Powering the creation and trading of yield-backed synthetic assets.
Serity is a community-owned protocol powering the creation of yield-backed synthetic assets. It functions to trustlessly mint synthetic assets that are ultimately backed by their own yield. The native platform token, SER, is minted via a one-way bonding curve which is then used to collateralize a position in order to mint arbitrary synthetic assets. These assets will be traded on various trading venues, including the Serity exchange, and will ultimately be backed by yield generated from different trading and lending protocols. Every source of yield will be redirected back into SER’s bonding curves and collateralized positions, reinforcing the value and stability of SER and these synthetic assets.