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Solaris was established in January 2022. Solaris is positioned as a Web3 decentralized synthetic asset trading platform on BSC, revolutionizing the future of decentralized finance (DeFi)
Solaris has recently undergone a transformation and evolved into a real-world asset (RWA) trading platform within the Web3 decentralized finance (DeFi) space. As of today, on 2023-07-16, Solaris has expanded its offerings to encompass a broader range of financial products and services, effectively bridging the gap between traditional finance and blockchain-based finance.
Previously positioned as a Web3 decentralized synthetic asset trading platform, Solaris Network has now transitioned into a comprehensive ecosystem that facilitates the trading of real-world assets on the secure and efficient Binance Smart Chain (BSC) infrastructure. Leveraging the principles of Web 3.0 technology, Solaris Network continues to operate in a decentralized manner, providing users with a decentralized platform to create and trade synthetic assets.
The Solaris ecosystem, with its focus now on real-world assets, has become a pioneer in DeFi innovation by acting as a bridge between blockchain technology and traditional financial products. It offers users the ability to collateralize cryptocurrencies and related derivatives to mint synthetic assets representing a diverse array of assets, including but not limited to stocks, commodities, currencies, and more. These synthetic assets simulate the price movements of their real-world counterparts without the need for users to hold the underlying assets themselves.
At the core of the Solaris ecosystem lies the Solaris Exchange, a decentralized exchange operating within the BSC ecosystem. The Solaris Exchange facilitates the trading of synthetic assets and now extends its support to real-world asset (RWA) trading as well. It provides users with a platform to trade a wide range of virtual synthetic assets such as stocks, foreign exchange, futures, and options, thereby expanding the possibilities for DeFi applications in the market.
By transforming into a real-world asset (RWA) trading platform, Solaris has enhanced its capability to revolutionize the DeFi derivatives market. Its comprehensive ecosystem enables users to diversify their investment portfolios and explore a multitude of investment opportunities, all while maintaining a decentralized approach to finance.