Phantom Protocol is a cross-chain synthetic asset generation protocol that supports multiple marketplaces. An overview of Phantom’s ecosystem can be seen in the diagram below. We can see that once synthetic assets are generated, they can either go to the trading market or interact with various decentralized financial services like LP farming.
Instead of using traditional order book-based trading systems, decentralized exchanges facilitate trade by using funds held in liquidity pools for every asset in a trading pair. As a result, liquidity providers are seen as trade facilitators and are paid with the transaction fees.
The Phantom team is proud to announce that, starting on September 6th, the Phantom Protocol will kick-off public token offering.
The campaign will take place in a total of 7 major public platforms, which include 5 Initial Decentralized Offerings (IDO) and 2 Initial Exchange Offerings (IEO). Details of the offerings are as follows:
IDO Platforms:
Pentalaunch (BSC based)
Bounce (Ethereum based)
WeStarter (BSC based)
DODO (Ethereum based)
IEO Platforms:
Gate.io
MEXC
Flybit