Article Summary, Automatically Generated By AI
Summary of Crafting Finance
- Crafting Finance is a synthetic assets platform based on WASM.
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Unique features:
- Supports NFT assets (e.g. PUNK/BAYC) as collateral.
- Multiple collateral assets (e.g. BTC/ETH/USDT).
- All kinds of synthetic assets (e.g. Rafts/BondRafts/RaftStable, UnivRaft).
- Multiple sharing debt pool (SDP) for flexible liquidity provision.
- No numbers or figures mentioned in the text.
- No case studies, anecdotes, or examples mentioned in the text.
About Crafting Finance: Pioneering the Future of Digital Assets
Crafting Finance is a pioneering synthetic assets platform built on WASM, boasting a multifaceted collateral system that accommodates a diverse range of assets, including NFT tokens. The platform’s distinctive features include: Support for NFT assets – Crafting Finance allows the utilization of renowned NFTs, such as PUNK and BAYC, as collateral to mint synthetic assets. Multiple collateral assets – The platform supports the use of prominent, high-market-cap assets like BTC, ETH, and USDT as collateral tokens. A vast array of synthetic assets – Crafting Finance supports an extensive range of assets, including Rafts, BondRafts, RaftStable, and even programmable UnivRaft, effectively enabling the minting of virtually any real-world asset. Multiple sharing debt pools (SDP) – The platform allows for the segregation of Crypto, Stonks, and Bonds into distinct SDPs, thereby mitigating the impact of individual assets on one another. This flexibility also enables users to provide liquidity post-asset minting.