The Debond Protocol’s ERC-3475 has been adopted as a token standard to help bring the secondary market for fixed income and derivatives into the decentralized financial (DeFi) space, but it no longer exists. Due to the suitability of tokens for derivatives, the EIP-3475 is highly innovative. It is also one step higher than previous versions of the ERC-20 Liquidity Provider (LP) Token and serves primarily as an alternative representation of assets traded using mathematical proof of loans and smart contracts.
Timely entry [Debond] This project is important as the Web 3.0 era of decentralized Internet becomes more realistic and embraces DeFi’s growing ecosystem.
Based on a push beyond the crypto market at the end of last year, some insiders are hoping that the retail market will open in 2022, paving the way for new ways to participate in DeFi. While the use of cryptocurrencies has become an increasingly part of life in all economies where there is reason to question the stability of fiat currencies at hand, some regulatory movements are expected in space, so some An effective approach to is also being considered. Or if the existing financial system still faces the major challenge of breaking down barriers for potential users to access banking products aimed at improving their lifestyle.
We will talk about emerging market inflation, the instability caused by geopolitical issues such as the ongoing Russia-Ukraine war, and the impact on oil prices, especially on the global stock market. There has never been a demand for alternative financial products such as cryptocurrencies and DeFi. it was high.
Therefore, it makes sense that some venture capitalists (VCs) want to help solve the problems of lack of transparency and inaccessibility of private investors in traditional derivatives markets. This is especially interesting because there are currently no derivatives in DeFi as there is no token standard and infrastructure that can support such complex data structures.
However, with EIP-3475’s Multiple Callable Bonds Standard and VC support (Bixin Ventures, CSPDAO, Connectico Capital, Exnetwork, Wave Capital, Crypto Dorm Fund, F12 Capital, Collinstar Capital, etc.), interest in Debond’s (such as Collinstar Capital). Email Email:[email protected] For more information), LPs are becoming able to enter into contractual agreements with derivative issuers regarding repayment terms and interest rates before they are sold in the secondary market. Token-standard smart contracts allow LPs and borrowers to enter into customizable loan / debt contracts and manage redemption terms and price ranges when new financial derivatives are introduced into DeFi.
The Debond Protocol is the beginning of a paradigm shift journey with the ERC-3475 token standard. With a current valuation of $ 12.5 million, more is planned for the first DEX Offering (IDO) scheduled for June as ERC-3475 tokens will actually be used. ..
“The excitement of this project is that the update of the current yield farming system will bring more changes, possibilities and followers to the DeFi system, taking DeFi to the next stage. “ERC-3475 Bond Standard,” said Yu Liu, CEO of the Debond Protocol. “We expect it to cross the boundaries of our imagination. New protocols for decentralized options, derivatives and other forms of financial instruments, among many existing or non-existent such concepts. With all the potential needed to significantly improve the efficiency and computational complexity of DeFi. DeBond is an open-ended platform by design. A set built on the ERC-3475 infrastructure. I look forward to seeing your applications and use cases. “
Using the ERC-3475 interface, DeFi projects can interact with smart contracts via the Web3.0 component of the DeBond protocol. The success of the debond protocol and token standard means that fewer intermediaries are involved in the current process of issuing and trading derivatives, making the process faster and cheaper.
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