ISSUAA, the next generation DeFi protocol for derivatives of real world
and crypto assets on blockchain, is now live on Polygon mainnet. After two months of testing and the finalization of our audit by Obelisk Auditing, ISSUAA is now open for anybody to invest in derivatives of real world and crypto assets and to earn high yields at relatively low risk while enjoying the low transaction costs of Polygon.
ISSUAA is a new, highly innovative DeFi protocol, which allows to bring derivatives of virtually all real world and crypto assets to the blockchain – in a fully decentralised way without any central counterparty. What differentiates ISSUAA from existing synthetic asset protocols is its high capital efficiency, which requires no over-collateralization and comes without the risk of liquidation as well as best-in-class, investor friendly tokenomics.
Also, it allows very low risk liquidity providing and yield farming, which is only marginally more risky than stable coin farming. As ISSUAA assets always come as pairs of long and short tokens, impermanent loss is significantly reduced when providing liquidity to both pools – a 50% move in the underlying assets results in an impermanent loss of only 3%.
ISSUAA is structured as a DAO, which is governed by the holders of its own governance token, the ISSUAA Protocol Token (IPT). The IPT token is used as the basis for all voting processes that are conducted, while at the same time being directly linked to the cash flows which are earned on the ISSUAA markets. Moreover, 60% (i.e. up to 60m IPT) of all IPTs once outstanding will be rewarded to investors providing liquidity in the ISSUAA pools and to IPT holders participating in ISSUAA DAO governance votes.
The decision to launch ISSUAA on Polygon is driven by our vision to build a vibrant community, which actively engages in the governance process of the ISSUAA DAO. To achieve this target and to also allow investors with smaller bags to invest in the ISSUAA pools and assets, fast and cheap transactions as well as a seamless user experience are required, without compromising on security, which makes Polygon the full stack scalable solution of choice for ISSUAA.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, 350M+ txns, and ~13.5M+ distinct users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
The ISSUAA protocol is designed to tokenize real world and crypto assets such as stocks or stock indices, commodities or crypto currencies on a public blockchain. Set-up as a DAO, the ISSUAA protocol is fully decentralized, without the need to trust any centralized institution.