Function X (FX) is a Scrypt ERC-20 token of the f(x) ecosystem, which is positioned as a blockchain platform. Uses the consensus protocol PoW, PoS and ten-minute block time.

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Function X

Baklava Space aims to be a synthetic asset platform that allows the creation and exchange of synthetic assets. Synthetic assets are assets minted on a blockchain that mirror the price of another asset, for example, a synthetic BTC can be minted on Function X chain. The synthetic asset derived its price from price oracles and therefore exchanging synthetic assets incur minimal slippages.  As seen in the matured traditional asset markets, the synthetics and derivatives market size exceed the under...

Baklava Space Proposal - Synthetic asset minting on FX

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Baklava Space just posted their proposal on StarScan forum!

✅Develop a #crosschain #synthetic asset platform where LPs on f(x)Core can be used as collateral to mint synthetic assets on Function X.
✅Hedge the positions on Margin X 

Check it out👇
https://forum.starscan.io/t/baklava-space-proposal-synthetic-asset-minting-on-fx/4729

Baklava Space just posted their proposal on StarScan forum.