With Decentralized finance on the blockchain technology becoming increasingly popular; so is the need to have a Synthetic system platform.
Synthetic assets are also referred to as synth, they are a combination of cryptocurrency tokens and traditional derivative assets; In summary, Synths are tokenized derivative asset.
With decentralized tokens on the platform, investors can easily trade anything on the blockchain. One of the main reasons investors now embrace Synthetic assets is because of their traceability and security.
Synthetic assets allow investors to trade with tokens. These tokens are derivatives of the underlying assets. The platforms that operate these trades run on blockchain technology which makes them very secure and democratic.
With Plutos Network, Synthetic System is made easy.
Plutos Network brings innovation around the synthetic system with its technology by providing multiple avenues for accountability, security, speed, and profit on the Plutos Network SYNTH SYSTEM.
Usually, most traditionally trading occurs on centralized exchange platforms with several limiting factors and a lack of anonymity. Also, most traditional trading platforms are exclusive to a public minority. There are some eligibility criteria that you need to possess before you have access to some trading platform.
However, with the synthetic tokenized system, investors can trade anything deriv and maintain their anonymity with Plutos Network.
Plutos Network uses pAMM mechanism during the trading of products such as options, swaps, contracts on the Plutos Network SYNTH System.
After synthetic traders place their collaterals in (deriv) assets supported in the Plutos Network, for example, pETH, pUSD, etc they can trade the synthetic products provided, with no form of worry be it latency or slippage. Liquidity is provided by other platform users (co-traders) who also earn passive income on their deposits through trading fees based on the percentage of the liquidity pool provided by other users.
It is time the world moved on from what we used to know and embraced what we have to know. Power structure worldwide is getting decentralized; it’s time economic power also moves into the hands of the people.
Plutos Network offers the world that opportunity. It’s time to take it and benefit from it.
The Synthetic System of the Plutos Network is LIVE, and the V2 & V3 Version is scheduled to be soon. See here — https://app.plutos.network/#/index
Learn more — https://linktr.ee/PlutosNetwork
