The Good Tech Companies - Cables Finance Releases V1.1 White Paper, Outlining Groundbreaking Approach To Real-World Asset

Episode Date: February 3, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/cables-finance-releases-v11-white-paper-outlining-groundbreaking-approach-to-real-world-asset. ... By creating a unified environment for DeFi to interact with traditional financial systems like FX and gold markets, Cables provides a framework for users to Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #cables-finance, #btcwire, #press-release, #cables-finance-announcement, #blockchain-development, #crypto-trading, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. Cables Finance has officially announced the publication of its White Paper Version 1.1. The white paper outlines a transformative technology approach to creating a liquidity flywheel. Cables provides a framework for users to access diverse trading, hedging, and earning opportunities.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Cables Finance releases V1.1 white paper, outlining groundbreaking approach to real-world asset, by BTC Wire. Georgetown, Cayman Islands, February 3, 2025, Cables Finance has officially announced the publication of its white paper version 1.1, which outlines a transformative technology approach to creating a liquidity flywheel through an innovative combination of RWA liquid staking and Aperpetual Futures DEX. The white paper, which also shares insights into tokenomics, introduces the Cables platform, combining yield-bearing stable assets with a multi-asset Perpetual Futures
Starting point is 00:00:42 exchange to bring global currencies, commodities, and equities into the blockchain ecosystem. By creating a unified environment for DeFi to interact with traditional financial systems like FX and gold markets, Cables provides a framework for users to access diverse trading, hedging, and earning opportunities. Unlike many current DeFi models that focus on USD-denominated assets, the Cables design caters to the needs of global markets, enabling retail and institutional participants to trade seamlessly across traditional and DeFi worlds. Greater than DeFi has been locked in a USD-centric model, limiting access to real-world greater-than assets, said Ian McAfee, CEO of Cables Finance. Cables is changing that by greater than bringing FX,
Starting point is 00:01:26 commodities, and non-USD yield-bearing assets on-chain, creating greater-than-new opportunities for global trading and liquidity. Key features of the white-paper yield-bearing stable assets The launch of stable assets such as CEUR, CXAU, and CJPY allows users to access global yields directly from their wallets. With projected annual yields of 15-20%, these assets offer a practical solution for earning on non-USD currencies and commodities. Perpetual Futures Exchange The introduction of a multi-asset perpetual futures DEX enables trading across crypto, FX, commodities, and equities. Utilizing a hybrid on-chain and off-chain mechanism, the DEX ensures efficient and
Starting point is 00:02:10 transparent trading. TratFi exposure with DeFi yields and trading cables finance is taking decisive steps to address the barriers that have historically limited DeFi's reach. The platform provides tools to hedge currency exposure, unlock liquidity in global markets, and manage diverse assets, helping users seeking more than traditional DeFi offerings. By allowing any supported asset to be used as collateral, Cables expands participation and enhances capital efficiency for traders. Momentum is already building around the upcoming launch of stable assets like CEUR, CXAU, and CJPY,
Starting point is 00:02:46 which will serve as the foundation for the ecosystem's growth. These assets, alongside the upcoming Perpetual Futures DEX and the Dollar Cable's token launch in Q2, are designed to attract both liquidity providers and active traders, sparking growth and engagement within the ecosystem. As the platform matures, future developments will include fiat on-off ramps and compliance tools aimed at increasing retail and institutional adoption. For readers interested in exploring the full white paper, visit the official guidebook at https colon slash slash docs dot cables dot finance slash closing square bracket opening parenthesis https colon slash slash docs dot cables dot
Starting point is 00:03:26 finance slash closing parenthesis dot about cables finance cables finance is reimagining the future of finance by creating the first in-chain venue where real-world assets, cryptocurrencies, FX, and equities converge. With a bold vision to unify global markets on the blockchain, cables is moreth in a platform, it's a movement. By bridging DeFi with traditional markets, Cables empowers users to trade, hedge, and grow their portfolios in ways previously unimaginable. For media inquiries, please contact Colin Munro, MVP of Marketing, Cables Finance, and Colin.Munro at Cables.Finance. Tip This story was distributed as a release by
Starting point is 00:04:05 BTC Wire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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