In a nutshell, FABRIC is a synthetic asset issuance protocol built on Solana.
All synthetic assets are collateralized by FABRIC tokens (FAB) and other supported collateral tokens. These must be locked in the FABRIC pool to enable the issuance of synthetic assets, known as SPL Synthetics.
Users directly interact with the FABRIC pool, requiring no counterparties and avoiding common issues experienced on exchanges such as liquidity or slippage issues.
Once minted, users can trade these SPL Synthetics on the Serum DEX.
Why is Fabric different?FABRIC is different to other synthetic providers. We are working on implementing a number of innovative ideas.
Multi-collateral support (supporting major wrapped tokens)
Wide range of SPL Synthetics, starting with fGOLD and fURA (expanding to other commodities, forex, index and inverse synthetics)
Powered by Solana. Extremely cheap fees and high transactions-per-second.
Using FABRIC, you can
Deposit and stake your FAB tokens for fUSD
Deposit and stake your wrapped SPL tokens, such as wETH, wBTC, etc., for the equivalent fToken (such as fETH, fBTC, etc.)
Mint SPL Synthetic tokens such as fGOLD or fURA using fUSD
Burn SPL Synthetic tokens
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.