|
| ------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------- |
## Support & Community
| [FAQ](/support/faqs) | [Social Media](/community/social-media) |
| -------------------- | --------------------------------------- |
# What is DeOrderBook ?
An introduction to the basic concept and philosophy behind the protocol
{% embed url="" %}
Watch our animated video introducing the DeOrderBook protocol and its lore.
{% endembed %}
### Introducing DeOrderBook
DeOrderBook is an up-and-coming fully decentralized optionality protocol launching first on Ethereum with a yield-enhanced limit order use case for the Bitcoin market.
Above all, DOB is proud of the fact that the protocol is completely oracle-free: ensuring that users' funds remain more secure than anywhere else in DeFi while also offering them the greatest opportunities for surviving any threat from market volatility.
### Our Team
Backing this protocol, we are a group of DeFi builders and TradFi operators united under a common mission to build the next wave of technology-driven finance. Our protocol eventually aims to satisfy various risk appetites of spot, options, and derivatives traders while leveraging the attractiveness of DeFi to both retail and institutional finance actors.
### Supported Tokens
At its launch on the Ethereum mainnet, DeOrderBook supports two major tokens, `$wBTC` and `$USDC`.
# DeOrderBook Core
The main product and its features available at launch
### DeOrderBook Core Functions
View our flowchart covering all the main functions of DeOrderBook.
Too many users have stacks of `$BTC` or stablecoins such as `$USDC` lying in their wallets gathering dust. DeOrderBook has an elegant solution to help ensure users keep accumulating wealth even while they keep their most beloved currencies close. Using a revolutionary protocol design that takes oracles out of the equation, DeOrderBook is able to offers users real yield and maximum capital flexibility in a uniquely secure environment of decentralization.\
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The DeOrderBook solution revolves around the four core token types that make up its ecosystem, each with their own important associated actions.
* [HODL](/hodl/explaining-hodl): To enter the DeOrderBook ecosystem, users must first mint HODL tokens from supported cryptocurrencies. HODL tokens can then be used as collateral to back [DeOrders](/deorders/explaining-a-deorder), which are essentially limit orders.
* [$DOB](/usddob/explaining-usddob): The native governance token of the platform, earned at a continuous rate as placed DeOrders mature. `$DOB` can be [locked back](/usddob/locking-usddob) onto the platform for rewards in the form of revenue-sharing and BULLET tokens.
* [SNIPER](/sniper-and-bullet/explaining-sniper-and-bullet#what-are-sniper-tokens): An option writer obligation token, generated in tandem with BULLET tokens when placing a [DeOrder](/deorders/explaining-a-deorder). Can be combined with matching BULLETs to unwind orders at any time before expiry date.
* [BULLET](/sniper-and-bullet/explaining-sniper-and-bullet#what-are-bullet-tokens): An option right token, generated in tandem with SNIPER tokens. These are awarded to eligible [$DOB lockers](/usddob/locking-usddob), and have the unique property of being able to exercise DeOrders. Tradable at the [BULLET Bazaar](/sniper-and-bullet/bullet-bazaar).
### Tutorial Video π₯ : How DeOrderBook Works
{% embed url="" %}
Explore the world of DeOrderBook with a step-by-step animation explaining our flowchart.
{% endembed %}
# Why use DeOrderBook?
What makes DeOrderBook unlike anything ever seen in DeF
### Oracle-free design
Oracles have been a point of vulnerability in several DeFi protocols: and for good reason. Reliance on a middleman to transport data between the real world and the blockchain makes it very easy for hackers and other bad actors to know where to target.
Oracles are an unnecessary obstacle towards full decentralization, and leave users at the mercy of token prices getting hacked or protocol designs being manipulated. DeOrderBook has been designed with game theory and precision economics in place of oracles; ensuring that users are fully protected within a fully decentralized environment.
### Real Yield
Real yield means sustainable yield, based on solid tokenomics and a nuanced understanding of human behaviour. Too many DeFi protocols have relied on 'pump-and-dump' schemes and inflated APYs to attract hordes of users: just for everyone to see it all come crashing down around them.\
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The DeOrderBook ecosystem has been precisely designed to ensure a circular system of value that rewards and incentivizes greater participation without the fluff or the hype. We believe that when our users make real money, we do too: for example, our [revenue-sharing scheme](/usddob/locking-usddob#what-rewards-can-i-earn-from-locking-usddob) pays out in cold hard crypto instead of just in our own token.
### Unmatched Capital Flexibility
Crypto, let alone DeFi, can be a dangerous and volatile place. It makes sense for users to need the flexibility to jump from one investment to another with ease: it's this need for speed that has converted a lot of us away from TradFi and CeFi investments.
On DeOrderBook, users are allowed to unwind their limit orders early at any time before expiry: as long as they have the requisite collateral and [matching tokens.](https://github.com/DeOrderBook/deorderbook-docs/blob/main/intro-to-deorderbook/what-is-deorderbook/broken-reference/README.md) \\
# Getting Started
All the basics you need to start exploring DeOrderBook
On DeOrderBook, there are 4 main tokens that users would be interacting with:
* `$DOB`, the native token of the platform
* HODL tokens
* `$wBTC` mints `$bHODL` tokens, and `$USDC` mints `$uHODL` tokens.
* SNIPER tokens
* Once a DeOrder is placed, `$bHODL` tokens generate `$bSNIPER` tokens, and `$uHODL` mints `$uSNIPER` tokens.
* A matching amount of BULLET tokens encoded with the user's selected strike price and expiry are generated in tandem.
* BULLET tokens
* Once a DeOrder is placed, `$bHODL` tokens generate `$bSNIPER` tokens, and `$uHODL` mints `$uSNIPER` tokens.
* `$bHODL` tokens generate `$bBULLET` tokens, and `$uHODL` mints`$uBULLET` tokens.
At launch, DeOrderBook supports `$wBTC` and `$USDC` on the Ethereum mainnet, with further coin support a key priority on the protocol's roadmap.
### Intro to DeOrderBook
When placing a DeOrIn a nutshell, the HODL token collateral used to place a DeOrder will generate SNIPER tokens, through selecting a strike and expiry. SNIPER tokens will then be automatically staked into the relevant pool (with matching strike and expiry) to earn `$DOB` rewards continually until the maturity date is reached.
Meanwhile, DeOrders also generate BULLET tokens, but BULLET tokens are sent as rewards to those who have locked their `$DOB`. A fixed number of `$DOB` per day will be shared by all stakers within the pool, in proportion with their staking size.
### Getting Started
**To get started,** users must first use their supported currencies (currently `$wBTC` and `$USDC`) to mint the associated HODL tokens (`$bHODL`and `$uHODL`). Minting is done at a 1:1 ratio with **zero** associated fees, besides gas.
Once a user has their HODL tokens in hand, they can choose to either to:
* a) [stake HODL](/hodl/staking-hodl) directly onto DeOrderBook or;
* b) use HODL to mint SNIPER tokens through [making a DeOrder](/deorders/placing-a-deorder)
#### Direct Staking
Direct staking will allow for a basic APY to be earned, but this would typically be less than the potential APYs to be earned from using SNIPER tokens to perform the DeOrder action.
Placing a DeOrder involves minting HODL into SNIPER: choosing from a range of preset prices at which to mint, a range of expiry dates and an amount with which they want to DeOrder. The expiry date would determine the APY.
Throughout, users are rewarded with `$DOB` tokens, the native token of the platform that also functions as a governance token. `$DOB` tokens can be locked to receive a portion of BULLET rewards and rebates, with BULLET tokens able to be traded freely among users on the BULLET Marketplace. `$DOB` tokens may also be sold on PancakeSwap via the `$DOB` liquidity pool.\
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**Why use DeOrderBook?**
DeOrderBook sets itself aside from the competition by being the first DeFi protocol that brings value from outside liquidity without relying on internal competition. Users will no longer be limited to the option of simplifying their most beloved cryptocurrencies while losing out on profiting from the exciting volatility of the markets.
DeOrderBook offers every user an absolutely secure way to participate in derivatives markets without needing deep financial engineering expertise and without risking their long-held bags.
**What fees are associated with using DeOrderBook?**
The DeOrderBook protocol aims to incentivize greater user adoption, charging no fees for minting HODL tokens from supported cryptos.
A 0.2% fee is collected by the protocol in the following 4 actions:
* unlocking: combining SNIPER and BULLET tokens to early unwind calls and unlock HODL tokens
* exercising: combining BULLET and HODL tokens to exercise calls and/or puts that are most likely in-the-money
* collecting: using SNIPER tokens to collect HODL tokens whether or not calls/puts are or are not exercised
* redeeming: rolling back HODL tokens to supported cryptos
**Why join DeOrderBook's soft launch?**
During DeOrderBook's soft launch, all functions will be available for new users to try out the protocol, hosted on the Goerli testnet.\
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Yet upon the protocol's launch on the Ethereum mainnet, users will gain the most functionality from interacting with the protocol by purchasing an NFT from the dual-tier [Gerege NFT program](/gerege-nft-program/dual-tier-nfts-silver-and-gold). This is in line DeOrderBook's core vision is to create an exclusive community centred around a gamified conceptionalization of the 'Trade to Earn' concept, with NFTs able to level up based on a ranking and levelling system.
