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— Coral Finance | Coralantis🪸 (@Coral_Finance) June 1, 2024
Coral Finance and UniPort Network Join Forces to Enable Better Interoperability for the Users
In its latest X post, the company expressed confidence in the exclusive endeavor. Coral Finance utilizes a unique and cutting-edge mechanism named Premium Trading. The platform provides crypto projects with a non-inflationary and dependable liquidity/staking aggregation solution concerning sustainable development. In addition to this, it sustains the chief values for the consumers like capital efficiency, risk management, and asset growth.
The company intends to introduce RWA assets such as stocks through Premium Trading. In this way, it will reportedly drive liquidity and user growth in traditional finance in the long run. Premium trading plays the role of an exclusive trading mechanism aggregating liquidity to enable effective market making. It permits consumers to trade their crypto tokens at huge prices.
The Platform Enables Leveraged Yields over Staking Non-BTC Assets
Coral Finance has released corToken, a derivative coin, which the platform mints from the local token at a ratio of 1:1. With this, the consumers can get leveraged yields. UniPort operates an Omni-chain interoperability forum for
ecosystem-based assets. it provides a comprehensive support for the interoperability of RGB++, Runes, ARC20, Ordinals-NFT, and BRC20 assets.