pTokens Description
pTokens allow you to teleport any token to another blockchain without any frictions. Unchained liquidity! Each pToken is transparently tied to its token. It is a trustless, 2-way peg. pTokens make it possible to build tools without any barriers. Cross-chain compatibility is made possible through pTokens. They were created for DeFi. Everything is transparent because it is decentralized. The pTokens DApp allows anyone to peg-in/peg out. A network of secure Sandboxes verifies the amount underlying asset locked, and these together trigger (via Multi-Party Computation). The user can then play with newly minted pTokens. All pTokens come with full backing and can be redeemed at anytime.
pTokens Alternatives
Ren
Liquidity, unchained. RenVM is an open protocol that allows access to inter-blockchain liquidity. This protocol can be used for all decentralized applications. Your Ethereum app can now accept BTC, BCH and ZEC. Any token can be transferred between any blockchain. You can access tokens from any blockchain with your existing smart contracts. RenVM can be used to expand the capabilities of existing dApps and create new business cases in the decentralized world. Use your existing smart contracts that are not custodial to secure cross-chain assets. Integrate cross-chain assets like Bitcoin and Zcash in existing liquidity pool infrastructure or DEX. Traders who conduct large volumes of OTC trades are no longer at risk from their counterparties not honoring the trade.
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Bifrost
Anti-inflation. Prevents the devaluation staking assets. No lock-up. To increase staking principal, you can use vToken lending leverage. You can adjust business parameters through democratic governance. No matter which validator or token you stake with, you will still receive the token and rewards. A voucher token, also known as a token, is a type of Polkadot, or Substrate Based general purpose asset that is created by users using the Bifrost network and Staking assets. The token is the reward right and ownership of the original Staking assets. Staking rewards are an alternative frangible asset that can be traded for liquidity. They can also unlock the liquidity of the original Staking assets or become a new Staking asset to aid users in leveraged transactions. token also features six features: traceability, governance and cross-chain, full reserves, alternative and complete scenario.
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pSTAKE
To maintain liquidity of assets that are otherwise locked, you can stake and receive stkASSETs. You can explore DeFi opportunities with liquid stkASSETs and earn staking rewards. Swap stkASSETs directly for native assets to skip the unstaking and unbonding process. pSTAKE is a liquid-staking protocol that unlocks the liquidity of staked assets. PoS token holders can now stake their assets and maintain liquidity. Users can stake their assets with pSTAKE and earn staking reward. They also get 1:1 pegged staked representative tokens, or STKTOKENs, which can be used in DeFi for additional yield (yield above the staking rewards). pSTAKE, a liquid staking protocol, unlocks the true potential for staked PoS assets (e.g. ATOM). PoS token holders can deposit their tokens onto pSTAKE to mint 1:1 pegged ERC-20 wrapped unstaked tokens, represented as pTOKENs (e.g. pATOM).
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Fulcrum
Fulcrum is a powerful DeFi platform that allows tokenized lending and margin trading. Fulcrum is a decentralized platform for margin trading. Fulcrum does not require any KYC, verification, or AML. Our non-custodial solution allows you to keep control of your keys and assets, whether you are lending or trading. iTokens, margin loans, earn holders interest on borrowed money while pTokens, tokenized margin positions allow your margin positions be composable. Margin maintenance can only be achieved by liquidating positions that are undercollateralized. You will enjoy a smooth trading experience, with positions that automatically renew and no rollover fees. ZK Labs, a leading blockchain security auditor, has successfully audited the bZx protocol. Chainlink's decentralized Oracle network is used to provide price information. Lenders are reimbursed from a pool of 10% of the interest paid by borrowers if undercollateralized loans aren't liquidated.
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Integrations
Company Details
Company:
pTokens
Year Founded:
2012
Website:
ptokens.io
Media
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Product Details
Platforms
SaaS
Type of Training
Documentation
Customer Support
Online
pTokens Features and Options
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