Anon Powered’s development team announced today the launch of Premia, the latest Decentralized Finance (DeFi) options platform powered by Ethereum. The launch of Premia expands the increasingly crowded DeFi options market. The platform is joining projects such as Auctus, Hegic and Opyn. However, members of the Premia Republic believe that their project can stand out with a combination of special features.
“I think at the heart of our ethos was that we were trying to create a group of honest, anonymous people who want to change the perception of anonymity and let the code speak for itself,” said community members. The Premia Republic group said they mostly met through cryptocurrency-focused chats on Discord and Telegram. The first project they created under the Anon Powered umbrella, “Don’t Buy Rope” was one of the first experiments with NFT.
As a result of their work on “Don’t Buy Rope,” the team has mastered the ERC-1155 well. The ERC-1155 standard, often used for minting NFTs, allows multiple fungible or non-fungible tokens to be minted in one contract.
“Some of the solutions you see are based on the ERC-721 standard,” said one Republic member. “And this in the traditional financial sense is considered OTC — over-the-counter trading.”