Butane Community

Community account of @butaneprotocol,

run by fans, Not officially associated

The next #DeFi protocol on Cardano.

⚡ Faster synthetics than ever ⚡

[neo @neophyte_ada]

🧵In the realm of Cardano DeFi, concurrency and contention are significant hurdles which every project must face. Butane has a clear strategy for how to navigate these challenges seamlessly.
Here’s a short thread on how their advanced code aims to boost throughput and efficiency:

[elraulito @elraulito]

I just

🔸Minted 50 tokens CIP68
🔸Burnt 10 tokens
🔸Bought SNEK on 2 different Dexes 🐍
🔸Rented out an NFT from FluidTokens 🌊
🔸Removed a listed NFT
🔸Sent tokens to +30 users
🔸Paid 0.22$ of fee

IN ONE TRANSACTION

Thanks Cardano 💙

[Butane Community @butanecommunity]

𝟒. 𝐅𝐫𝐢𝐜𝐭𝐢𝐨𝐧𝐥𝐞𝐬𝐬 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭 : Switch between equities, synthetic silver/gold, and other assets without having to hold the underlying asset.

[Butane Community @butanecommunity]

Advantages of crypto synthetic assets vs. traditional derivatives

𝟏. 𝐀𝐧𝐲𝐨𝐧𝐞 𝐜𝐚𝐧 𝐢𝐬𝐬𝐮𝐞 𝐭𝐡𝐞𝐦
𝟐. 𝐖𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞 𝐥𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲
𝟑. 𝐁𝐨𝐫𝐝𝐞𝐫𝐥𝐞𝐬𝐬 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐬
𝟒. 𝐅𝐫𝐢𝐜𝐭𝐢𝐨𝐧𝐥𝐞𝐬𝐬 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭

@butaneprotocol #defi101

[Butane Community @butanecommunity]

𝟑. 𝐁𝐨𝐫𝐝𝐞𝐫𝐥𝐞𝐬𝐬 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐬 : Synthetic assets are blockchain assets like ERC-20 tokens; you can send and receive them between standard cryptocurrency wallets.

[Butane Community @butanecommunity]

fire is rising 🔥

@butaneprotocol

[Butane Community @butanecommunity]

#NewProfilePic

[Vinci 🔮 @wmtoshi]

Are you ready? #ButaneProtocol releases the tokenomics and their looking sweet. Building on Cardano keeps looking better and better, whilst competition is heating up in the space. Things are looking good. #ADA #Cardano #CardanoCommunity

[Butane Community @butanecommunity]

Synthetics, Sometimes referred to as synths, synthetic assets are blockchain-based cryptocurrency derivatives that act and feel like traditional derivatives, but are far from normal

#DeFi101 @butaneprotocol #cardano

[Butane Community @butanecommunity]

GM Butanians, have a good day

@butaneprotocol

[Butane Community @butanecommunity]

@Yannick67688949 🔥♥️

[Butane Community @butanecommunity]

Good morning Butanians

How are you doing ?

[Butane Community @butanecommunity]

@cdeangelo68 Gm

[Butane Community @butanecommunity]

@Yannick67688949 Gm gm

[Butane Community @butanecommunity]

@dogw__d GM, soon 😁

[Butane Community @butanecommunity]

@dani_b007 Gm bro

[Butane Community @butanecommunity]

@KennYB836885184 @butaneprotocol 🔥

[Butane Community @butanecommunity]

Are you excited for what's coming ?

@butaneprotocol

[Butane Community @butanecommunity]

Good Evening Butanians 🔥🔥🔥