How TWIN Finance works
The TWIN Fiprotocol is founded on three fundamental functionalities that power its operation:
Minting and Burning of Derivative Assets: TWIN enables users to mint and burn derivative assets that closely mirror the value of real-world financial assets and various crypto assets, spanning indices, stocks, commodities, and cryptocurrencies. This process establishes a direct link between the digital and traditional financial realms, allowing users to create and manage a diverse portfolio of assets.
Trading and Liquidity Provision: Within the TWIN ecosystem, users have the opportunity to engage in the trading and liquidity provision of these derivative assets. The TWIN marketplace serves as the hub for these activities, fostering a dynamic environment where assets can be exchanged, and liquidity providers play a pivotal role in facilitating these transactions.
Governance: TWIN's governance structure empowers its community to actively participate in decision-making. Community members, holding and staking the TWIN Finance Protocol Token (TWIN) receive veTWIN in return for staking and locking TWIN, and thus have the authority to cast votes on critical matters such as asset prices, grants within the DAO, the introduction of new derivative TWIN assets, and protocol upgrades. This decentralized process ensures that the protocol remains adaptable and responsive to the evolving needs of its users.
Last updated