[PRESS RELEASE – Please Read Disclaimer] Baldi Network, the world’s first decentralized synthetic asset issuance and transaction protocol on Huobi’s HECO chain, today has announced its release. Developed by the world’s leading blockchain developers, cryptographers, research scientists, and experts from finance backgrounds, Baldi enables the minting of synthetic assets that “mirror” the price behavior of real-world assets by reflecting the exchange prices on-chain—providing a foundation for people around the world to have greater access to attractive financial assets without any barriers.
The Baldi protocol uses a multi-token infrastructure that implies a system of collateral, staking, inflation, and fees. Currently supporting synthetic fiat currencies, cryptocurrencies (long and short) and commodities, the protocol has two types of tokens — the main Baldi Network Token (BADI) and synthetic assets (Synths) which are created by staking the BADI tokens. This proprietary po

Czytaj więcej

Źródło: https://cryptopotato.com/baldi-io-launches-heco-based-decentralized-synthetic-asset-protocol/