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What is Phant (pAsset)?
All synthetic assets created on the Phantom platform are called Phant (also known as pAsset), which is a generic term for all synthetic assets created on the Phantom platform.
Synthetic assets are blockchain-issued tokens that mimic the price movement of another financial asset in the real world, allowing crypto-asset holders to trade other financial assets on a single platform.
Over-collateralization allows users to create a corresponding synthetic asset on Phantom. Users can trade synthetic assets to achieve the same results as traditional financial assets while also earning liquidity mining rewards.
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