Participation in the soft launch will allow users to understand the protocol at its deepest levels before making the decision whether or not to fully step into the DeOrderBook community by becoming an NFT holder.\\
# Roadmap
Future plans for DeOrderBook
DeOrderBook has a long and exciting roadmap planned ahead of its launch.
After DeOrderBook's v1 launch on the Ethereum mainnet, representing the world's first decentralized option embedded orderbook on Ethereum for `$wBTC`/`$USDC`, the protocol's next priority would be to attract wider user growth and coverage.
* **Milestone: More Cryptos Covered**
At launch, DeOrderBook includes support for BTCB and USDC. Further coin support plans include: ETH, BNB, DOGE, SOL, ADA and DOT, among other popular coins.
After adding more cryptos to be covered by DeOrderBook, a focus will be made on launching v2 of the protocol as well as extending the protocol's operations to other noted chains.
* **Milestone: DeOrderBook v2**
DeOrderBook's v2 will add an Auction Market for BULLET tokens, which as of v1 will not yet be tradable among users. An auction market will allow for options to be bought with $DOB, further strengthening the circular nature of the ecosystem.
* **Milestone: Multichain Support**
More support for different blockchain smart contracts will be added.
DeOrderBook will move towards its next stage by building towards its v3 launch and adding a spot market.
* **Milestone: Spot Market**
In order to maximize the full potential of liquidities, a uHODL / bHODL pair will be added with DOB yields.
* **Milestone: DeOrderBook v3**
Traditional tokenized assets will be added to the platform in this version, including support for Commodities and FX for a suite of OTC products against multiple asset classes.
Through all the above improvements suggested for the protocol, DeOrderBook will move closer and closer towards its vision of becoming a one stop shop for a multichain, multi-asset, OTC product and customized DeFi protocol.
# Fees
A quick overview of all fees collected on DeOrderBook
Below is a quick summary of core actions users will take on DeOrderBook, and any associated fees collected.
| Action | Fee Collected |
| ---------------------------------- | ------------- |
| Minting HODL tokens | NIL |
| Placing a DeOrder | 0.1% |
| Collecting SNIPER without exercise | 0.2% |
| Redeeming HODL tokens | 0.2% |
### What does DeOrderBook do with the fees it collects?
DeOrderBook rebates 50% of collected fees back to those who have [locked $DOB tokens](/usddob/locking-usddob).\
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The remaining 50% is kept by the Treasury to assume the running costs of the protocol and its team.
# Glossary
Explaining all potentially unfamiliar terms
### APR
APR stands for **annual percentage rate.** However DeOrderBook instead uses vAPR, or variable Annual Percentage Rate, calculated as : (dollar-value of DOB rewards) / (dollar-value staked in pool)
In DeOrderBook, vAPR is earned:
* when yield farming `$DOB` tokens
* by keeping HODL tokens
* by using HODL tokens to place limit orders
* by locking HODL tokens into SNIPER tokens
* when staking `$DOB` to earn a share of platform fees.
vAPRs represent linear yield. The yields are paid in `$DOB` tokens, for example if an APR says 100% it means that for every $1,000 worth of tokens staked, say 1000 `$uHODL`, $1,000 worth of `$DOB` will be paid out over the course of a year. The yield accumulates pro-rata per-block.
vAPRs in DeOrderBook are dynamic, meaning the rate is unstable and may change every block.
### APY
APY stands for **annual percentage yield**.
Although the term is often confused with APR, it is not the same. APYs represent compounded yield, whereas APRs represent linear yield. DeOrderBook only provides users with APRs.
In order to attain an APY with DeOrderBook's APRs, a user would need to sell their rewards for more of the underlying / base token. Although some users may want to do this, a better flow from the point-of-view of the protocol would be for users to stake their `$DOB` rewards.
### Auction
Auctioning BULLET tokens is a feature that is not supported in v1 but is planned for further releases.
### BULLET token
Every currency supported by DOB possesses its own BULLET token. At the time of writing, DOB supports `$wBTC` and `$USDC`, with `$bBULLET` and `$uBULLET` tokens available.
BULLET tokens come in a variety of **classes**. Each class consists of two parameters, a *strike* and an *expiration*. Expressed as follows:
$(asset)BULLET${strike}β{expiry}
For example, the BULLET issued for locking `$bHODL` tokens, with a strike of $60,000 and expiry on 1-MAR-2022 will be known as $bBULLET60000β20220301. BULLET tokens of different classes are not fungible or directly interchangeable.
BULLET tokens are issued simultaneously with SNIPER tokens when HODL tokens are locked for optionality. BULLET tokens can be staked for `$DOB`rewards.
### Create
Once a user enters DeOrderBook, they start their journey by creating HODL tokens out of supported tokens such as `$wBTC`and `$USDC`.
There are no creation fees collected when converting `$wBTC` into `$bHODL`, as when converting `$USDC` into `$uHODL`.
### Collect
SNIPER and BULLET tokens, once staked in a pool, would continually generate rewards for users.
These rewards can be collected with or without exercise, with a 0.1% fee going to the platform.
### DeOrder
The term 'DeOrder' is used to refer to orders placed on the platform, which are similar in concept to both limit orders and warrants. Users can place DeOrders once they have minted HODL tokens from their supported cryptocurrencies.
To illustrate this, the example can be quoted of a user who is holding `$USDC` and has used this to mint `$uHODL` tokens.
If a user is confident that the price of `$USDC` will drop and wants to "buy on the dip", they can perform the related DeOrder using the **"DeOrder/Buy"** action.
Conversely, if a user is confident that the price of `$USDC` will rise and wants to "take profits", they can perform the related DeOrder using the **"DeOrder/Sell"** action.
### DEX
DeOrderBook is similar in concept to a decentralised exchange (DEX) in which users can swap between all supported token types on the platform in order to facilitate different actions: supported cryptocurrencies (`$wBTC` and `$USDC`), BULLET tokens, SNIPER tokens, HODL tokens and $DOB tokens.
### $DOB Token
`$DOB` is the native token of the DOB ecosystem, and is earned by users any time that they stake their tokens in DeOrderBook. `$DOB` can be used to claim a share of up to 80% of the platform's BULLET tokens as a reward to be earned on a per-block basis.
`$DOB` can be used for voting rights, but is not your average governance token. `$DOB` can also be used to buy even more SNIPER and BULLET tokens, making it easy for users to keep earning.
### Exercise
Before the expiration of the pool a user has staked their tokens in, they can choose to collect their rewards with or without exercise.
Collecting rewards with exercise means that an underlying asset would be bought or sold at strike price.
### Expiry
Expiry dates refers to the last day that a SNIPER token and corresponding BULLET token are valid. The BULLET expires and becomes worthless if the BULLET owner chooses not to exercise the option on or before the expiry date.
Currently DeOrderBook allows users to choose from three expiries of immediate 1 month, 2 months, 3 months with ongoing rolling.
**GoerliETH token**
During DeOrderBook's open beta on the Goerli testnet, GoerliETH token are used by users to pay transaction fees and approve transactions in lieu of real `$ETH`.
Additional GoerliETH tokens can be claimed at .
### HODL token
Every currency supported by DOB possesses its own HODL tokens. At the time of writing, DOB supports `$wBTC` and `$USDC`, with `$bHODL` and `$uHODL` tokens available. It is possible to switch between `$bHODL` and `$uHODL` within the native DEX.
Investing HODL tokens are the key behind DeOrderBook. A user starts by investing HODL tokens onto the platform, upon which they are immediately eligible to start earning `$DOB` rewards. Investments are made based on time-bound predictions of the prices of supported cryptocurrencies on the platform: users can think of them as warrants, giving investors the right to buy specific amounts of stock at specific prices on specific dates.
### Limit Order
A limit order can is an order to buy or sell at a given price. The trade will be filled if there is matching liquidity in an orderbook.
On DeOrderBook, 'DeOrders', or this protocol's version of limit orders, are placed with HODL tokens. For example:
* a user wants to "buy the dip" of `$BTC`. `$BTC` price is currently $50,000. The user will place a limit order with `$uHODL` for 1 `$BTC` at $45,000. The user will need 45,000 `$uHODL` to place this order. If `$BTC` hits $45,000, then the user will receive 1 `$bHODL`. The user can cancel the limit order anytime.
* a user wants to "profit take" with `$BTC`. `$BTC` price is currently $50,000. The user will place a limit order with `$bHODL` for $55,000 per `$BTC`. The user will use 1 `$bHODL` for this order. If `$BTC` hits $55,000, then the user will receive 55,000 `$uHODL`. The user can cancel the limit order anytime.
In DeOrderBook, whenever HODL tokens are placed in limit orders, their APR gets boosted.
### Lock
Once a user has HODL tokens, they can lock them for SNIPER or BULLET tokens to start participating in pools.
There is **no** minimum locking period, so users can always unlock their tokens for a fee.
### Minting
Minting is the basic action to create HODL tokens.
* users mint `$bHODL` with `$wBTC` at a 1:1 ratio.
* users mint `$uHODL` with `$USDC` at a 1:1 ratio.
* There are no minting fees.
Minting is the beginning of user's activation in DeOrderBook.
### Pool
DeOrderBook offers users a wide range of sub-pools in which to stake their SNIPER or BULLET tokens, with `$DOB` tokens continually earned as rewards.
The APY of different sub-pools varies based on factors such as the popularity of the pool. This helps the protocol continually rebalance with bigger pools having lower APYs than smaller pools, incentivizing a balance between all pools.
