💡eASSETS

eASSETS are synthetic tokens on the BNB Chain that mirror the price movements of traditional equities, such as TSLA, NVDA, or AAPL, without requiring ownership of the actual stocks. Unlike tokenized equities tied to legal ownership, eASSETS are created through smart contracts, using crypto collateral (e.g., BNB, USDT) to mint tokens that track equity prices via Pyth oracles. These oracles provide real-time price feeds, ensuring eAssets accurately reflect the market value of their corresponding equities within a decentralized ecosystem.

To create eASSETS, users lock cryptocurrency in a smart contract at a higher value than the eAsset being minted, a process known as over-collateralization. This ensures stability, allowing the protocol to manage price volatility or market fluctuations by liquidating excess collateral if necessary. eASSETS enable users to gain price exposure to global equities without the barriers of traditional markets, such as geographic restrictions or high costs, while integrating seamlessly with DeFi applications like yield farming or liquidity provision on partner DEXs. By connecting equity price exposure to the flexibility of DeFi, eASSETS empower users to engage with stock markets in a decentralized, accessible way.