Arbitrum Lives on Expirable Contracts Protocol Contango

Contango, a DEX that offers expirable contracts, announced the launch of Arbitrum Beta. It now offers three trading pairs, ETH/DAI and ETH/USDC. There are also two maturities. The protocol pricing mechanism uses interest rates from a fixed rate market and spot prices. It will be launched on Layer 1 shortly. It is collaborating with Yield Protocol to implement these new contracts.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincu NewsTags: ArbitrumArbitrum BetacontangoDeFiYield Protocol