Kalata is a derivatives trading platform for synthetic assets supported by a peer-to-pool trading engine, where trades are executed with zero slippage against a real-time Chainlink price feed. Users can trade synthetic assets anywhere with 24/7 access and without traditional barriers.
Featuring: Aaron Niu from Kalata Finance
Kalata Twitter: https://twitter.com/KalataOfficial
Kalata Telegram: https://t.me/kalata_group
Kalata Discord: https://discord.com/invite/xTVCaJhS8U
Kalata Blog: https://kalata-io.medium.com/kalata-integrates-chainlink-price-feeds-to-power-synthetic-asset-trading-419f711d2076
Chainlink is the most widely used oracle network for powering hybrid smart contracts, enabling any blockchain to securely access off-chain data & computations.
Learn more about Chainlink:
Kalata Protocol allows anyone to mint synthetic assets called kAssets by locking in collateral (kAssets or BUSD) in a Collateralized Debt Position (CDP) to gain exposure to the underlying asset without having to own it. If the collateralization ratio (C-ratio) of a CDP falls below a certain threshold, the collateral is liquidated. The real-time value of the collateral, the prices of kAssets, the C-ratios of CDPs, and liquidation prices are calculated according to price data provided by Chainlink.
chainlink #kalata #BSC