💪Mission

Synthetic assets are digital versions of other assets, such as tokens, stocks or commodities. They have the potential to make financial markets more fair and accessible, especially in areas without access to investments.

The market for these types of assets is very large. Twin Protocol is a project that is working to create a system for synthetic assets that is stable, transparent, decentralised, scalable, secure, and adaptable. The goal is to make financial markets more fair and accessible for everyone.

There are several existing and past systems for synthetic assets.

Synthetix is a decentralised system for creating synthetic assets, but it can be difficult to scale and has faced regulatory issues in the past.

Mirror was a synthetic asset system on the Terra blockchain that collapsed due to its reliance on closed systems.

FTX was a centralised exchange that once tried to create synthetic assets, but it did not have a strong foundation.

All of these systems have had various issues with stability, transparency, decentralisation, scalability, security, and adaptability.

How is Twin Protocol is different from other synthetic asset systems?

• It is transparent because all of the collateral is visible on the blockchain and cannot be used for any other purpose.

• It is decentralised because there is no central governing authority and the code for the system will be made public from the start.

• It is scalable because it uses Arbitrum low fees and fast transactions, which allows for lower collateralisation ratios and better capital efficiency.

• It is secure because of its code immutability and decentralisation.

• It is adaptable because it can move to different markets as needed and does not rely on one specific system for pricing information.

To summarise – we aim for a win-win.