The world’s first decentralized bond market has arrived

The rapid evolution of the cryptocurrency market in the past couple of years has caused the number of tokens to skyrocket. Along with the increase of tokens, the number of crypto exchanges inside the crypto community has also increased. Although there are several platforms, many have drawbacks like lock-up periods, a lack of transferability from platform-owned wallets, and high transaction charges.
As the sector continues to achieve new heights, technology adjusts and evolves to meet the market’s shifting demands. SuperBonds, the world’s first DeFi bond market, is one platform that is tackling some of these challenges. It’s based on Solana, a blockchain that doesn’t charge the usual hefty fees.
The benefit of blockchain-based bonds 
The benefit of blockchain-based bonds is the ability to help capital markets achieve fast, efficient, and secure transactions through distributed ledger technologies. 
Bonds allow investors to lend money to borrowers, such as businesses or governments, who then utilize the money to fund their operations while earning interest on their investment. They are a popular investment option, particularly in traditional finance, because they are normally a low-risk alternative with an annual return of roughly 5%. 
SuperBonds  allows users to self-custody bonds with specific end-values, which means they have possession of their digital assets because they control the private key. To simplify the bonds market, the platform issues bonds in the form of NFTs, which can be redeemed at any time for a fixed yield and settled by any end-owner holding the NFT.
Bond underwriting is also available on the platform, allowing investors to park their money in a fixed-income bond, with Bond Underwriters taking the other side of the trade. These liquidity providers send capital to the trader’s pool in order to generate the greatest amount of interest for traders. This platform also offers staking for those to yield rewards for holders. 60% of the total emitted tokens are reserved for the protocol rewards
A DeFi bond platform eliminates many issues by providing secure end-values ​​that the consumer can cherish, meaning that customers gain ownership of their digital property .
Conclusion
This platform enables DeFi investors to purchase bonds with a guaranteed return in $USDC. It also gives users the option of storing their investment in any wallet of their choice; they can self-custody it in any wallet of their choice. Furthermore, many CeFi (centralized finance) products in the cryptocurrency space today require funds to be stored within the platform in order to generate yield, but DeFi (decentralized finance) has provided an alternative.
Also, many CeFi (centralized finance) products in the cryptocurrency market today inherently require funds to be held on the platform in order to make a profit.

Avatar

Related Articles

- Advertisement -

Latest Articles

bitcoin
Bitcoin (BTC) $ 27,111.26
ethereum
Ethereum (ETH) $ 1,893.33
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 307.36
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.516251
staked-ether
Lido Staked Ether (STETH) $ 1,891.93
cardano
Cardano (ADA) $ 0.376334
dogecoin
Dogecoin (DOGE) $ 0.072240
matic-network
Polygon (MATIC) $ 0.907335
solana
Solana (SOL) $ 21.25
litecoin
Litecoin (LTC) $ 95.05
tron
TRON (TRX) $ 0.076605
polkadot
Polkadot (DOT) $ 5.28
binance-usd
Binance USD (BUSD) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000008
avalanche-2
Avalanche (AVAX) $ 14.47
dai
Dai (DAI) $ 0.999597
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 27,140.27
uniswap
Uniswap (UNI) $ 5.08
leo-token
LEO Token (LEO) $ 3.59
chainlink
Chainlink (LINK) $ 6.41
cosmos
Cosmos Hub (ATOM) $ 10.58
okb
OKB (OKB) $ 46.21
monero
Monero (XMR) $ 146.18
the-open-network
Toncoin (TON) $ 1.77
ethereum-classic
Ethereum Classic (ETC) $ 18.07
stellar
Stellar (XLM) $ 0.091921
bitcoin-cash
Bitcoin Cash (BCH) $ 114.47
filecoin
Filecoin (FIL) $ 4.95
internet-computer
Internet Computer (ICP) $ 4.84
true-usd
TrueUSD (TUSD) $ 1.00
lido-dao
Lido DAO (LDO) $ 2.28
aptos
Aptos (APT) $ 9.14
quant-network
Quant (QNT) $ 117.88
hedera-hashgraph
Hedera (HBAR) $ 0.051168
arbitrum
Arbitrum (ARB) $ 1.24
crypto-com-chain
Cronos (CRO) $ 0.059580
near
NEAR Protocol (NEAR) $ 1.60
vechain
VeChain (VET) $ 0.020020
the-graph
The Graph (GRT) $ 0.132348
apecoin
ApeCoin (APE) $ 3.12
algorand
Algorand (ALGO) $ 0.151919
the-sandbox
The Sandbox (SAND) $ 0.562256
paxos-standard
Pax Dollar (USDP) $ 0.999626
eos
EOS (EOS) $ 0.905549
edgecoin-2
Edgecoin (EDGT) $ 1.00
frax
Frax (FRAX) $ 0.998681
render-token
Render (RNDR) $ 2.62
elrond-erd-2
MultiversX (EGLD) $ 37.60