Crafting Finance

Crafting Finance

CRF
$0.001341538%-7.66

Key Metrics

Price$0.001341538
Real Volume (24H)$31,553.81
MarketcapN/A
Fully Diluted Valuation$2,137,376
ATH$0.163623
ATH Date1/1/2022, 3:37:24 PM
ATL$0.00087147
ATL Date12/9/2022, 1:45:32 PM
Circulating SupplyN/A
Total Supply2B
WebsiteN/A
WhitepaperN/A
Popularity Rank7652
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What is Crafting Finance?

Crafting Finance is a platform that enables users to create synthetic assets using WebAssembly (WASM) and support for multiple collateral types, including NFT tokens. The platform is unique in that it supports well-known NFTs such as PUNK and BAYC as collateral to mint synthetic assets. Additionally, big market-cap assets such as BTC, ETH, and USDT can also be used as collateral tokens. The platform supports various kinds of synthetic assets, including Rafts, BondRafts, RaftStable, and even programmable UnivRaft. This allows for almost all real-world assets to be minted on Crafting.

One of the platform's most notable features is its multiple sharing debt pool (SDP) capability. This feature enables users to maintain Crypto, Stonks, and Bonds in different SDPs, reducing the impact on each other asset. The platform's flexibility allows users to provide liquidity after asset minting, making it easier for users to manage their synthetic assets.

Crafting Finance's support for NFTs as collateral is particularly noteworthy, as it enables users to leverage their NFT holdings to create synthetic assets. This is a unique feature in the synthetic assets space and provides users with more options to generate value from their NFT investments. The platform's support for various synthetic assets also makes it an attractive option for users looking to create synthetic assets based on various real-world assets.

With its WASM-based infrastructure and support for multiple collateral types, Crafting Finance is well-positioned to become a leading platform for synthetic assets creation. Its multiple SDP feature and liquidity provision flexibility make it a flexible and attractive option for users looking to create and manage their synthetic assets.

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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