HALO Launches HALO-DEFI Trading System, Creating a Super Derivatives Public Chain Leader
Developing DeFi under completely liberalism economics is difficult to enter a new growth stage, although the DeFi market has obtained achievements that another crypto section is difficult to attain. But DeFi cannot still build its underlying infrastructures. How to solve the last kilometer problem for users to enter the DeFi market? How to let them join the development of the whole ecosystem in the most direct and diversified way? HALO is focusing on solving these two questions and will continue to do so.
As an underlying public chain in an increasingly mature financial public chain sector, HALO with the need to strategically develop its ecosystem will be based on a new stablecoin HUSD to introduce the HALO-DEFI derivatives trading system. HUSD will be the core pass of this super derivative public chain. With HUSD, the value within the public chain will be realized in the most effective and direct manner.
HALO-DEFI Is Developed for Higher Efficiency for Crypto Investors
After long-term precipitation and operation, HALO Network has strong financial reserves, mature community consensus, stablecoin issuance and operation experience forged by large business volume, and the ready-made HALO public chain ecosystem, etc., which makes HALO-DEFI emerge at this historic moment.
HALO-DEFI derivatives trading system is a decentralized derivatives trading system established by the HALO ecosystem based on HUSD decentralized stablecoin. It will launch aggregated trading of tokenized traditional financial assets, stablecoins, and decentralized leveraged contract trading products. In turn, aggregate trading includes stocks, funds, futures, and other mainstream asset tokenized products, thus achieving a closed loop of transaction value and commerce based on HUSD decentralized stablecoin.
Building an HUSD-Based Multi-Layered Super Derivatives Public Chain
Compared with other public chains, HALO has a very clear understanding of its role, that is, to be a problem solver in the market, solving the existing investment efficiency problems in the market by using its capabilities, and play the role of market liquidity trading medium to create a multi-layer DeFi super derivatives public chain.
At present, if investors want to participate in the investment of traditional financial products, they generally need to go through centralized intermediate institutions. However, the arbitrary control of centralized institutions is bound to cause hidden dangers in the security of users’ funds. Also, the efficiency of business processing is extremely low. At the same time, the traditional financial market has many barriers, many rules, and opaque, cumbersome operations, which has caused great trouble to investors.
In addition, the previous market investment business, both in deposit and mortgage financing, needs different currencies deposited in the corresponding product certificate. This is cumbersome to operate and cope with the risks and opportunities for the users of flexible adjustment being not high. So investors cannot get a diversified portfolio and investment tools, blocking access to enjoying the high net worth of their financial business wealth value-added services.
In response to market needs and problems, HALO’s HALO-DEFI derivatives trading system could completely reverse the situation and trigger a further boom in DEFI.
1) Building a Trading Platform Aggregating Mainstream and Synthesized Assets
HALO-DEFI provides users with an underlying stablecoin as a versatile tool HUSD, to obtain tokenized aggregate transactions including stocks, futures, funds, and even mainstream assets, and circulate them in the market. Through a transfer and payment chain that leverages various functions of HUSD, users can directly use cryptocurrencies to invest in traditional financial products.
HALO-DEFI focuses on stablecoin settlement, which allows investment in traditional financial assets through permissive cryptocurrencies. HUSD stablecoin allows access to previously inaccessible high-net-worth investment products, while flexibly adjusting the portfolio according to market dynamics.
2) Price Discovery Offered by the Oracle with HUSD
A stablecoin is born for stability, and stable for safety, and liquidity. This is one of the main reasons why stablecoins are the medium of exchange used. Therefore, with the help of a HALO oracle for price discovery, price discovery and decision information can be provided for the high-quality stability of the HUSD. At the same time, stablecoin HUSD anchors through multiple asset staking mechanisms to maintain pegged to the dollar, increasing the risk resistance of stablecoins in the market. In the early stage of its launch, the token mechanism will be anchored by HO+USDT.
3) Increasing Capital Efficiency and Yielding Scale through Decentralized Margin Trading
In addition to the above aggregative trading products and stable and diversified product services, the HALO-DEFI homepage also offers leveraged contract trading to meet users’ demand for high capital efficiency and enhanced returns. Compared with traditional leveraged contract trading, the HALO-DEFI liquidation mechanism is more clear with the hedging risk operation space being more diversified and open.
Developing an Optimized Model for Business Growth Based on HD-Centered Governance
HALO’s new token HD is the core token covering the middle and front ends in the HALO-DEFI system. It will be used as the platform governance token and for users to exercise voting rights. It will also be used as the platform commission staking token to promote the growth of transaction scale and activity. In terms of economic model design, HD adopts the unlimited issue mode with a total of 10 million tokens. HD will be produced directly from incentive mining within 210 days. The output distribution ratios of HO/OSK-DAO, HO/HOS, and HO/HBG are 70%, 20%, and 10%, respectively.
Moreover, HALO will continue iterative upgrade the HALO-DEFI platform to provide a package of stablecoin trading models. The introduction of more transaction types and ecosystem projects will enable a leading trading section that can be customized by users. In this way, investors and potential users can fully participate in creating a larger DEFI market scale, sparing no effort to make HALO a new super derivatives public chain.
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