WHITEPAPER
Total Debt Value
Total Debt Value
Total Debt Value
Total Debt Value
Total Debt Value
Total Debt Value
Total Debt Value
TVL
Total Value Locked
Total Value Locked
Total Value Locked
Total Value Locked
Total Value Locked
Total Value Locked
Active CDPs
Active CDPs
Active CDPs
Active CDPs
Active CDPs
Active CDPs
Active CDPs
CDPs Created
CDPs Created
CDPs Created
CDPs Created
CDPs Created
CDPs Created
CDPs Created
Assets
A synthetic asset mimics the value of real-world assets in crypto.
You don’t own the actual asset you’re investing in.
Assets frequently employed for trading, investing, or hedging.
Investors hold a financial instrument that replicates its value.
An example:
1 BTC = 1 BTCb
A synthetic asset mimics the value of real-world assets in crypto.
You don’t own the actual asset you’re investing in.
Assets frequently employed for trading, investing, or hedging.
Investors hold a financial instrument that replicates its value.
An example:
1 BTC = 1 BTCb
Users retain the staking rights of ADA locked in Butane as collateral, a unique feature available exclusively on Cardano.
Read Yellowpaper
Create Synthetic Assets
Borrow tokenised derivative assets directly from the protocol.
Public 43%
Protocol 26.5%
Team & Partners 17%
Treasury Hedge 9%
Private Sale 3%
Other 1.5%
For the Australian Cardano community https://butane.dev
With @butaneprotocol just around the corner a new Era of Efficient Synthetics built to comply with the constraints of #Cardano while leveraging all its benefits is coming🔥 No forced EVM copy only Innovative #Cardano based"
Diving into section 4.2 of Butane’s whitepaper: Butane will offer the only instant oracle feed with fault tolerance on Cardano. The team recently shared a development update revealing the UI of the oracle monitoring dashboard. #Cardano #Butane
The rebranding that @butaneprotocol went through is simply stunning! 🔥 Subpar branding makes it very difficult to take your business seriously. I like to invest in brands that care about the way they're perceived. Cannot emphasize the importance of great branding.
Something special coming to cardano!! @butaneprotocol $BTN audit complete so we see what’s coming!!