Kalata on Chainlink Live | Binance Smart Chain Derivatives Trading

Chainlink New York: Connected Smart Contracts
Thu, Jul 22, 2021, 1:00 PM (EDT)

About this event

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: https://www.kalata.io/ 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:

Website https://chain.link Twitter https://twitter.com/chainlink Telegram https://t.me/chainlinkofficial Discord https://discordapp.com/invite/aSK4zew

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


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