Discover and read the best of Twitter Threads about #syntheticassets
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NYSE is worth $26T, & access is limited
Thus, with @PoisonFinance, we have
- A reliable assets system that offers everyone (in the world) exposure to stocks prices
- Potential great cashflow into DeFi, as people realize they can securely trade a semblance of RWA on-chain
🧵👇
Thus, with @PoisonFinance, we have
- A reliable assets system that offers everyone (in the world) exposure to stocks prices
- Potential great cashflow into DeFi, as people realize they can securely trade a semblance of RWA on-chain
🧵👇
This thread educates you about #SyntheticAssets & Poison Finance, split into 5 sections:
1️⃣ Synthetic assets
2️⃣ Poison Finance
3️⃣ Potions (Synthetic assets on Poison)
4️⃣ Benefits of synthetic potions
5️⃣ POI$ON
Abbreviations to note:
RWA: Real-world assets
1️⃣ Synthetic assets
2️⃣ Poison Finance
3️⃣ Potions (Synthetic assets on Poison)
4️⃣ Benefits of synthetic potions
5️⃣ POI$ON
Abbreviations to note:
RWA: Real-world assets
1️⃣ Synthetic assets
Also called synths, these are replicated representations of RWA on-chain, they are tokenized derivatives that represent certain assets (e.g. stocks, land, bonds, etc.) & they enable traders who do not own these assets to benefit from their price fluctuations
Also called synths, these are replicated representations of RWA on-chain, they are tokenized derivatives that represent certain assets (e.g. stocks, land, bonds, etc.) & they enable traders who do not own these assets to benefit from their price fluctuations