At the time of launch, DeOrderBook is offering nine different pools.
### Rebate
At different stages of the DOB process, fees are collected to continually create a feedback mechanism of value within the ecosystem.
A portion of those fees will be rebated to `$DOB` holders continually.
### Redeem
After a user has locked their HODL tokens for their respective BULLET or SNIPER tokens, they still could run into the situation where they need those bags to be liquid again.
They can then redeem their original tokens with a simple redemption fee of 0.2%.
### Stake
Staking in the crypto context means depositing tokens in a smart contract, often in order to "put them to work" or gain an additional utility.
In DeOrderBook the following modalities of staking are available:
* SNIPER token staking to earn $DOB
* BULLET token staking to earn $DOB
* `$DOB` token staking, to earn a share of platform fees.
### SNIPER token
Every currency supported by DeOrderBook possesses its own SNIPER token. At the time of writing, DeOrderBook supports `$wBTC` and `$USDC`, with `$bSNIPER` and `$uSNIPER` tokens available.
SNIPER tokens come in a variety of **classes**. Each class consists of two parameters, a *strike* and an *expiration*. Expressed as follows:
$(asset)SNIPER${strike}β{expiry}
For example, the SNIPER issued for locking $bHODL tokens, with a strike of $60,000 and expiry on 1-MAR-2022 will be known as $bSNIPER60000β20220301. BULLET tokens of different classes are not fungible or directly interchangeable.
SNIPER tokens can be staked for $DOB rewards.
### Target
Target price is also known as exercise price. It is the price at which BULLET tokens can be exercised.
### Underlying
Underlying is the asset on which the price of a SNIPER or BULLET token is based.
Currently, `$wBTC` and `$USDC` are supported while future versions would add`$ETH` and other tokens.
### Unwind
Whenever a user needs to perform an action external to DeOrderBook with his positions, the HODL tokens must be unwound and the user will receive the representative token, `$wBTC` in the case of `$bHODL`, and `$USDC` in the case of `$uHODL`. A 0.20% unwinding fee is charged on every unwind transaction.
## vAPR
This is used instead of APR on DeOrderBook. It represents:\
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Variable Annual Percentage Rate, calculated as : (dollar-value of DOB rewards) / (dollar-value staked in pool)
# Litepaper
Links to the litepaper
The full litepaper for DeOrderBook can be found in English at the below link.
# DeOrder
HODL and DeOrder with ease
DeOrder page by night
On the DeOrder page, users can mint HODL tokens from supported cryptocurrencies and use them to place DeOrders.\
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**Background:** *Entrance to the Temple*
Behind the DeOrder window, users can see into the [Temple of Dobia](/the-world/concept-and-backstory). It is said that [Dobia](/the-world/characters) herself constructed the gigantic temple in mere moments as a safe haven for all in the cryptoverse to grow their funds safely and securely.
# Account
Check all your DeOrderBook assets in one place
Account page by night
On the Account page, users can take a look at all the assets they have available on the platform.
The different token types that will be encountered here are:
* [HODL](/hodl/explaining-hodl): The very first type of token needed to participate in DeOrderBook
* [$DOB](/usddob/explaining-usddob): The native governance token of the platform, which can be locked for rewards
* [SNIPER](/sniper-and-bullet/explaining-sniper-and-bullet#what-are-sniper-tokens): An option writer obligation token, generated in tandem with BULLET tokens when placing a [DeOrder](/deorders/explaining-a-deorder)
* [BULLET](/sniper-and-bullet/explaining-sniper-and-bullet#what-are-bullet-tokens): An option right token, generated in tandem with SNIPER tokens. These are awarded to eligible [$DOB lockers](/usddob/locking-usddob), and have the unique property of being able to exercise DeOrders. Tradable at the [BULLET Bazaar](/sniper-and-bullet/bullet-bazaar).
The Account page allows users to:
* View the different DeOrderBook token types available in their wallet, and their value
* Conveniently access the majority of actions available for each token type, all in one place
* View the different DeOrders they have placed and the relevant parameters
* View the different token amounts that have been staked\\
**Background:** *Crypto Cockpit*\
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Every spacefaring degen comes to DeOrderBook on some kind of spacecraft. This is yours β a cockpit ready to take you (and your funds!) to new heights on DeOrderBook.\\
# Lock
Claim earned $DOB and lock for rewards
Lock page by night
On the Lock page, users that hold [Gerege NFTs](https://github.com/DeOrderBook/deorderbook-docs/blob/main/dob-website/broken-reference/README.md) can lock the [$DOB](https://github.com/DeOrderBook/deorderbook-docs/blob/main/dob-website/broken-reference/README.md) rewards they've received from [placing DeOrders](/deorders/explaining-a-deorder). Rewards are given out in proportion to the amount of $DOB you've staked, so make sure to take a look the reward ratio to see how much you're entitled to earn compared to other users on DeOrderBook.\
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The daily [BULLET Raffle](/sniper-and-bullet/bullet-raffle) can be joined from this page, with users eligible to receive a share of [BULLET](https://github.com/DeOrderBook/deorderbook-docs/blob/main/dob-website/broken-reference/README.md) token rewards as long as they've reached the daily [eligibility threshold](/sniper-and-bullet/bullet-raffle#who-is-eligible-to-claim-bullets-from-the-bullet-raffle).\
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**Background:** *The Temple Vault*\
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Locking your hard-earned funds at the [Temple of Dobia](/the-world/concept-and-backstory) means placing them into a mysterious vault at the heart of the Temple. Nobody knows what goes on inside the vault, but it is said that [Dobia](/the-world/characters) herself draws power from all the gold placed within: giving herself even more strength to multiply it for those who follow her loyally.\\
# Claim & Exercise
Claim staking rewards and exercise DeOrders
Claim & Exercise by night
On the Claim & Exercise page, users can interact with various tokens through:
* Staking [HODL](/hodl/explaining-hodl) tokens directly
* HODL tokens [can be staked](/hodl/staking-hodl) for a basic APR without placing a DeOrder directly after being minted.
* Interacting with DeOrder pools
* [DeOrders](/deorders/explaining-a-deorder) can be unwound here at any time before they reach their expiry date, as long as users have the required amounts of matching [SNIPER and BULLET](https://github.com/DeOrderBook/deorderbook-docs/blob/main/dob-website/broken-reference/README.md) tokens
* [$DOB](/usddob/explaining-usddob) rewards earned through placing DeOrders can be collected here
* Exercising DeOrders
* Users can use [earned BULLET tokens](/sniper-and-bullet/obtaining-and-trading-bullet) to exercise DeOrders for additional profits
**Background:** *Anti-Oracle Squad Shooting Range*
It has been some time since the Oracle was driven away from the planet of DeOrderBook, full of shame for all the hard-earned money she'd lost its poor citizens. Yet, it is only a matter time before the Oracle and the hackers that follow her like a plague of locusts come back to DeOrderBook. Dobia's soldiers, the Anti-Oracle Squad, must remain ever vigilant...
# Bazaar
Trade BULLETs with other users
BULLET Bazaar by day
On the BULLET Bazaar, users will be able to trade [BULLET tokens](/sniper-and-bullet/explaining-sniper-and-bullet#what-are-bullet-tokens) that they have received as rewards for [locking $DOB.](/usddob/locking-usddob)\
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**Background:** *BULLET Bazaar - Intergalactic Marketplace*
The BULLET Bazaar has a reputation for being a place where anything can be bought and sold, if you can pay the right price. But here, everyone has their eye out for BULLET tokens: rare but powerful goods that only the most experienced traders know how to handle.
# Characters
The characters behind the protocol
***Dobia***
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Dobia is the main protagonist of the DeOrderBook protocol. She is a humanoid female Doberman who is the daughter of Anubis, the Egyptian god of dead.\
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***Valor***
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Valor is the deuteragonist of the DeOrderBook protocol. He is a humanoid male raccoon who is inspired by Rocket Raccoon in 'Guardians of the Galaxy'.\
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***The Oracle***
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The Oracle, or 'The Oracle of Delphi', represents the oracle problem that affects DeFi. She is an android version of the traditional stereotype of the Greek oracles.
# Concept and Backstory
The concept and backstory of DeOrderBook
### Introduction
Dobia is a mysterious goddess-like creature within the neo-Egyptian civilization based on the planet of DeOrderBook.
Dobia is the protector of the planet but she often has to deal with the Oracle. The Oracle was the former protector of the world, but turned out to be too vulnerable to manipulation and exploitation: resulting in her being cast out from the world which she so desperately wants to come back to again.
### **The Planet of DeOrderBook**
DeOrderBook is a lush, thrilling planet populated by all manner of denizen of the cryptoverse. Dobia's promise to all who enter her planet is that in return for their loyalty and devotion, she will protect their funds and grow them for all eternity. The planet is protected by a forcefield that repels the Oracle and those who might try to steal from the inhabitants of DeOrderBook.
Those who wish to explore the planet of DeOrderBook in all its magnificence must purchase a [Gerege](#gerege-nfts-a-passport-for-fully-exploring-deorderbook) , much like the traders and envoys of old who used Gereges to explore the ancient Mongolian empire.
### The Temple of Dobia
Many go to this planet to complete a pilgrimage to Dobia herself, at the massive temple that is the centerpiece of the entire planet.
