What is Laminar? Laminar is a decentralized finance protocol, similar to DYDX, DerivaDEX. Laminar supports trading a variety of assets and leverage trading up to 50x. So what makes Laminar different from the rest of its competitors? We invite everyone to join Weakhand for information about the Laminar project!
What is Laminar?
Laminar is a decentralized finance protocol that supports trading of various assets. Similar to DYDX, DerivaDEX, Perpetual Protocol, Laminar also supports leveraged trading with leverage up to 50x. Laminar’s goal is to provide a new type of transaction model, and strengthen the De-Fi ecosystem.
How Does Laminar Work?
Synthetic Asset
This protocol helps users trade and profit from different types of assets. And this protocol helps limit risks when users lock 100% of their assets, avoiding excessive price slippage when trading.
Margin Trading
Users can open Long and Short positions with leverage up to 50x. Laminar’s advantage is instant liquidity, helping users limit risks.
Money Market
This protocol uses the assets of traders and liquidity providers to deposit to generate profits and increase liquidity on Laminar’s network. Similar to Liquid Staking in other AMMs.
The Laminar Difference?
- Has good liquidity
- Limit risks when trading with leverage such as scanning Stoploss, adjusting prices by a group of people,…
- Provide liquidity and generate profits
Development Roadmap
- Q4/2019 – Q4/2020: SUBSTRATE
- Q1/2021: Launch Parachain on Polkadot platform and launch Mainet
- Updating…
Core Team
Ruitao Su: CEO
- He graduated from Auckland University majoring in Bcom, Business/Commerce, General in 2005
- After graduating from University for about 4 years, he founded a software development company called Less Code Limited, he and his team have achieved many achievements and awards such as Itunes Rewind, NZ Best Award, NZ Hi -Tech Award,…
- From August 2019 to present, he held the position of Co-founder and CEO at Laminar and during that time he was also Co-Founder of Acala Network from October 2019 until now.
Bryan Chen: CTO
- Bryan Chen graduated from the University of Auckland majoring in computer software engineering in 2013
- After graduating, he worked as a software development engineer from 2013-2018 at three companies: Motion, Kami and Compac Softing Equipment.
- Then Bryan worked at Centrality.ai for more than a year from 2018-2019 with the title of software engineer and product engineer.
- August 2019 until now he is an ambassador for Polkadot and co-founder and chief technology officer at Acala Network
Bette Chen (COO):
- She has 3 years of experience as a software engineer at First Data Corporation, one of the largest software companies in New Zealand.
- Next, she was a technology consultant for HIT from 2008-2010.
- During the period from July 2018 to August 2019, she worked as a product manager for Blockchain, dApps, Protocol for Centraly.ai, a leading Blockchain venture company in the world.
- She was Co-founder of Flowingo for more than 1 year from 2019-2020, this is an education and thinking training business.
- From 2019 until now, she is Co-founder of Acala Network and Laminar.
Investor
Until now, Laminar has not announced the specific list of investors and the amount of money they raised. But Laminar is a project worthy of attention when invested by Web3 foundation and Polkadot.
Tokenomics
Token information
Currently, Laminar has not officially announced the project’s token
Token Allocation
Updating…
Token Release
Updating…
Token Use Case
Updating…
Project Information Channel
Website: https://laminar.one/
Twitter: https://twitter.com/laminarprotocol
Summary
Laminar is a potential project with investment from Polkadot and Web3 Foundation, Laminar promises to bring a more convenient and risk-limiting trading experience to traders. Let’s learn and evaluate to make our own opinion about Laminar!