Duet Protocol (Duet) is a synthetic asset protocol built on a capital reserve system that unleashes liquidity to DeFi protocols. Duet treats single assets such as BTC/USDT/DAI and receipt tokens such as WBNB-BUSD LP as collateral and credits users with liquidity in the form of synthetic stablecoin dUSD and other synthetic assets.
Imagine a world where you can open an asset account anytime anywhere in the world, borrow cash against your assets anonymously in a second, earn more assets by lending it to a short seller, own a tiny piece of an indivisible asset like a house or even program your asset so that any stranger can conduct any kind of business with you without either one of you worrying to be cheated. These are just some of the privileges that are already made a reality with blockchain technology and now with Duet Synthetic Assets. With better availability, transparency, and programmability, we call Duet synthetic assets “Sharp Assets”