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Shadows Partners with Linear to Bring Synthetic Assets to Polkadot
View Reddit by MixstarAudio – View Source
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Shadows Partners with Linear to Bring Synthetic Assets to Polkadot
View Reddit by MixstarAudio – View Source
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tldr; Shadows Network and Linear Finance have teamed up to create the first cross-chain compatible delta-one asset protocol. Shadows Network relies on DOWS overcollateralization to create xUSD stablecoin, equivalent to users taking on 1 USD of debt. The partnership will lay the foundations for a burgeoning ecosystem on Polkadot, which has the potential to capture more value in the years to come.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*