Pumo Finace is a synthetic asset issuance protocol and trading platform based on the Alaya blockchain. Users can stake their original tokens, such as AETH, ATP, etc., to mint synthetic assets.
Users can mint synthetic asset by means of staking the original asset. The synthetic asset has an intrinsic value ratio of 1:1 to the underlying asset, such as the stable currency PUSD (1 USDP = 1 USDT).
The core components/modules of the Pumo Finance network include：assets staking & minting, debt systems, asset swap exchange, insurance pools, and oracle.