What we like
Enables the creation of synthetic assets via a permissionless decentralized platform.
What we like less
The ecosystem is highly reflexive as it relies on the USDN stablecoin as the primary souce of collateral, which in turn depends on the WAVES blockchain token.
What it means for you
Offers you a simple way to get exposure to algorithmic price-stable assets including stablecoins, synthetic assets, and other foreign exchange assets.