Solana blockchain-based synthetic assets without intermediaries, with the ability to use FUSD to borrow L-BTC. Now backed by Flamingo Finance.
Solana blockchain-based synthetic assets without intermediaries, with the ability to use FUSD to borrow L-BTC. Now backed by Flamingo Finance.
Lock collateral in a smart contract on the Solana blockchain. Fast deposit via Solana Network supported.
Oracle signs the reference price updates without knowing in advance about the contract or who the parties are.
No intermediaries or custodians: the collateral can be redeemed anytime once the debt is paid back.
Anyone can open a new contract at the current reference price, after locking SOL as collateral in the covenant.
Users can buy $FUSD directly using SOL, providing seamless access to the stable synthetic asset.
Use $FUSD across DeFi platforms, for trading, payments, or as collateral within the Solana blockchain ecosystem and borrowing L-BTC without intermediaries while maintaining ownership of their collateral.
Frequently asked questions
