Derived (DVD)

What is Derived

Derived finance aims to propel the usage of leveraged synthetic assets on Polkadot. Synthetic assets have become very popular in recent times with the introduction of protocols like Synthetix , UMA and Mirror finance . In the age of blockchain, transparency, censorship resistance and globally distributed characteristics makes tokenization of assets a lucrative investment opportunity for an average person to invest in stocks, commodities and any other assets in the world.

While the protocols mentioned above have their own architecture and way of handling Synthetic assets, our derived protocol aims to improve upon those above mentioned protocols like providing a gateway to a global decentralized marketplace with no restrictions by any centralized authorities. Added to this, you will also have several features of Defi with a click of buon away like staking and earning returns.