Dobia accepts prayer offerings in the form of 'DeOrders'. Those who arrive at their temple use DeOrders to pray for their crypto price predictions: hopefully making them richer than their wildest dreams.
To thank pilgrims for their faith in making DeOrders, Dobia continually rewards them with [$DOB](https://github.com/DeOrderBook/deorderbook-docs/blob/main/the-world/broken-reference/README.md) tokens for as long as their DeOrder remains active. No matter if their prediction comes true or not, Dobia will still protect users by providing them $DOB tokens. Yet if their prediction comes true, then they will be rewarded with even further profits!
### The BULLET Bazaar
Another centrepiece of the planet of DeOrderBook is the BULLET Bazaar, an intergalactic marketplace where the valuable [BULLET](https://github.com/DeOrderBook/deorderbook-docs/blob/main/the-world/broken-reference/README.md) tokens can be bought and sold.\\
# Citizens (and Discord roles!)
Understanding DeOrderBook society from the bottom up
The planet of DeOrderBook (and its Discord channel!) is organized in a societal structure reminiscent of Ancient Egypt.\
\
Team members and users alike can be identified on Discord by their individual titles, as bestowed by Dobia of course.
### Council of Anubis:
This Discord role is reserved for management-rank members of the Product Management Office in charge of DeOrderBook.
* Pharaoh β the PM/GM
* Grand Vizier β the PO
* Viziers β PM-rank PMO leaders
### Priesthood of Dobia
This Discord role is for all core members of the DeOrderBook development team.
### Nobles
This Discord role is for any non-Core team members, collaborators, and backers.
### Soldiers
This Discord role is to be awarded to any core contributors from the DeOrderBook DAO.
### Scribes
This Discord role is for any community mods serving the protocol.
### Merchants
This Discord role is for [Gerege Gold](/gerege-nft-program/gerege-gold) NFT holders.
### Craftsmen
This Discord role is for [Gerege Silver](/gerege-nft-program/gerege-silver) NFT holders.
### Peasants
This role represents all others in the Server, at least until they rise to the challenge of promotion via purchasing an NFT, becoming a mod, or becoming a core contributor.
### Slaves (to Oracles)
This is everyone else who isn't even on the Server. If you're not trading on your DeOrderBook, you're still a slave to the Oracle and her torment of vulnerability.
####
# Explaining HODL
HODL tokens: the first step on every DeOrderBook journey
### What are HODL tokens?
Upon entering the world of DeOrderBook, users need to first mint HODL tokens from the supported cryptocurrencies held in their wallet. At launch, DeOrderBook supports `$USDC` and `$wBTC`.\
\
Different cryptocurrencies mint different HODL token types. `$USDC` mints `uHODL` tokens, while `$wBTC` mints `bHODL` tokens.
Think of HODL tokens like tickets you'd get when you enter a carnival. Just as you'd use those tickets to play different games or claim prizes at the end, HODL tokens enable you to get your collateral onto DeOrderBook and start earning!
### What can be done with HODL tokens?
#### Earn Yield
HODL tokens can be directly staked onto the platform for a basic APR, or can be used to place much more lucrative [DeOrders](https://github.com/DeOrderBook/deorderbook-docs/blob/main/hodl/broken-reference/README.md).
#### Earn Rewards
As DeOrders mature, users earn `$DOB`: the platform's native governance token.\
\
[Locking $DOB](/usddob/locking-usddob) back onto the protocol generates two types of rewards for users:\
\
\- a proportionate share of the protocol's fees according to its revenue-sharing scheme\
\- a proportion of [BULLET tokens](https://github.com/DeOrderBook/deorderbook-docs/blob/main/hodl/broken-reference/README.md)
Shares of protocol fees are paid out in HODL tokens, which are directly redeemable for cold hard crypto!
#### Redeem
Users can redeem HODL tokens for their related cryptocurrencies. `$USDC` can be redeemed with uHODL tokens, while `$wBTC` can be redeemed with bHODL tokens.\\
# Minting HODL
Mint HODL tokens from supported cryptocurrencies
### Why should I mint HODL tokens?
As mentioned in [Explaining HODL](/hodl/explaining-hodl) , supported cryptocurrencies need to be minted into HODL tokens in order to participate in DeOrderBook's ecosystem.
At launch, DeOrderBook supports `$USDC` and `$wBTC`.
### Are there any fees collected for minting HODL tokens?
No, there are no fees collected for minting HODL tokens. However, users should ensure they have enough `$ETH` in their wallet to cover any transaction costs.
### How do I mint HODL tokens?
NOTE: This guide will assume users are using Metamask and swapping `$USDC` for `$uHODL` tokens.
Minting is done at a 1:1 ratio, so users will receive the exact same number of HODL tokens as the amount of supported currency they have chosen to use.
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. On the DeOrder page, select an amount of supported cryptocurrency you'd like to use for minting HODL tokens. In the below example, 1000 `$USDC` is being used to mint 1000 `uHODL`.
Press 'Mint uHODL', and approve the transaction on your wallet. Wait for the transaction to go through, but be warned this may take a little while depending on how clogged the network is!
4. A success message will be shown when the minting transaction has succeeded.
5. Now that uHODL tokens have been minted, users a ready to [place a DeOrder](/deorders/placing-a-deorder).
# Staking HODL
Stake HODL right away for a basic APR
Besides using HODL tokens to place a DeOrder, users are able to start earning a basic APR in `$DOB` just by staking their `$bHODL` directly.
Choosing this action would limit the risk exposure of users, but would also provide much less attractive yields and rewards.
**Staking HODL**
NOTE: This guide will assume users are using Metamask and swapping staking `$uHODL`tokens.
Staking HODL directly onto DeOrderBook allows users to start earning a basic APY, although this would usually be less than the potential APYs in SNIPER pools.
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. On the 'Account' page, scroll down towards the Assets section. This is where all the tokens you have available within the DeOrderBook ecosystem are visible.
4. Look for the HODL token type you'd like to stake, then click on the small white arrow to the right to see a drop-down menu describing all the actions you can take with your HODL tokens.
5. Select 'Stake uHODL to earn DOB' from the menu.
6. A pop-up will appear, showing you the amount of HODL tokens you have available and the current vAPR you can earn from staking.\
\
Use the slider to select the percentage HODL tokens you want to stake. When you're satisfied, click the 'Stake' button.
7. Wait for the transaction to go through and you're all set.
### Where can I claim my rewards from staking HODL?
You can claim the `$DOB` rewards earned from staking HODL on the Claim and Exercise page whenever you check back onto the protocol.
### What can I do with my DOB rewards earned from staking HODL?
`$DOB` rewards can be locked back onto the platform for two types of rewards. Check [Locking $DOB](/usddob/locking-usddob) for more information!
# Redeeming HODL
Redeem HODL for supported cryptocurrencies
Whenever users are ready to reap the fruits of their labour from DeOrderBook, they can redeem supported cryptocurrencies back from the HODL tokens in their wallet.
At launch, DeOrderBook supports `$USDC` and `$wBTC`.
### Are there any fees collected for redeeming HODL?
Yes, there is a minimal fee of 0.2% collected when redeeming HODL tokens.
### How can I redeem HODL for a supported cryptocurrency?
NOTE: This guide will assume users are using Metamask and redeeming `$USDC` with `$uHODL` tokens.
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. On the 'Account' page, scroll down towards the Assets section. This is where all the tokens you have available within the DeOrderBook ecosystem are visible.
4. Look for the HODL token type you'd like to stake, then click on the small white arrow to the right to see a drop-down menu describing all the actions you can take with your HODL tokens.
5. Select 'Redeem USDC' from the menu.
6. Approve the transaction, wait for it to go through: and you've successfully redeemed your HODL tokens.\
### Tutorial Video π₯ : Redeeming HODL Tokens
{% embed url="" %}
Redeeming back supported cryptocurrencies from your HODL tokens is simple.
{% endembed %}
# Explaining a DeOrder
The core functionality of the DeOrderBook protocol
### What is a DeOrder?
DeOrders are to users, a limit order. However, behind the scenes they work as a minimal-risk way to sell calls or puts. They work similarly to CeFi warrants.
#### Making a DeOrder
To make a DeOrder, users can choose a strike price, as well as select a stated amount of `$bSNIPER` to buy at that price. They then select an expiration date for their order, upon which they will be quoted an expected APR.\
\
Making a DeOrder results in entering a pool, of which each has a unique combination of strike prices and maturity dates that is reflected in the naming of each pool. As in a CeFi warrant, being invested into a pool gives users the obligation to buy or sell cryptocurrencies once they have reached specific values.\
\
DeOrders continue accruing `$DOB` rewards as they age towards the maturity date. Users obviously profit the most from having their DeOrders go 'in the money'. Yet, even if the DeOrder does not end up 'in the money', users are able to receive back the majority of the original collateral they put into the DeOrder, less a 0.2% fee.
### How are DeOrder pools named?
Pools are named using the below three-part convention.
| Date | Strike | Type |
| ----- | ------- | ---- |
| Alpha | | |
| Beta | Deluxe | |
| Gamma | Grand | Bull |
| Delta | Supreme | Bear |
| Omega | | |
#### Date:
The date value changes every Friday.
**Strike:**
This represents how far the strike price of the DeOrder is from the reference price, with Deluxe being the nearest and Supreme being the farthest.
**Type:**
Bull pools are for 'buy' orders, while Bear pools are for 'sell' orders.
