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Crafting Finance is a synthetic asset issuance protocol and decentralized contract trading exchange based on the NEAR chain. The synthetic assets issued by the entire system are produced by users staking certain collateral. The initial collateral includes CRF, DAI, USDT, NEAR, AURORA, BTC, and ETH, and the collateral rate depends on the variation of the collateral itself. The main functional modules of the entire system are Forge and Kingsman. Forge is where all synthetic assets are minted. Kingsman is the decentralized contract exchange using sharing debt pool trading mode. Other important modules of the system include collateral pools, fee pool, interest pool, and oracles.

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Scalability – Intermediate Crypto Knowledge Guide

Blockchain scalability could be an indicator for a project’s future growth. So, how much do you know about its importance and challenges?

May 30, 2023

Smart Contracts and Decentralized Applications – Intermediate Crypto Knowledge Guide

Smart contracts are the core of blockchain. Meanwhile, decentralized applications empower users on blockchain. Learn it all at MEXC blog now!

May 30, 2023

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