In this phase, Reax is testing and improving its core functionality, which includes:
Isolated Synthetic Pools with slippage-free swaps: These are pools of synthetic assets that can be swapped without any slippage.
Spot & Margin Trading: Users can trade synthetic assets with up to 10x leverage.
Atomic Swaps: Users can swap any non-synthetic asset with any other synthetic asset with lowest price impact.
Synthetic Lending: DeFi's first lending platform that enables users to borrow volatile assets upto 99% LTV. Users can lend and borrow synthetic assets, earning interest and fees.
In this phase, Reax will launch its open liquidity applications, which include:
Perpetuals up to 125x leverage: Users can trade synthetic assets with up to 125x leverage, using a funding rate mechanism to ensure market efficiency.
Call/Put on any Asset: Users can buy or sell options on any synthetic asset, with customizable strike prices and expiration dates.
Structured Assets like Indices, Leveraged Tokens: Users can create and trade synthetic assets that represent a basket of other synthetic assets, such as indices or leveraged tokens.
Many more Synthetic Pools for Foreign Currencies, Stocks, Commodities, etc: Users can access 1000s of synthetic assets that track the price of real-world assets from various markets and sectors.
Token Launch: Trade REAX in open market: Users can buy and sell REAX, the native token of Reax protocol, which is used for governance, staking, and paying fees.
In this phase, Reax will expand its scope and reach to multiple networks and use cases, such as:
Expanding to multiple networks: Reax will deploy its protocol on various blockchains that support smart contracts, such as Ethereum, Binance Smart Chain, Polygon, Solana, etc.
Targeting varied use cases: Tradfi derivatives, RWAs, etc: Reax will cater to different types of users and needs, such as traditional finance derivatives, real-world assets (such as real estate or art), etc.
B2B Expansion: Making it easier for other protocols to build derivatives using our infra and liquidity. Providing SDK, Ui Kits, etc: Reax will provide tools and resources for other protocols and projects to integrate with Reax and leverage its infrastructure and liquidity for creating and trading synthetic assets.
In this phase, Reax will achieve its ultimate vision of enabling anyone to create any real-world asset on any blockchain. This includes:
Enabling anyone to create any real-world asset: Users will be able to create their own synthetic pools and assets without any restrictions or limitations. They will be able to choose the oracle provider, collateral type, fee structure, etc. for their pools and assets.
Synthetics specific chain; with much better ux for real world use cases: We will launch our own blockchain that will be optimized for synthetic assets. It will also have a user-friendly interface that will make it easy for anyone to create and trade synthetic assets.