### How many staking pools are there?
At launch, DeOrderBook will have 18 staking pools, all with no fixed lock-in period to offer users maximum flexibility.
### What happens to my HODL tokens when I place a DeOrder?
Once a user places a DeOrder, their HODL tokens are automatically sent into the selected pool.\
\
In addition, the related [SNIPER and BULLET](https://github.com/DeOrderBook/deorderbook-docs/blob/main/deorders/broken-reference/README.md) tokens are automatically minted. Each of these tokens will be uniquely encoded with the strike price and maturity of the selected pool that has been entered.
#### SNIPER tokens
The SNIPER tokens generated by the DeOrder will be kept in the wallet of the user who placed the DeOrder. These can be used to unwind the DeOrder if the user wants their collateral back early.\
\
**BULLET tokens**\
\
The BULLET tokens generated by the DeOrder are sent to the DeOrderBook Treasury. 20% of these are retained by the Treasury as fees, while the other 80% are distributed to eligible DOB lockers as rewards via a daily [BULLET raffle](/sniper-and-bullet/bullet-raffle).
### How to unwind a DeOrder if I need my collateral back?
DeOrders can be unwound using the SNIPER tokens generated at the time of placing the DeOrder, and the matching BULLET tokens.
BULLET tokens can be purchased from sellers at the [BULLET Bazaar.](/sniper-and-bullet/bullet-bazaar)
### Is there a lock-in period within which I cannot unwind my DeOrder?
No, DeOrders have no minimum lock-in period and can be unwound at any time as long as the users holds the required BULLET tokens and an amount of HODL tokens matching the strike price.
### I need to select from pre-defined strikes and expiry dates to make a DeOrder. When will I be able to choose my own?
User-selected strike prices and expiry dates are an integral upcoming part of the DeOrderBook development roadmap.
# Placing a DeOrder
A guide to placing a DeOrder
### What kind of DeOrder should I be placing?
There are two kinds of DeOrders available.
* [DeOrder/Buy](/deorders/placing-a-deorder/how-do-i-place-a-deorder-buy): This should be performed by users that believe the price of a cryptocurrency is going down and that want to 'buy on the dip' at a certain price.
* Placing a 'DeOrder/Buy' order indicates you'd like to buy a certain amount of `$wBTC` (in the form of `$bHODL`) in exchange for a certain amount of `$USDC` (in the form of `$uHODL`).
* [DeOrder/Sell](/deorders/placing-a-deorder/how-do-i-place-a-deorder-sell): This should be performed by users that believe the price of a cryptocurrency is going up and that want to 'sell the top' at a certain price.
* Placing a 'DeOrder/Sell' order indicates you'd like to sell a certain amount of `$wBTC` (in the form of `$bHODL`) in exchange for a certain amount of `$USDC` (in the form of `$uHODL`).
### Tutorial Video π₯ : How to Place a DeOrder
{% embed url="" %}
Enjoy a full video tutorial on how to place a DeOrder.
{% endembed %}
###
# How do I place a DeOrder/Buy?
Buying the dip with DeOrderBook
### How do I place a DeOrder/Buy?
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask, and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. Make sure you're on the [DeOrder page](/dob-website/deorder), as shown below. You should also have already [minted HODL tokens](/hodl/minting-hodl) to use as collateral for your DeOrder. If you don't have enough HODL tokens, you'll be prompted to mint some before being able to place a DeOrder.
**You'll need to mint $uHODL tokens from $USDC to place a Deorder/Buy.**
Users are prompted to mint HODL tokens before being able to place a DeOrders
4. On the upper dropdown, you will be able to select 'uHODL' or 'bHODL' once you've minted the appropriate HODL tokens. Since we are placing a DeOrder/Buy, we will select 'uHODL' and the amount we'd like to buy with.
Select the right HODL token for the DeOrder type you want
5. Once you've input the desired amount of uHODL to buy with, as well as an expiry date and strike price: a vAPR will be shown and the 'Approve' button will turn green as shown below. Click 'Approve' and allow Metamask to use your HODL tokens.
Once an amount, strike, and expiry are chosen: your wallet will request approval to use your HODL tokens
6. A grey 'Transaction success!' message will appear on the upper righthand corner once your wallet has been approved to use HODL tokens. The green button on the DeOrder model should now show 'Buy to Earn' and a projected APR. Click 'Buy to Earn' to process the DeOrder.
Click 'Buy to Earn' if you're satisfied with all the parameters and the vAPR!
You'll see a coin flipping animation start as the network processes your DeOrder. It might take a while: but don't worry, networks get clogged sometimes but your transaction will go through soon!
Deorder waiting animation...
7. Once the transaction has successfully gone through, you'll receive a pop-up of the Goddess Dobia showering you with $DOB rewards, as well as a detailed summary of the full transaction details.
Dobia rewards loyalty!
8. Congratulations, you've placed a DeOrder! Now sit back and start watching those [$DOB](https://github.com/DeOrderBook/deorderbook-docs/blob/main/deorders/placing-a-deorder/broken-reference/README.md) rewards come pouring in!
# How do I place a DeOrder/Sell?
Selling the top with DeOrderBook
### How do I place a DeOrder/Sell?
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask, and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. Make sure you're on the [DeOrder page](/dob-website/deorder), as shown below. You should also have already [minted HODL tokens](/hodl/minting-hodl) to use as collateral for your DeOrder. If you don't have enough HODL tokens, you'll be prompted to mint some before being able to place a DeOrder.\
\
**You'll need to mint $bHODL tokens from $wBTC to place a Deorder/Sell.**
Users are prompted to mint HODL tokens before being able to place a DeOrders
4. On the upper dropdown, you will be able to select 'uHODL' or 'bHODL' once you've minted the appropriate HODL tokens. Since we are placing a DeOrder/Sell, we will select 'bHODL' and the amount we'd like to sell with.
Select the right HODL token for the DeOrder type you want
5. Once you've input the desired amount of bHODL to sell with, as well as an expiry date and strike price: a vAPR will be shown and the 'Approve' button will turn red as shown below. Click 'Approve' and allow Metamask to use your HODL tokens.
Once an amount, strike, and expiry are chosen: your wallet will request approval to use your HODL tokens
6. A grey 'Transaction success!' message will appear on the upper righthand corner once your wallet has been approved to use HODL tokens. The red button on the DeOrder model should now show 'Sell to Earn' and a projected vAPR. Click 'Sell to Earn' to process the DeOrder.
Click 'Sell to Earn' if you're satisfied with all the parameters and the vAPR!
You'll see a coin flipping animation start as the network processes your DeOrder. It might take a while: but don't worry, networks get clogged sometimes but your transaction will go through soon!
DeOrder waiting animation...
7. Once the transaction has successfully gone through, you'll receive a pop-up of the Goddess Dobia showering you with `$DOB` rewards, as well as a detailed summary of the full transaction details.
Dobia rewards loyalty!
8. Congratulations, you've placed a DeOrder! Now sit back and start watching those [$DOB](https://github.com/DeOrderBook/deorderbook-docs/blob/main/deorders/placing-a-deorder/broken-reference/README.md) rewards come pouring in!
# Unstaking SNIPER and unwinding
Unstake SNIPER to unwind your DeOrder early
Perhaps you've placed a DeOrder and the odds of it going in the money aren't looking good. Or perhaps you're just looking for a little more flexibility with your crypto assets and want to move things around.\
\
No matter your reason, DeOrderbook's vision of offering unmatched capital flexibility to users gives users the chance to unstake their SNIPER tokens from the DeOrder pool, returning their collateral to them as HODL tokens to try again with a [new DeOrder ](/deorders/explaining-a-deorder)or [redeem HODL](/hodl/redeeming-hodl) for supported cryptocurrency.
### How do I unstake SNIPER tokens?
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask, and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. Go to the 'Claim & Exercise' page and scroll down to the SNIPER pools you are participating in. Select the pool you want to unstake your SNIPER from and click 'Unwind' at the middle of the selection box.
Select 'Unwind' to continue.
4. Clicking 'Unwind' will bring up another pop-up where you can select an amount to unwind. You'll need to have the matching amount of BULLET and SNIPER tokens in your wallet to be able to Unwind. But first, you'll be required to unstake the SNIPER tokens out of the DeOrder pool they are in. Click 'Unstake SNIPER' to continue.
Unstaking comes before unwinding
5. Once the transaction for unstaking SNIPER has gone through, you will then be able to unwind your SNIPER tokens. Ensure that you have enough BULLET tokens matching the SNIPER amount you want to unwind, then click 'Unwind SNIPER'.
# Explaining SNIPER and BULLET
With SNIPER and BULLET, your options are endless
Everytime a user places a [DeOrder](/deorders/explaining-a-deorder), they generate an amount of SNIPER and BULLET tokens matching the amount of HODL tokens they used to place the DeOrder.
### What are SNIPER tokens?
SNIPER tokens represent the option writer obligation, meaning the commitment to honor the order if it reaches the desired strike price before the chosen expiry date.
#### SNIPER token classes
SNIPER tokens come in a variety of **classes**. Each class consists of two parameters, a *strike* and an *expiration*. Expressed as follows:
$(asset)SNIPER${strike}β{expiry}
For example, the SNIPER issued for locking `$bHODL` tokens, with a strike of $60,000 and expiry on 1-JUN-2023 will be known as $bSNIPER60000β20230601.
