Phantom Docs
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.
Last modified 5mo ago
Copy link