The name's bond, cryptobond: Meet DeFi's brand-new asset class
Sponsored A platform says it is bringing a brand-new type of asset class to the DeFi sector: cryptobonds. Sync Network says cryptobonds are a new type of nonfungible token that is fully tradable â encouraging decentralized liquidity pools to be strengthened. Despite their name, they do not share anything common with traditional finance bonds, meaning that there is no debt obligation to the person who holds them. Instead, these instruments deliver proof of a long-term position in liquidity pools â and itâs hoped that this asset will make the core of DeFi more resilient as a re...
Source: cointelegraph.com