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Home Press Release

Solaris: Revolutionizing the Future of Decentralized Finance (DeFi) | NewsBTC

May 19, 2023
in Press Release
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Solaris: Revolutionizing the Future of Decentralized Finance (DeFi) | NewsBTC
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The world of finance has undergone a paradigm shift in recent years, and blockchain technology has played a crucial role in enabling decentralized financial services that are both barrier-free and anti-audit. This is where Solaris comes in, offering a decentralized synthetic asset ecosystem that is built on the principles of Web 3.0 technology.

What is Solaris Network?

Solaris Network is a decentralized platform that allows users to create and trade synthetic assets. Synthetic assets are financial instruments that simulate the price movements of real-world assets without holding the underlying asset. The platform is built on the Binance Smart Chain (BSC), with plans to expand to other blockchain networks.

The Solaris Network allows users to mint synthetic assets by collateralizing cryptocurrencies and related derivatives, including cryptocurrency-related synthetic assets and synthetic assets for other off-chain financial products. These synthetic assets can then be traded on the platform by users.

Overall, Solaris is a non-custodial and barrier-free platform that provides one-stop financial services for users across the globe.

Solaris Network’s Market Potential

Solaris Network has significant potential in the DeFi derivatives market. It can leverage its programmable asset characteristics granted by smart contracts to expand the forms and application fields of DeFi derivatives. It may also help solve the challenge of bringing real-world assets on-chain in a trustless manner by creating synthetic assets that mimic the performance of real-world assets such as stocks, commodities, and currencies. This will enable on-chain investment in foreign exchange, various stocks, stock indices, put/call options, futures, and even insurance.

Solaris Network’s decentralized synthetic asset platform can quickly position itself as a leader in the synthetic asset market and become a go-to platform for investors looking to gain exposure to a diverse range of assets in a trustless, decentralized manner.

The Team Behind Solaris

The team behind Solaris Network comprises three key members: CEO Adev Aarons, COO Lorena Fernández, and CMO Habib Shaikh.

Aarons lead the team and is responsible for driving the company’s growth by leveraging his expertise in finance and technology. Fernández has 8+ years of hands-on knowledge in customer service and support, strategic planning, process development and improvement, and end-user testing of web and mobile applications. Habib is a QA Jr Analyst with 5 years of experience in Web3 and Fintect.

Their collective efforts drive the growth of Solaris Network, offering their users various blockchain and crypto-based services.

Solaris Governance Model

One of Solaris’ primary advantages is its decentralized community autonomy, or DAO, which lets users vote on crucial issues like the kinds of assets they wish to trade on the platform and the breakdown of currencies in the index. This level of community involvement is unheard of in traditional financial markets.

The Solaris platform aims to create an on-chain financial ecosystem that combines the benefits of traditional finance and decentralized finance (DeFi). It is designed to provide on-chain infrastructure for Web 3.0 financial derivatives, creating a global, decentralized TradeFi+DeFi derivative financial ecosystem for users.

Value and Vision Behind Solaris Network

Objective

Solaris Network aims to create an all-inclusive platform allowing users and organizations in the global financial sector to easily venture into the world of cryptocurrencies, build decentralized applications, and trade on-chain assets and derivatives. It also seeks to provide users with a reliable, secure, and scalable platform, making it possible for anyone to engage in crypto trading and investment without the need for extensive knowledge.

Vision

The ultimate vision of Solaris Network is to revolutionize the world of decentralized finance (DeFi) by providing cutting-edge DeFi services, synthetic asset trading, and circulation services that will attract both CeFi and traditional financial users to the world of on-chain trading and investment.

Why Should You Invest in Solaris?

The Solaris platform is a one-stop solution for managing cross-assets, cross-markets, and cross-positions in trading. It covers 24-hour trading of cryptocurrencies, forex, stocks, commodities, indices, and reverse assets such as spot, futures, and binary options. Solaris’ synthetic assets bridge traditional financial products into DeFi, providing endless opportunities for users to grow their investments and open a new world of possibilities.

Solaris is a Web 3.0 financial derivative infrastructure and a bridge between on-chain and off-chain finance, injecting continuous innovative power into DeFi and bringing earth-shattering changes to the global financial market. With its commitment to community autonomy and multi-chain support, Solaris is poised to become a key player in the future of decentralized finance.

The Takeaway — Future of Solaris

To sum up, Solaris Network has tremendous potential in the DeFi derivatives market, and its innovative approach to creating synthetic assets can drive growth and adoption in space.

Solaris Network’s market potential is worth watching as the DeFi market evolves and matures.You can check out the following Media for more information and updates about our platform.

Twitter: Solaris Network Twitter

Telegram: https://t.me/solarisntwk
Discord: https://discord.gg/solarisnetwork
Gitbook: https://solaris-network-2.gitbook.io/solaris-network/

Media contact For PR

Habib Rahman Shaikh
LinkedIn : https://www.linkedin.com/in/habibrahmanshaikh/
Telegram : https://t.me/habib4618
Twitter : https://twitter.com/habibgj4618

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.





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