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Poison Finance
POI$ON
- Derivatives
- Synthetic Assets
- DeFi
Poison Protocol is a decentralized multichain synthetic asset issuance protocol. Synthetic Potions (pTokens) are collateralized by stablecoins such as BUSD, USDt, USDc, DAI, MIM, tUSD, FRAX, or ibTokens like cDAI, cUSDC, cUSDT, aDAI, which, when locked in the Vault Contract, enable the issuance of Potions. Synthetic Potions mimic the price behavior of real-world assets like stocks, commodities, and ETFs, and give traders around the world open access to price exposure without the implications of owning or trading real assets.
Recent News
- Opinion: The “Ethereum infrastructure” narrative is poison, is Solana the cure?
- Bitcoin No Longer Rat Poison? Warren Buffett-Backed Nubank Unveils Crypto Trading
- From antidote to poison: Why did Permit become a source of risk?
- The Miner's Spell: Is the Short-term Inscription Hype a Poison to Quench Thirst?
- Curve Finance To Conclude CRV Token Emissions From TerraUSD Oriented Pools
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