#### SNIPER use cases
* SNIPER tokens are staked into the chosen DeOrder pool, where they automatically and consistently earn $DOB rewards until the DeOrder reaches its expiry date.
* SNIPER tokens can be combined with matching BULLET tokens to early unwind a DeOrder. This allows users to take back their collateral if it's looking unlikely their order will go in the money, maximizing capital flexibility.
### What are BULLET tokens?
BULLET tokens allow savvy market participants to execute DeOrders in a decentralized fashion according to principles of economic rationality and game theory. BULLET tokens represent the option buyer's right to exercise. [Gerege Gold ](/gerege-nft-program/gerege-gold)NFT holders are awarded BULLET tokens when locking `$DOB` rewards back onto the protocol.
#### BULLET token classes
BULLET tokens come in a variety of **classes**. Each class consists of two parameters, a *strike* and an *expiration*. Expressed as follows:
$(asset)BULLET${strike}β{expiry}
For example, the SNIPER issued for locking `$bHODL` tokens, with a strike of $60,000 and expiry on 1-JUN-2023 will be known as $bBULLET60000β20230601. BULLET tokens of different classes are not fungible or directly interchangeable.
#### BULLET use cases
* BULLET tokens are sent upon generation to the protocol Treasury, where 20% is collected as fees. The remaining 80% is distributed to eligible users who have[ locked $DOB](/usddob/locking-usddob), distributed via a daily [BULLET Raffle](/sniper-and-bullet/bullet-raffle).
* BULLET tokens can be traded amongst users at the [BULLET Bazaar](/sniper-and-bullet/bullet-bazaar). Buying BULLET tokens is an open feature at launch, but selling BULLET tokens will only be available for certain whitelisted addresses.
* As part of its commitment to progressive decentralization, DeOrderBook will consult the community in the near future on implementing BULLET sales for a wider segment of users.
### What happens if I don't do anything with my claimed BULLET tokens?
BULLET tokens that are not either sold or used for exercising DeOrders will expire 24 hours after the corresponding SNIPER expiration date.
# Obtaining and Trading BULLET
Making the most of BULLET tokens
BULLET tokens have important and unique uses:
* to exercise bespoke options at expiry and;
* to be combined with corresponding SNIPER tokens to unlock HODL tokens.
To ensure that users who wish to perform such actions can purchase the BULLET tokens they need, while also benefiting those who have received BULLET tokens but only want to sell them for profit, DeOrderBook has created a [BULLET Bazaar ](/sniper-and-bullet/bullet-bazaar)where users can freely trade BULLET tokens P2P prior to their expiry.
### Where can I get BULLET tokens?
If you've locked the required amount of DOB to qualify for entrance to the BULLET Raffle, you can [claim your share ](/sniper-and-bullet/bullet-raffle#how-do-i-claim-bullets-from-the-bullet-raffle)of BULLETS on that page. Claims expire if not manually used.\
\
Otherwise, BULLET tokens will be available for purchase at the [BULLET Bazaar.](/sniper-and-bullet/bullet-bazaar)
# Exercising DeOrders with BULLETs
Exercise call options before they reach maturity
BULLET holders may choose to exercise DeOrders that have reached maturity and reached the chosen strike price.
### What do I need if I want to exercise a DeOrder?
In order to exercise a DeOrder, you will need:
* the correct amount of BULLET tokens with matching strike price and expiry parameters to the DeOrder you wish to exercise
* the amount of HODL tokens that match the chosen strike price o the DeOrder
### How do I exercise a DeOrder?
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask, and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. Go to the ['Claim & Exercise' page.](/dob-website/claim-and-exercise)
4. Scroll down to find the BULLET tokens that you want to exercise. Ensure that you have the required collateral to match the strike price encoded in the BULLET tokens.
5. Upon selecting the BULLET tokens you want to exercise, you'll be faced with a pop-up prompting you to select the number of HODL tokens you want to use to exercise.
You'll need to approve your wallet using your HODL tokens
Click 'Allow DeOrderBook to use your HODL' and wait for the transaction to be approved through Metamask.
6. A success message will appear once the HODL tokens have been approved for use. Select the amount you'd like to use to exercise the BULLET tokens.
Make sure you have enough HODL, or you'll be prompted to mint more from supported collateral before continuing
The 'Exercise' button will turn blue once you're all set. Click it and exercise those BULLET tokens!
### Tutorial Video π₯ : Exercising BULLET tokens
{% embed url="" %}
BULLET tokens can be exercised: make sure you have the correct amount of HODL tokens needed or easily mint more before exercise.
{% endembed %}
# BULLET Bazaar
An intergalactic marketplace just for BULLETs
A BULLET P2P marketplace will be launched together with DeOrderBook Core, allowing users maximum flexibility in putting their BULLET tokens up for sale and bidding those needed from other users. This marketplace is branded as the **BULLET Bazaar** within the world of the DeOrderBook protocol.
### **Who can use the BULLET Bazaar?**
The BULLET Bazaar will initially only be available for use by users that hold [Gerege Gold](/gerege-nft-program/gerege-gold) NFTs.\
\
Every day at 9 am UTC, a daily raffle is held distributing BULLETs amongst eligible users who have locked the required amount of `$DOB`, the platform's native governance token within the last epoch.
Users can manually claim their share of BULLETs after the raffle is held each day. At launch, only those users that hold Gerege Gold NFTs will be able to claim BULLETs. Possessing such an NFT will also open up access to the BULLET Bazaar.
### **What else can be done at the BULLET Bazaar?**
At the BULLET Bazaar, users are able to view all the BULLETs available for sale: together with parameters such as the exercise date, exercise price, OTC open times and OTC prices.\
\
Users will be able to trade BULLETs and use a special interface where pricing, sizing and order status can all be adjusted for maximum control over trading advantages.\
\
BULLETs can be bought and sold for HODL tokens, which can be minted with supported cryptocurrencies.
### Who can trade on the BULLET Bazaar?
At launch, all addresses will be able to sell BULLET tokens from the BULLET Bazaar. Only whitelisted addresses will be able to buy BULLET tokens until further consultation with the DeOrderBook community.
### How do I sell my BULLETs?
1. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
2. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask, and Wallet Connect. For ease of explanation, this tutorial will use Metamask.
3. Head to the Bazaar tab at the upper right corner of the top navigation bar.
4. On the Bazaar tab, all the BULLETs you have earned are shown on-screen.
View earned BULLETs on the BULLET Bazaar
BULLET tokens can be sold individually by pressing 'Sell' to the right of the tokens you'd like to put on sale.
* Select 'Bulk Sell' at the bottom of the respective uBULLET and bBULLET sections to put all BULLETs of the same type on sale.
5. When you put BULLET tokens on sale, a pop-up will appear prompting you to select the amount of BULLETs to put on sale, as well as the OTC reference price. Sales last for 24 hours each, upon which the BULLET tokens will be taken off sale automatically.
Select the parameters of the BULLET sale you'd like to execute
Feel free to quote a lower or higher asking price than the reference price, then sit back to see if your sale will go through.
### Taking BULLETs off sale
To take BULLET tokens down from sale, select 'Off Shelf' to the right of the tokens you'd like to take off from sale.
* Select 'Bulk Off Shelf' at the bottom of the respective uBULLET and bBULLET sections to take all BULLETs of the same type off sale.\
### Tutorial Video π₯ : Selling BULLETs on BULLET Bazaar
{% embed url="" %}
Earned BULLETs can be either sold on the BULLET Bazaar or used to exercise options.
{% endembed %}
# BULLET Raffle
A daily auction for eligible users to claim BULLETs
[Locking $DOB](/usddob/locking-usddob) allows for two types of rewards. One of these rewards is the ability to manually claim a share of BULLET tokens from a daily BULLET Raffle.
### Where do the BULLETs distributed in the BULLET Raffle come from?
Whenever a [DeOrder](/deorders/explaining-a-deorder) is placed using a certain amount of HODL tokens, a matching amount of [SNIPER and BULLET](https://github.com/DeOrderBook/deorderbook-docs/blob/main/sniper-and-bullet/broken-reference/README.md) tokens is generated.\
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Once generated, BULLET tokens are sent to the Treasury, where 20% is collected as protocol fees. The remaining 80% is distributed as rewards to eligible users who have locked a qualifying amount of `$DOB` to participate in the BULLET Raffle.
### Who is eligible to claim BULLETs from the BULLET Raffle?
A [Gerege Gold NFT](/gerege-nft-program/gerege-gold) is required for users to claim BULLETs. In addition, there is a daily eligibility threshold of 1000 locked `$DOB`, required to be met in order to to participate in the BULLET raffle.
Once the required amount of `$DOB` has been locked, users will be notified of receiving the right to claim BULLETs that day. Users should make sure to claim their share of BULLETs before their right expires!
### How do I claim BULLETs from the BULLET Raffle?
BULLET rewards can be claimed on the [Lock page](/dob-website/lock), via the below process.
1. Navigate to the Lock page, and enter the BULLET raffle via the modal at the top of the screen.
Join the BULLET Raffle!
2. On the BULLET Raffle, a list of the BULLETs available for claiming in the Raffle that day will be shown.
Make sure you've reached that eligibility threshold...
If you haven't yet reached the daily qualification threshold of locking 1000 `$DOB`, you won't be able to claim. So once you qualify, don't waste your chance to grab a share of BULLETs!
