Twin.Finance

Twin.Finance

Created using Figma
Created using Figma
Twin is a DeFi protocol powered by smart contracts on the Binance Smart Chain network that enables the creation of synthetic assets called Twin Assets (T-Assets)
Pre-Sale
Jun 14, 2021
Jul 14, 2021
100% completed
Raised funds - no Data
past
Token Details
Ticker
TWIN
Additional Details
Categories
Platform

About Twin.Finance

Twin Protocol allows the creation of synthetics assets (T-Assets) , that track the price of real world assets. 

  • To mint a Twin asset (T-Asset), a minter must lock up a percentage of the current asset value in BUSD Binance stablecoin or some other accepted collateral token.
  • If the value of the asset rises above the collateralization threshold, the collateral is liquidated to guarantee solvency of the system.
  • To target the price of the T-Asset, the system reads in underlying asset prices via it’s own price oracle.
  • When the price of the T-Asset drifts significantly from the primary market, traders are incentivized to purchase / sell the asset or to mint / burn to claim the collateral.

Activity

Followers:
33 827
VERY HIGH
Tweets:
79
LOW
30 Days Growth:
365
Members:
12 333
VERY HIGH
30 Days Growth:
209
Alexa

Rank:
1 345 165
VERY LOW
Delta:
0

Twin.Finance Last News

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