MARKET Protocol is a small team of industry experts creating a decentralized protocol to enable derivative trading on the Ethereum blockchain. The founding team has worked together for seven years managing an algorithmic trading desk before changing their focus to blockchain technology at the end of 2016. The protocol has been developed in an open source, community-driven environment. This has many advantages, and we need candidates who are enthusiastic about operating in a “public by default” mode.
Work in Blockchain:
Centralized exchanges have fundamental issues around security, custody of funds. MARKET as protocol infrastructure addresses many issues with traditional centralized exchanges including security, custody of funds, exchange solvency and access controls. MARKET allows users to initiate short positions or hedge token price without borrowing or locating the underlying token. MARKET is designed to be trustless and decentralized with no single decision maker, all position management and settlement happen on chain.