2. Look for the blue 'Claim' button in the middle right side of the page, just above the 'Add to Lock' section.
On the BULLET Raffle page, you can claim BULLETs or lock more of your earned DOB
3. Select 'Claim' and wait for the transaction to go through on Metamask: watch out for the coin-flipping waiting GIF!
4. Once the transaction is processed successfully, you'll be shown a pop-up with the details of the BULLETs you were succesfully able to claim.
A BULLET a day keeps the Oracle away...
### Tutorial Video π₯ : Claiming BULLET Rewards from Raffle
{% embed url="" %}
Join the Daily Raffle to claim your share of daily generated BULLET tokens.
{% endembed %}
# Explaining $DOB
The native governance utility token of the protocol
`$DOB` is the native governance utility token of the platform. Along with allowing users to participate in community governance via proportional voting rights, the `$DOB` token can be locked back onto the protocol for a whole new world of earning opportunities.
### How do I earn $DOB?
`$DOB` is earned continuously once a [DeOrder has been placed](/deorders/placing-a-deorder). Rewards will continue to accumulate until the DeOrder has reached its expiry date.\
\
Users should make sure to check back onto the protocol often to manually claim their rewards.
### What can I do with $DOB?
`$DOB` allows users to participate in a decentralized community known as the DAO (Decentralized Autonomous Organization). Decisions concerning the protocol and its future will all be made with the team and the DAO in full collaboration, in the spirit of true decentralization.
In addition to making users a vital part of the community, `$DOB` can further boost earnings:
* `$DOB` can be sold on DEXs like Uniswap via liquidity pools
* `$DOB` can be [locked onto](/usddob/locking-usddob) the DeOrderBook platform for further rewards for users holding [Gerege NFTs](/gerege-nft-program/dual-tier-nfts-silver-and-gold)
\\
# Claiming $DOB
Get your $DOB rewards from placed DeOrders
`$DOB` rewards are earned at a continuous steady rate all the way from the moment a DeOrder is placed to its expiry date.
`$DOB` rewards must be claimed manually via the [Claim & Exercise](/dob-website/claim-and-exercise) page.
### How do I claim my $DOB rewards?
1. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask and Wallet Connect.
2. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
3. Navigate to the Claim & Exercise page.
4. Scroll to the SNIPER section of the page. This will show all pools you have entered after placing a DeOrder.
5. Look for the DeOrder pool you'd like to claim from, and click the 'Claim' button.
More SNIPER pools will be displayed based on how many DeOrders placed.
6. After approving the transaction on Metamask and waiting for it to go through, you will see a Success pop-up confirming the transaction success and relevant details.
You've successfully claimed a massive amount of $DOB!
### Tutorial Video π₯ : Claiming $DOB Tokens
{% embed url="" %}
Learn how to claim $DOB tokens earned from placing DeOrders.
{% endembed %}
# Locking $DOB
Lock $DOB for even more additional benefits
Locking `$DOB` is the key to making the most profits within the DeOrderBook ecosystem. Users should ensure they regularly claim the `$DOB` rewards earned from making DeOrders while also locking them back in as often as possible.
### What rewards can I earn from locking $DOB?
Locking `$DOB` provides two types of rewards to [NFT holders](/gerege-nft-program/dual-tier-nfts-silver-and-gold) on the `$DOB` ecosystem:
* a share of protocol fee revenue, paid out in[ HODL](/hodl/explaining-hodl) tokens
* a share of [BULLET ](/sniper-and-bullet/explaining-sniper-and-bullet#what-are-bullet-tokens)tokens collected from daily generated DeOrders, exclusively awarded to [Gold Gerege NFT ](/gerege-nft-program/gerege-gold)holders
**Protocol Revenue-sharing**
50% of all fees generated by the platform are distributed back to users via a revenue-sharing scheme paid out in HODL tokens. Paying out rewards in HODL, which is directly redeemable for supported cryptocurrencies such as `$USDC` and `$wBTC`, ensures that DeOrderBook remains Ponzinomics-free while its users enjoy earning real yield.
Rewards can be manually claimed on the [Claim & Exercise page](/dob-website/claim-and-exercise) .
**BULLET token share**
Whenever a DeOrder is placed using HODL tokens, a matching amount of [SNIPER and BULLET](https://github.com/DeOrderBook/deorderbook-docs/blob/main/usddob/broken-reference/README.md) tokens are generated. While the SNIPER tokens are placed in the DeOrder pool and start earning `$DOB` rewards, the BULLET tokens are sent to the Treasury.
20% of BULLET tokens generated daily are kept by the Treasury as fees, while the remaining 80% are redistributed back to eligible $DOB lockers via a daily [BULLET Raffle](/sniper-and-bullet/bullet-raffle).
### How long is my $DOB locked for?
`$DOB` is locked for a 30-day period.
### How do I lock $DOB?
1. Connect your supported wallet to the platform. At the time of writing, DeOrderBook supports Metamask and Wallet Connect.
2. Visit the DeOrderBook website at [www.deorderbook.com](http://www.deorderbook.com) .
3. Navigate to the Lock page.
4. On the left side of the Lock page, you will see a window prompting you to select an amount of $DOB to lock. You may either manually enter a value in the text window, or use the slider to select a percentage of your available `$DOB`to lock.\
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When you've selected how much `$DOB` you want to lock, press the 'Lock' button.
The Lock page on DeOrderBook
### Tutorial Video π₯ : Locking $DOB Tokens
{% embed url="" %}
Get a quick primer on how to lock $DOB tokens for even more protocol rewards.\
{% endembed %}
### Tutorial Video π₯ : Claiming HODL Rewards from Locking
{% embed url="" %}
Locking $DOB earns you rewards in HODL tokens: learn how to claim them here!
{% endembed %}
# Dual-Tier NFTs: Silver and Gold
Explaining DeOrderBook's dual-tier NFT concept
During its beta and soft launch, DeOrderBook will be available for all users on the Goerli testnet.
However, the juiciest rewards on DeOrderBook are available to those who join the Gerege NFT program and level up their NFTs for greater and greater rewards.
The DeOrderBook NFT comes into two tiers: Gerege Gold and Gerege Silver, each suited for different user types.
The Gerege Silver NFTs are open for purchase by all users, with a random chance to obtain a special 1/1 NFT when minting.\
\
Gerege Gold NFTs are only available for purchase by specific whitelisted addresses.
### What is the inspiration behind the Gerege NFT program?
Long ago at the height of the renowned Mongolian empire, traders who had attained the favor of the Khan would be issued a 'Gerege': tablets that assured them free passage around the Empire and the right to trade as they pleased.
In the world of DeOrderBook, Gereges are revived in the form of a dual-tier NFT program that unlocks the full potential of the protocol just as true Gereges unlocked full exploration around the empire.
### **What are the difference between Gerege Silver and Gerege Gold)?**
DeOrderBook is launching with an NFT series available for optional purchase by users, entitled [Gerege](https://github.com/DeOrderBook/deorderbook-docs/blob/main/gerege-nft-program/broken-reference/README.md) .The ordinary class of NFTs are called [*Gerege Silver*](/gerege-nft-program/gerege-silver), while the premium class is called [*Gerege Gold*](/gerege-nft-program/gerege-gold).
#### Gerege Silver
Gerege Silver NFTs are targeted at retail users, and would provide additional revenue-sharing through a *ranking and leveling* system which will allow the DOB core team to set campaigns with desired user actions and award points which can then be spent by the user in *leveling-up*, resulting in the desired benefits on-chain.
**Gerege Gold**
Gerege Gold NFTs will be for business users, and provides all the benefits of the ordinary class plus the ability to claim option rights tokens or "BULLETs", and sell them via a convenient interface called the [BULLET Bazaar](/sniper-and-bullet/bullet-bazaar).
### Tutorial Video π₯ : Minting a Gerege Silver NFT
{% embed url="" %}
Get your hands on a Gerege Silver NFT today!
{% endembed %}
# Gerege Silver
Introducing the Gerege Silver NFTs...
Just one of 10,000 Gerege Silver NFTs up for grabs...
### What's the inspiration behind the Gerege Silver designs?
Gerege Silver NFTs take inspiration from anime, cyberpunk, and classic shoot-em-ups to create a playful series of NFTs that feature the Tiratores. Each NFT features a unique Tiratore, each filled with love (and lust!) for all the juicy `$DOB` rewards up for grabs on the protocol.
In the world of DeOrderBook, Tiratores (or Tiras for short) are a proud race of yield-hungry raccoon explorers from the βDeGenβ sector of the cryptoverse. They are led by the feisty space soldier [Valor](/the-world/characters), a devotee of the planet of DeOrderBook and its all-powerful goddess Dobia.
### How much does a Gerege Silver NFT cost?
Issued on an ERC-721 standard, each Gerege Silver NFT starts at Level 1 and comes at a price of 0.1 `$ETH`. The DeOrderBook treasury guarantees a buyback price of 0.1 `$ETH` to its users.
### What are the benefits of being a Gerege Silver NFT holder?
Gerege Silver NFTs unlock additional revenue-sharing via "Ranking and Leveling" system. Additional perks will include airdrops, "preferred dividends", and Discord perks.
### How to level up my Gerege Silver NFT?
Freshly-minted Gerege Silver NFTs start at Level 1, with a maximum possible level of 100. Each Level provides an additional 0.5% in revenue-sharing, this system will be off-chain for starters, additional revenue-sharing will happen once a month instead of per-block.
