Introducing Panner — The world’s first decentralized omnichain protocol for leveraged volatility trading.
Trade volatility, effortlessly…🍀
Panner Finance is a decentralized derivative protocol that is set to launch on the zkSync Era blockchain. Panner enables traders, regardless of their familiarity with options, to engage in trading the volatility of different underlying assets, while experiencing zero slippage and an enhanced reward-to-risk ratio.👏👏👏
Introduction
Panner Finance is the world’s first decentralized omnichain protocol for leveraged volatility trading. The product adopts a peer-to-pool model, allowing traders to trade against liquidity providers (PLP) and profit from the correct anticipation of the volatility of underlying assets.
In the context of trading, Panner liquidity providers (PLP) act as counterparties to traders. In exchange for their liquidity provision services, the majority of platform fees will be awarded to these providers.
Initially constructed on the zkSync Era blockchain, Panner Finance will incorporate Pyth and LayerZero omnichain interoperability technology to guarantee focused liquidity and a streamlined trading experience.
Consequently, traders can benefit from the following advantages:
A straightforward approach to establishing exposure to volatility
A hedging instrument for managing vega positions
A resource for effective risk management
opportunities for portfolio diversification
Core Features
- Leveraged exotic options trading: Panner Finance is a groundbreaking DeFi protocol that offers leveraged trading of exotic options, a first in the industry. Through the platform, users can participate in price volatility trading and secure a guaranteed payout ratio. Moreover, utilizing leverage can amplify the potential return on investment (ROI) up to 500%🚀 , in just minutes.
- Multiple chains, one zkSync: Isolation between different blockchain ecosystems has emerged as a key limit to adoption. Users and developers are forced to split time, resources, and liquidity between separate chains. Panner Finance will break the inter-chain isolation and serve users across multiple chains. Utilizing LayerZero, Panner Finance will pool fragmented liquidity from multiple blockchains into one (on the zkSync Era) and allow users to trade with it from different blockchains with just one click.
- Seamless trading: Panner has devoted considerable effort to refining user experience (UX), offering traders a seamless approach that eliminates the need to manage “Greeks” in options trading. Prices are obtained from major CEXs through Pyth, guaranteeing that sizable trades are executed precisely and free from slippage.
- By the people, for the people: Embracing the core principles of Web3, Panner Finance has been meticulously designed as a decentralized, non-custodial, and permissionless platform, ensuring equitable and unrestricted access for all individuals.
Why zkSync Era?
the zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform, with low transaction costs for their users.
It not only merely increases Ethereum’s throughput, but fully preserves its foundational values — freedom, self-sovereignty, and decentralization — at scale.
We chose to launch on zkSync because its ethos aligns with our objective of building an open, fair, and user-friendly DeFi infrastructure. Moving forward, we will work with the community and DeFi enthusiasts to evolve Panner Finance into an even more diverse, user-centric, and scalable DeFi solution.
Roadmap
Phase 1:
A revamped derivative trading protocol with:
✅ A simple and intuitive UI
✅ Short-term volatility trading with zero-slippage and negligible fees
✅ Ability to provide liquidity and earn multiple rewards
✅ Genesis mining incentives (more on this soon)
Join the community
Panner Finance will be launching on zkSync Era in the next few weeks with an exciting roadmap planned. Follow us on Twitter and join the Discord and be the first to know the Panner launch!
