Quantum Horizon: Unleashing Infinite Possibilities in Blockchain’s Interstellar Era

Quantum Horizon: Unleashing Infinite Possibilities in Blockchain’s Interstellar Era

Solaris Network is a groundbreaking project that offers on-chain synthetic asset solutions on BNB Chain. Solaris lays the groundwork for a comprehensive infrastructure for the multi-chain Web 3.0 financial derivatives market by building an exceptional bridge between blockchain and the actual financial sector.

Technical Analysis: Solaris Network’s Synthetic Assets

This technical analysis explores Solaris Network’s synthetic assets, including their significance, minting process, and use cases. It also discusses staking, one of the most common financial forms in the blockchain application field.

What is DeFi Derivatives Market?

Decentralized finance (DeFi) has become one of the most dynamic sectors in the crypto space. Derivatives trading is an area of DeFi that has been attracting attention recently. Derivatives are financial contracts whose value comes from an underlying asset like stocks, commodities, or cryptocurrencies. In traditional finance, derivatives are traded on centralized exchanges to hedge risks or speculate on price movements. In the DeFi space, derivatives are being used to create new financial instruments that were not possible before.

Synthetic Assets

Blockchain synthetic assets are financial instruments issued and circulated on the blockchain, composed of one or several assets (or derivatives).

• Solaris Network’s synthetic assets mint corresponding synthetic assets on the blockchain by simulating cryptocurrency, NFTs, and real-world financial asset-related products.
• These synthetic assets cover the global financial ecosystem on and off the blockchain, providing investors with more diverse, convenient, and secure asset allocation strategies.
• Solaris explores the unlimited potential of various assets in the DeFi field and enhances asset allocation’s complexity and innovative attributes.

Solaris Network: The First On-Chain Synthetic Assets Solution

Solaris Network offers on-chain synthetic asset solutions on BNB Chain, bridging the gap between blockchain and the traditional financial world. Its platform provides a comprehensive infrastructure for the multi-chain Web 3.0 financial derivatives market, enabling users to trade a wide range of synthetic assets.

Solaris’ approach to synthetic assets is unique because it allows users to create custom assets, giving them unparalleled flexibility and control over their investments. The platform also features advanced trading tools, such as limit orders and stop losses, as well as low transaction fees and fast settlement times, making it a powerful tool for retail and institutional investors.

Minting Synthetic Assets on Solaris Network

To mint sla synthetic assets, participants need to stake mainstream assets. Users collateralize mainstream crypto assets and mint sla synthetic assets according to the real-time price of the initial assets obtained by the oracle. The maximum number of synthetic assets that can be minted is calculated using the formula:

maxAm = maxVm * PA

Here, maxAm represents the maximum number of synthetic assets that can be minted; PA represents the synthetic asset price obtained from the oracle; maxVm represents the total value of synthetic assets that can be minted.