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Collateral damage: DeFi’s ticking time bomb
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As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as oracles can supply a reliable price feed, synthetics can represent any asset in the world and take on its price — be it a stock, commodity or crypto asset.
As such, SAPs finally bridge the gap between emergent DeFi platforms
Read more on cointelegraph.comAbout this in other media
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