A guide on Exotic markets and how to farm for their upcoming $EXO airdrop!

Injective Academy
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guide on Exotic By TeammateTyler 


Exotic has been a front runner in the space winning the first ever injective Hackathon, as well as being hand selected by injective to be the premier options protocol on injective!

Exotic Markets Mission is to “democratize” financial tools to make them more accessible and easy to understand for everyone, the main two being options, and yields!

What are the options? 


Options are financial contracts that give you the right, but not the obligation, to buy or sell an asset at a specific price on a specific date. For European options, this means you can only exercise them at expiry. There are two main types of options:

  1. Call Options: Give you the right to buy an asset at a specific price.
  2. Put Options: Give you the right to sell an asset at a specific price.

What are Yields? 


In yields you are the seller of an option. Exotic gives you a period of a few days (The subscription period) to deposit your token into the yield

Once the subscription period starts you have two options: 

  1. Wait for the expiration of the yield to collect your PNL which includes your yield bonus and deposit amount. 
  2. Trade your position as tokens with other users on the platform.

best way to get  airdrop

So with all that being said what’s the best way to farm for the Exotic Markets airdrop for their upcoming token launch?

Ranked in the order of importance: 
  1. Join their discord, this will give you updated information on special events like 2x $Exo points, future Galxe campaigns to earn $Exo and much more!
  2. Start buying options and yields on Exotic Markets to start earning $Exo points.
  3. Follow https://x.com/exotic_markets_ on Twitter X to receive up to date announcements on future events!




from Ninja to Ninja

Authored by Ninja: TeammateTyler
Date: 16/08/2024



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