Welcome to Float! 👋
This is the official documentation for Float, a novel protocol allowing users to easily and safely gain exposure to magic internet assets without over-collateralization. 💡
Check out our alpha launch for info on our early release!
In fancy terms, Float is a peer-to-peer, yield-enhanced, floating asset exposure mechanism.
Put simply, Float is the easiest and safest way for users to buy magic internet assets. Users do not need to worry about over-collateralization, or suddenly getting liquidated.
Float is a novel protocol, creating an efficient magic internet asset marketplace, governed entirely by code, allowing anyone around the world to get involved. 🚀
The vision of Float is to provide decentralize and trustless exposure to various asset classes. Traditional financial markets are often complex, opaque and geographically separated, making it difficult for the average user to hold a diversified basket of assets. Further, traditional markets encompass layers of various services providers, all carrying subtle yet significant fees, tending to erode a large amount of the end-users investment returns.
Smart contracts allow for trustworthy and efficient coordination of a financial system where the user’s exposure to various assets can be built in a peer-to-peer marketplace.
Float is a financial paradigm where code is law.📖
Float allows our global investor base to easily gain magic internet asset exposure, without over-collateralization, leverage, or any other financial mechanism designed to make you fail. Instead, Float uses a novel protocol (yes, it's not simply a fork of some existing protocol), allowing users to gain floating exposure to a magic internet asset, where economic mechanisms exist, incentivising exposure to the magic internet asset to remain within a certain band.
- Read the whitepaper 📄
- How does the protocol work?
- How to mint a magic internet asset position?
- What is the Float token?
- How to stake and earn Float?
- Getting started with Float:
Join our new and vibrant community to help steer the initial direction and development of Float 💃