In order to "level-up", Gerege Silver NFT holders must gain enough "experience points" (XP) to meet the benchmark for the next Level.
The requirements to earn points and the benchmarks to "level-up" will change based on different seasonal campaigns. For example, points can be given for referring a new user, taking multiple positions in a given week, participating in social media campaigns, etc.
### Will my Gerege Silver NFT carry my XP and Level?
During the "season", NFT holders can write points they accumulate to their NFTs and also level-up by calling a contract method, so the NFT itself can carry their XP and Level values. When seasons change, new benchmarks for leveling-up and a new chart of actions that give XP will be released, to keep the system dynamic.
### How do I purchase a Gerege Silver NFT?
Gerege Silver NFTs can be purchased via the NFT minting applet, which also allows users to put their NFTs up for auction and view others that have been put up for sale as well.\
\
Even more excitingly: minting a Gerege Silver NFT offers users a chance to win one of 10 exclusive, hand-drawn and individually themed 1/1 NFTs.
# Gerege Gold
Introducing the Gerege Gold NFTs...
One of 100 individually hand-drawn NFTs depicting the life of Dobia.
### What's the inspiration behind the Gold Gerege designs?
Gold Gerege NFTs take inspiration from ancient mythology, anime, and cyberpunk holograms to create an engaging series of NFTs.
Each of the 100 Gold Gerege NFTs available at launch is completely handdrawn. Each NFT features holographic representations of different scenes within the life of [Dobia,](/the-world/characters) the goddess who created the planet of DeOrderBook, up to her βcreationβ of the DeOrderBook. All together, the 100 NFTs describe the origin story of Dobia and how she came to create the planet of DeOrderBook.
### How much does a Gold Gerege NFT cost?
Issued on an ERC-721 standard, each Gold Gerege NFT starts at Level 5 and comes at a price of 0.1 `$ETH`. The DeOrderBook treasury guarantees a buyback price of 0.1 `$ETH` to its users.
### What are the benefits of being a Gold Gerege NFT holder?
Gold Gerege holders are eligible for greater revenue-sharing perks, starting at Level 5 with an additional 2.5% to their base revenue-sharing.
#### BULLET Bazaar access
More uniquely, only Gold Gerege holders will be able to claim a share of [BULLET ](https://github.com/DeOrderBook/deorderbook-docs/blob/main/gerege-nft-program/broken-reference/README.md)tokens generated from each limit order. They will also be granted exclusive access to the [BULLET Bazaar](/sniper-and-bullet/bullet-bazaar), where users can trade BULLETs and take advantage of a special interface where they will be uniquely able to set pricing, sizing and order status.
### How to level up my Gold Gerege NFT?
In terms of leveling up, Gerege Gold NFT holders can participate in the same ranking and leveling system as the Silver tier. Both Silver and Gold Gerege holders earn XP for the same actions, at the same rate.
#### Ranking and Leveling System
Each Level provides an additional 0.5% in revenue-sharing, this system will be off-chain for starters, additional revenue-sharing will happen once a month instead of per-block.
In order to "level-up", NFT holders must gain enough "experience points" (XP) to meet the benchmark for the next Level.
The requirements to earn points and the benchmarks to "level-up" will change based on different seasonal campaigns. For example, points can be given for referring a new user, taking multiple positions in a given week, participating in social media campaigns, etc.
### Will my Gold Gerege NFT carry my XP and Level?
During the "season", NFT holders can write points they accumulate to their NFTs and also level-up by calling a contract method, so the NFT itself can carry their XP and Level values. When seasons change, new benchmarks for leveling-up and a new chart of actions that give XP will be released, to keep the system dynamic.
### How do I purchase a Gold Gerege NFT?
At present, Gold Gerege NFTs are only available for minting through specific whitelisted addresses.
# Contract Addresses
Easily access all relevant contract addresses on our Github
You will find our contracts deployed at the following addresses on Ethereum Mainnet (links to Etherscan). The full list of contract addresses is [available on Github](https://github.com/DeOrderBook/v1-core/releases/tag/v1.0.0).
# FAQs
Commonly asked questions
### **What is DeOrderBook?**
DeOrderBook can best be described as a yield enhancer DEX, where users can earn while they simply hold their favourite tokens, place limit orders, or take part in simplified optionality.
### What is DeOrderBook looking to achieve?
The goal of DeOrderBook is to abstract from complex financial engineering while allowing users to maximise their potential earnings from exposure to their favourite tokens.
The protocol's mission is to become a one-stop ecosystem that actively incentivizes greater user participation and greater precision in investment strategy.
### **How does DeOrderBook work?**
On DeOrderBook, there are 4 main tokens that users would be interacting with: `$DOB`, the native token of the platform, HODL tokens, SNIPER tokens and BULLET tokens.
In a nutshell, DeOrders can be used to turn HODL tokens into SNIPER tokens, through using strike and expiry. SNIPER tokens will then be automatically staked into the relevant pool (with matching strike and expiry) to earn $DOB rewards continually until the maturity date is reached.
Meanwhile, DeOrders also generate BULLET tokens, but BULLET tokens are sent as rewards to those who have locked their $DOB. A fixed number of $DOB per day will be shared by all stakers within the pool, in proportion with their staking size.
**To get started,** users must first use their supported currencies (currently `$wBTC`and `$USDC`) to mint the associated HODL tokens (bHODL and uHODL). Minting is done at a 1:1 ratio with **zero** associated fees, besides gas.
Once a user has their HODL tokens in hand, they can choose to either to
* a) stake HODL directly onto DeOrderBook
* b) use HODL to mint SNIPER tokens.
Direct staking will allow for a basic APY to be earned, but this would typically be less than the potential APYs to be earned from using SNIPER tokens to perform the DeOrder action.
DeOrder involves minting HODL into SNIPER: choosing a price at which to mint, a stated amount, and an expiry date. The expiry date would determine the APY.
Throughout, users are rewarded with $DOB tokens, the native token of the platform that also functions as a governance token. $DOB tokens can be locked to receive a portion of BULLET rewards and rebates, with BULLET tokens able to be traded freely among users on the BULLET Marketplace. `$DOB` tokens may also be sold on PancakeSwap via the `$DOB` liquidity pool.
**Why use DeOrderBook?**
DeOrderBook sets itself aside from the competition by being the first DeFi protocol that brings value from outside liquidity without relying on internal competition. No longer do users have to simply HODL their most beloved cryptocurrencies while losing out on profiting from the exciting volatility of the markets.
DeOrderBook offers every user an absolutely secure way to participate in derivatives markets without needing deep financial engineering expertise and without risking their long-held bags.
**What fees are associated with using DeOrderBook?**
The DeOrderBook protocol aims to incentivize greater user adoption, charging no fees for minting HODL tokens from supported cryptos.
A 0.2% fee is collected by the protocol in the following 4 actions:
* unlocking: combining SNIPER and BULLET tokens to early unwind calls and unlock HODL tokens
* exercising: combining BULLET and HODL tokens to exercise calls and/or puts that are most likely in-the-money
* collecting: using SNIPER tokens to collect HODL tokens whether or not calls/puts are or are not exercised
* redeeming: rolling back HODL tokens to supported cryptos
**Why join DeOrderBook's soft launch?**
During DeOrderBook's soft launch, all functions will be available for new users to try out the protocol. DeOrderBook's core vision is to create an exclusive community centred around a gamified conceptionalization of the 'Trade to Earn' concept.
Soft launch participants will be added to a pool where they may be randomly selected for further interviews by the team. There are a slew of perks planned for those joining our beta tests: such as airdrops, priority whitelisting for NFT minting on mainnet and unique Discord roles... just to name a few! Stay tuned for more news soon.
# Tutorial Videos
Enjoy all the protocol's tutorial videos in one handy place
## π₯ DeOrderBook Intro Video
{% embed url="" %}
## π₯ How DeOrderBook Works
{% embed url="" %}
## π₯ How to Place a DeOrder
{% embed url="" %}
## π₯ Claiming $DOB Tokens
{% embed url="" %}
{% endembed %}
## π₯ Locking $DOB Tokens
{% embed url="" %}
## π₯ Claiming HODL Rewards from Locking
{% embed url="" %}
## π₯ Selling BULLETs on BULLET Bazaar
{% embed url="" %}
## π₯ Redeeming HODL Tokens
{% embed url="" %}
## π₯ Minting a Gerege Silver NFT
{% embed url="" %}
## π₯ Exercising BULLET Tokens
{% embed url="" %}
## π₯ Claiming BULLET Rewards from BULLET Raffle
{% embed url="" %}
# Social Media
We want to hear from you!
**Joining our Community**
Follow DeOrderBook on our social profiles to learn more about our protocol and what it represents!
If you're interested in joining our community, hop into our Discord or our Telegram group to connect with other DOBers, discuss strategies to maximize your investments, or report bugs.
**Twitter**
Follow us on Twitter: [@DeOrderBook](https://twitter.com/DeOrderBook)
#### Discord
Join our Discord [here](https://discord.gg/yMBfbUmt95), and connect with our community as well as directly with our team.
**Mirror**
Read our articles at our Mirror page [here](https://mirror.xyz/0x2341BDd8a7047943586E948b1ca04e5E548Cd06D). We'll be regularly updating the page on everything from tutorials, in-depth explainers on
