ISSUAA is a next-generation DeFi protocol for trading derivatives of real-world and crypto-assets on the blockchain, is now live on Polygon. It enables creation, minting and trading of synthetic assets reflecting the price of underlying real world assets such as stocks and commodities or indices. provides unique and highly attractive tokenomics for investors and liquidity providers.
ISSUAA: A LOW-RISK YIELD FARMING AND IMPERMANENT LOSS MITIGATION FOR LIQUIDITY PROVIDERS
Besides activating in a low-fee environment, ISSUAA said their key focus is on capital efficiency maximization. Accordingly, they have revealed a next-generation version of a synthetic assets protocol that is superior to Synthetix and Mirror.
Their competitive edge, the team explains, lies in the elimination of the need to overcollaterize when providing liquidity in the ISSUAA AMMs liquidity pools. Moreover, the system also mitigates against impermanent loss when providing liquidity for long and short pools of the same underlying asset at the same time.
As a result of this approach, the protocol can offer low-risk yield farming. At the same time, liquidity providers stand to receive a share of the 0.25 percent trading fees charged on every trade in the ISSUAA marketplace.
In addition to a trading fee capture mechanism distributed to liquidity providers, ISSUAA is also distributing its ISSUAA Protocol Token (IPT) governance tokens to active liquidity providers every week.
ISSUAA LAUNCHES ON POLYGON
The team declared that Polygon was chosen as the launching pad of choice for ISSUAA in order to release a low-cost, high reward yield farming and synthetics trading protocol. At the same time, the protocol aims to build a vibrant, global community as ISSUAA is set out to carve a decent market share in the fast-growing and competitive DeFi scene.
ISSUAA prioritizes decentralization, adhering to the guiding principles of the blockchain as they roll out a synthetic, “ISSUAA Assets”, trading platform. However, the team is setting out ISSUAA as a community-driven and -governed on-chain DAO, offering derivatives of real-world and crypto-assets like stocks, precious metals, indices, commodities, and more.
As a decentralized platform, ISSUAA provides access to the DeFi marketplace through a single non-custodial wallet like MetaMask.
WHY POLYGON?
DeFi is an umbrella term describing all financial activities which have been decentralized, operating on public ledgers. While Ethereum remains the home of DeFi, the launch of an alternative, scalable platform with EVM-interoperability has seen dApps shift base in search of low fees and high-speed transactions.
The low scalability in Ethereum has seen Gas –transaction fees– spike to unsustainable levels fast-tracking the migration to competing platforms.
Polygon is an interoperable and highly scalable EVM-compatible sidechain purposefully set to scale Ethereum. This way, it creates a symbiotic relationship with the pioneer protocols, benefiting its ecosystem as a result.
As of early October 2021, Polygon is one of the most active smart contracting networks. Its coin, MATIC, occupies a slot in the top-20.
ISSUAA FEATURES
Next Gen.AMM Model
First decentralized finance derivatives liquidity protocol without need for over-collateralization empowers attractive returns at moderate risk for investors providing liquidity.
Capital Efficiency
Every single USD stable coin to be paid in by investors/LPs for minting of assets and liquidity providing in asset pools is “working” and generating returns for investors/LPs.
Superior Tokenomics
Reward of active investors/LPs not only with transaction fees but especially with newly minted and weekly granted ISSUAA protocol tokens (IPT).
Global Access
Barrier free access for everybody to investing, minting, providing liquidity and trading of synthetic ISSUAA assets on chain.
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Useful links to get more details;
Website : https://issuaa.com/
Medium : https://issuaa.medium.com/
Telegram : https://t.me/issuaa_main
Twitter : https://twitter.com/issuaa2
Discord : https://discord.gg/ttu8vEQM6G
Author : harum93
USDT tokens will be delivered to your Ethereum address on Polygon. Indicate your Ethereum address on Polygon : 0xAcd9BF8EC3E202833891c38a595Ea0568aE034f7
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