Clone launches mainnet and brings “cloned assets” to Solana
Clone, a protocol designed to make it easier for Solana blockchain customers to commerce non-native tokens, revealed that it’ll launch the general public mainnet of Clone Markets and Clone Liquidity tomorrow.
This launch will introduce markets on the Solana blockchain for non-native property by way of “cloned property,” in any other case generally known as “clAssets.”
The aim of this protocol shall be to simplify the buying and selling of non-native tokens on Solana in order that merchants can optimize their trades to benefit from the blockchain’s quick transaction speeds and decrease charges.
Clone markets goals to be the buying and selling platform that may allow customers to instantly buy and promote clAssets. It’s designed in order that merchants can handle their portfolios inside the Solana blockchain with out having to consistently swap between numerous chains.
It would give liquidity suppliers entry to a liquidity system that helps leveraged and cross-margined liquidity swimming pools in change for USDC collateral. This single collateral supply shall be given entry to each Clone pool concurrently.
“Our mission is to make any token tradable with out leaving Solana, increasing our group and unlocking the blockchain’s true potential,” Evan Deutsch, the co-inventor of Clone, stated in an announcement reviewed by Blockworks.
This newest mainnet launch will observe a latest personal mainnet that went dwell on Feb. 1, the place property clARB and clOP, clones of Arbitrum’s ARB token and Optimism’s OP token, had been made accessible on the community.
Alongside clARB and clOP, cloned SUI or clSUI can even be accessible for customers to buy. This would be the first market that may allow Solana customers to commerce SUI tokens on its community.
