Hi All, okay we have started to work on preparing the front end for and modifying the contracts for the the New B&L market.

17 Nov 2022, 20:25

Hi All, okay we have started to work on preparing the front end for and modifying the contracts for the the New B&L market. it will be called ASKOL Charged Assets Markets it will be a two sided market for Charged Asset Creators and for Power Seekers (Yield) It will be synthetic platform for B&L markets.. and will be unique by design, as to the how it works and how Charged Asset Creators and Power Seekers will profit from these markets that they create. ASKOL will be in in App token/L derivative which will only function in app and will serve to balance both the risk per Charged Market created and also will be used for Charging Assets. I am not going to give too much away. But ASKOL can only be purchased in with ASKO on the ETH Markets and with rASKO on the BSC.. Markets. Thus ensuring consistent demand for both tokens. The asset markets will run by unique algorithms managing down side risk and running the curve for Power (yield) for each Charged Asset Market. Each Charged Market can include up to 5 approved assets to form a Charged Asset, which will also offer ability to include approved NFTs.. This market will be fully automated, easy to use and easy to understand. it will also some unique features in terms of Charged Asset Auctions, but again don't want to give this away. The design is finalized, therefore we will proceed to update the Litepaper. This will be a market that is very relevant and we believe will show great resilience not matter the market conditions based on the principle of how the Charged Markets work and the opportunities they will offer to both Asset Markets Creators and Power Seekers. We will keep updating as the front end is completed and the work on the contracts and backend progresses.