You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
title: Synthetic asset smart contract for the Liquid network
author:
- Marco Argentieri
- Andrew Camilleri
- Dmitry Petukhov
abstract: |
Synthetic assets are collateral-backed assets whose value fluctuates depending on a reference price. We propose a scheme where anyone can lock collateral on the Liquid Network to issue assets that track the price of a chosen real-world asset, such as dollars or stocks. The Elements enhanced scripting capabilities allow non-interactive redemption and liquidation when the collateral's value is underwater, with the possibility to top up the collateral to prevent liquidation.