Micro Perps, coming soon. 👀

We've just released some bug fixes and added some additional features to our newly-released cross-chain OTC Telegram bot! - Vastly increased bot speeds and responsiveness time - "/market" command to show existing OTC orders and grouped market orders - Added ability to fill existing orders from the Micro OTC platform (and orders created in the bot) directly from a conversation with the Telegram bot— partial fills available in-bot now as well - Typing "/" now displays all available commands + added a hamburger menu button for easy navigation - Increased response time + fluidity for website navigation if coming from the Micro Telegram bot The bot is available for full cross-chain and cross-token OTC capability directly on Telegram, located at: t.me/microplatform_bot Micro is quickly becoming the most advanced and comprehensive OTC protocol in the industry— we are actively expanding upon it and brainstorming new and innovative features and upgrades to both the web platform and the Telegram bot itself to ensure we remain at the forefront!

The Micro OTC Desk is now available directly on Telegram! Users can now create and fill fully cross-chain OTC orders through Telegram with the full power of the Micro website platform. To get started, simply create a conversation with the bot at t.me/microplatform_bot and follow the instructions! The bot is tuned for simplicity and an easy-to-use user flow!

We've fixed some bugs with cross-chain OTC order creation; users can now make any cross-chain, cross-token OTC order again!

Smart Fill, Intelligent Routing & Blended Rates are now available on the Micro OTC Desk! Orders are now grouped by pairs— this allows the Micro OTC desk to "blend" rates together for available liquidity across each pair. This update gives takers/buyers the ability to intelligently fill partial orders across multiple OTC orders for the most optimal rate (blended rates). The system intelligently routes buys across all selected/grouped pairs to ensure buyers get the most optimal + intelligent rates. To create a Smart Fill, simply click the pair you'd like to trade, enter the amount you desire, and the system takes care of the rest!

Bitcoin rails have been implemented and released within the Micro OTC desk. Users are now able to request and fulfill OTC orders across all of Micro's supported chains directly with Bitcoin; near-instant settlement and completely private. We have additionally finished Smart Filling & Intelligent Routing and our full cross-chain and same-chain privacy & shielding features which will be released momentarily!

We've released TWAP & oracle chunk pricing for the Micro OTC desk! What does this feature do? Users can opt into TWAP OTC selling which creates time-priced chunks offered at market value, allowing for a large amount of supply to be perpetually and algorithmically sold on Micro's OTC desk, with each chunk carrying it's own variable pricing via oracles at market rate. Example: 1. A user creates a 1,000,000 OTC sell for $MICRO using the TWAP mode 2. Every interval, a portion of the 1,000,000 (for example, 30%) is listed on the Micro OTC platform at market rate. In layman terms, this is dollar-cost averaging for OTC orders, allowing users to sell larger amounts of their supply over a longer period with blended and more optimal market rates rather than a stagnant fixed amount all at once!

Micro's OTC-RFQ (Request for Quote) Desk upgrade is releasing within the next ~1 hour. Request for Quote desks are subsidiary desks used by large middle-ground intermediaries such as Bloomberg and Wintermute that allow parties to find optimal counterparties for OTC deals. We're taking this time-proven concept and narrowing it down for on-chain deal flow; the RFQ desk upgrade will allow everybody to create similar deal flows for any token on any of Micro's supported chains (Solana, Ethereum, BNB Chain, Base, Arbitrum, Tron) with upcoming support for Bitcoin.

We've also just improved the bidding system! Users are now able to bid and accept available offers from across all supported chains and all tokens on those chains. Users can list any token across any supported chain and accept bids and offers, whether for a partial fill of their order or a complete fill of their order. Owners can view and accept bids directly from their order page, just ensure that the same wallet that created the order is connected.

We've released password-protected OTC orders! This upgrade to private OTC orders are intended for users that want a direct exchange with a counterparty of their choice without the order appearing on the Micro OTC Order Book. Simply toggle the password protection option within your order settings when creating an OTC order and share the direct link to a counterparty along with the chosen password!