Hi LeoFamily,
The current financial derivatives market is estimated to have a market capitalization of $1.2 quadrillion.
Shadows is building a network for issuing and trading DEFI assets, in order to offer a wider range of financial options such as future options, commodities and other sophisticated financial instruments. All within the Binance and Polkadot ecosystem.
Providing itelligent contracts that allow the DEFI community to trade and issue these derivatives with exposure to cryptocurrencies. This allows participants to gain exposure to the market by mitigating risk and assuming risk with the expectation of reward. Something that was already the case, adding now allowing users to hold synthetic positions with respect to currencies, stocks and commodities, while receiving a return on their participation in the market.
Bridging Markets and Bringing Opportunities
In the current scenario, many investors do not actively participate in the traditional financial markets, either because of limitations or restrictions or because they do not want to make transactions through a centralized system.
Shadows is the key and the missing link to bring this together.
Through the Shadows platform, users will have access to stock market exposure by holding xTSLA or xAAPL, the S&P 500, Forex, foreign exchange or even gold.
The opportunity for diversification is endless on a single platform.
The volatility of the Blockchain industry, on the other hand, has kept many investors on the sidelines. However, through derivatives and hedging strategies this risk can be mitigated.
Shadows DApp
Shadows is a decentralized DApp built on the web that allows market participants to issue synthesized products by providing collateral.
Users can enter into the smart contracts to buy or sell the
underlying assets without holding the actual asset.
Synthetic assets in the Shadows Network system are backed by the DOWS native token, and can be issued by locking the DOWS collateral into a smart contract.
The Wall Street Coin
DOWS is the real-world asset value connection to the chain.
To access the Shadows network, users can stake DOWS and mint xUSD. These newly minted assets are backed by a minimum of 800% collateral, ensuring that there is sufficient liquidity to withstand market fluctuations.
This xUSD can be used to purchase assets such as cryptocurrencies, fiat currencies, stocks and commodities.
Unlike traditional exchanges, the Shadows network has no counterparties and operates as a burn and minting system.
Tokenomics
You can Follow me in https://leofinance.io/@ikaro
Thanks and Happy Friday!
Posted Using LeoFinance Beta
Congratulations @ikaro! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next payout target is 50 HP.
The unit is Hive Power equivalent because your rewards can be split into HP and HBD
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!