Plutos Network

What are Derivative?

A derivative is a financial contract that derives its value from an underlying asset. Traditionally, derivatives are used in markets such as commodities, currencies, stocks or bonds. These contracts can be traded over the counter or through an exchange.

In the crypto industry, the derivatives market is relatively new and small compared to traditional markets, but that doesn’t make it less lucrative. Like stock options or commodity futures contracts, crypto derivatives offer protection against volatility and adverse price movements on cryptocurrencies. A crypto derivative is also a proxy tool for investors to speculate on the future prices of cryptocurrencies

“Plutos supports the issuance, trading and management of synthetic assets with the collateral of supported assets. Users can issue the customized derivative assets such as bonds to trade or raise funds in a decentralized way. User Dashboard will be launched after completion, where users can take a look at the records of their tradings.”

Derivative trading is when traders speculate on the future price action of an asset via the buying or selling of derivative contracts with the aim of achieving enhanced gains when compared with buying the underlying asset outright. ... With derivatives, traders are able to go short and profit from falling asset prices.

About Plutos Network

“Plutos Network is a decentralized cross-chain derivative issuance and trading platform which provides infinite liquidity based on the schemes of Staking and Minting and leading Blockchains like Solana, Polkadot and BSC. With Plutos, all users can have access to synthetic assets from both traditional financial market and the crypto market. By enabling cross-chain and on-chain functionalities, Plutos will be able to deliver keynote features such as scalability, high interoperability, low cost of transactions, offering the perfect solution for current DeFi derivative market to difficulties and limitations such as high gas fee, low transaction speed, vulnerability of hacking such as flash loan etc.”

John Joseph

PlutosNetwork

https://www.plutos.network

official@plutos.network

--

--

--

I am a Crypto enthusiasts, I write about Blockchains and Cryptocurrencies, issues that requires attentions

Love podcasts or audiobooks? Learn on the go with our new app.

2021.8.23–2021.9.3 Bi-Weekly Report Updated

The Real DAO Opportunity

Three Of The Hottest Play-To-Earn NFT Games Right Now

Wrapped Bitcoin is Now Listed on Poloniex

KuCoin Upgrades Its Derivatives Exchange To KuCoin Futures

Seamless Fundraising For IDO Projects

IOST: BlockDevs Asia to help Blockchain Community Grow in the Philippines

How to withdraw cryptocurrency legally and safely?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
John Joseph

John Joseph

I am a Crypto enthusiasts, I write about Blockchains and Cryptocurrencies, issues that requires attentions

More from Medium

Blockchain Security — How To Keep Your Digital Assets Safe

Quantum Community Program.

DEX — Why the decentralized exchange is so interesting

Plutos Network