Ratio Finance Uses Socean Streams
Ratio Finance, a Collateralized Debt Position protocol on Solana, uses Socean Streams to purchase its own liquidity.
Ratio Finance uses Socean Streams for its governance. It is a protocol that allows users to lock assets in safe & secure vaults to mint Ratio’s $USDr stablecoin and utilize $USDr within the Solana ecosystem.
The platform will be allowing users to swap their $RATIO for b180RATIO at a discount. b180RATIO unlocks into $RATIO over 180 days.
b180RATIO is used for all of Ratio Finance’s governance. Using b180RATIO is more beneficial than using pure $RATIO, as it ensures that anyone who wants to participate in Ratio’s governance must have a long-term stake. Holders of b180RATIO will be able to make proposals, ask for grants, list new assets as collateral, request for $RATIO emissions, and more.
Click this https://medium.com/ratio-finance/ratio-finance-governance-8880ca503170 for more details on Ratio’s governance.
- To purchase b180RATIO, go to streams.so/app/streams and look for the b180RATIO auction. The price of b180RATIO will go down over time, but others buying will push the price back up — so be sure to jump in when you see a price you like!
- Connect your wallet and enter the amount of b180RATIO you would like to purchase.
Click “Confirm”. The b180RATIO should then be in your wallet! You can now use it to participate in Ratio Finance’s governance.
If you would like to redeem b180RATIO for $RATIO, click “Add a stream”.
- Select b180RATIO and the amount of b180RATIO you would like to unlock.
- Click “Start unlock” and your b180RATIO will start turning into $RATIO right away. You can collect your $RATIO at any time.
The Ratio Finance DAO will periodically offer b180RATIO sales for interested individuals, DAOs, and entities that wish to participate in Ratio Finance’s governance.
About Ratio Finance
Ratio Finance is a Collateralized Debt Position protocol on Solana. The platform allows users to leverage their LP and other assets by minting risk-adjusted “USDr” against their collateral. Ratio Finance uniquely calculates the volatility of collateral in order to keep users’ assets safe.
SOURCE
About Socean
Socean is a fully autonomous, fully transparent algorithmic stake pool on Solana. They are committed to unlocking the value of staked SOL for use in the Solana ecosystem, improving staking returns for our users, and increasing decentralization on the Solana network.
SOURCE
https://soceanfinance.medium.com/ratio-finance-is-using-streams-fa518a8d0544
