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Cryptops is a decentralized exchange (DEX) that was created to make it easy for users to trade crypto currency option derivative using a direct access blockchain. Some benefits of the Cryptops DEX are the on blockchain order book, fair trade matching and access to the immutable trade history data. Cryptops uses blockchain asset tokens that reference the crytpo currency option derivatives provided at various strike prices and expiration dates. Cryptops is a public blockchain that everyone can use to buy, sell or even create their own crypto currency derivatives or any other tokenized assets they would like directly on the Cryptops blockchain.
COE is the native utility coin of the Cryptops blockchain. The derivative premiums that are collected by selling the asset tokens are redistributed by means of the blockchain transaction fee pool. A weekly distribution of ALL network fees plus a 1% APY inflation is sent to all qualified addresses on a weekly basis and is paid using the native COE coin. The tokenomics are easily understood and Cryptops arguably has one of the most secure staking models available in blockchain today.
The Cryptops project was created by self custody blockchain enthusiasts for self custody blockchain enthusiasts and has been in private independent development for over 5 years.