Armory!
All participants in the Mock Options Trading Battle and those who participated in the Balancer LBP - who held non-zero balances at the end of the LBP (sorry, flipperz & bots) - are eligible to claim their Spear NFTs very soon! These are claimable via Arbitrum so you can save on gas!

❇️ DIVΞR Lazer Eyez
Now added to our media kit. Help yourself and put it on whatever you like :) 🙌Media Kit

👀Upcoming👀
❇️ Fixing the bugs and issues reported
We have been receiving several feedbacks from different whitehats during our Immunefi public bug bounty program; besides, a couple of issues also aroused during our first public trading competition earlier. We are getting all of these issues resolved steadily before launching the product on Mainnet.

❇️ Continue to improve the UI/UX
For Divergence, user experience is always key and we strive to make options trading as simple as swapping tokens on a DEX. We are currently working with our internal designers and have some proposed edits to the UI/UX based on feedback we receive during the trading competition.

❇️ Optimize protocol pricing curves
Our recently added public trading competition on Arbitrum Rinkeby served as a testing ground for our binary options pricing curves. Currently, we are working on optimizing the curve to improve market-making efficiency and to solve some issues it would face under certain market circumstances.

📊Crypto Options Market News📊
❇️ETH prices are finding footing, great for vol-sellers.

❇️ Backwardation in the term structure and negative skew. Look for volatility headed into expiration this month. #BTC

❇️From last week's caution to new optimism, as large Dec Call purchases made in ETH 5k+6.5k & BTC 64k+75k strikes.

🦃 Miscellaneous 🦃
🚀Binary Options Trading For Beginners Series

🌊Archaeologists discover salt workers' residences at underwater Maya site

Hey guys, we're launching $sushi + $diver farm as a Thanksgiving retreat, come and grab that juicy yields :) https://twitter.com/divergencedefi/status/1463876182718357507

🍸 Dive Bar, a place where you can find all yield opportunitie associated with Divergence. Come and Unwind for some juicy rewards https://twitter.com/divergencedefi/status/1466417941457612801