Asko

Asko

ASKO
$0.00099946%16.72

Key Metrics

Price$0.00099946
Real Volume (24H)$14,481.26
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.433345
ATH Date2/12/2021, 3:41:59 PM
ATL$0.00080461
ATL Date11/28/2022, 6:40:12 PM
Circulating SupplyN/A
Total Supply159M
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is Asko?

ASKOL Charged Assets Markets provide participants with the opportunity to manage their crypto assets market risks and rewards more efficiently through the use of "blended" asset markets and NFTFi derivatives. These markets are designed to offer users a wide range of approved assets across multiple web3 networks, enabling ASKOL markets creators and power seekers to diversify their portfolio strategies, manage market risks and potentially improve their portfolio earnings profiles over time.

Creating a "blended" crypto assets market is simple for anyone holding ASKOL in-app units. These markets consist of several crypto assets that form a new asset class with its unique inherent market yield and risk profile. A creator (liquidity provider) can select any ASKOL approved crypto asset and add it to a charged market. The ASKOL platform supports any approved assets on each supported blockchain, offering the widest range of approved assets in the industry to choose from. This feature enables creators to choose a hybrid "blended" charged asset market with various inherent risk profiles that suits their needs.

ASKOL is an in-app stable unit pegged to the US dollar that powers the transactions and settlements on all ASKOL hybrid assets and dNFTFi derivatives markets. ASKOL enables users to operate on any blockchain where ASKOL markets are supported. To acquire ASKOL stable in-app units, users can purchase them on ASKOL markets via ASKO Gateways tokens native to the blockchain on which ASKOL markets are available. For example, on Ethereum, ASKOL can be purchased with ASKO Gateways tokens, which are publicly traded ERC20 fungible tokens easily available on participating public exchanges. On Binance Smart Chain, ASKOL can be purchased with rASKO Gateway tokens, which are publicly traded BEP20 fungible tokens, available on participating public exchanges.

ASKOL performs several key functions to charge its markets. It acts as a transactional power unit, enabling users to perform settlements for all market premiums, rebalance collateral & market positions, and acts as a rewards unit, helping market creators, borrowers, traders and liquidity providers to secure ongoing rewards for their participation. These functions enhance user risk and reward profiles over time.

ASKOL markets offer an excellent opportunity for any protocol, institution, or individual to create a charged assets market to suit their needs with approved assets on any ASKOL supported blockchain network. By offering a broad range of approved assets across multiple web3 networks, ASKOL markets provide participants with the potential to better manage market risks, diversify portfolio strategies, and improve portfolio earnings profiles over time, while simultaneously managing and off-setting market risks.

In conclusion, ASKOL Charged Assets Markets provide an efficient and effective way for users to manage their crypto assets market risks and rewards. These markets offer a wide range of approved assets across multiple web3 networks, enabling users to diversify their portfolio strategies, manage market risks, and potentially improve their portfolio earnings profiles over time. ASKOL's functions make it a powerful tool for managing charged assets markets, making it an excellent opportunity for any protocol, institution, or individual to create a charged assets market to suit their needs.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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