Why synthetics / derivatives?

Have a look at the picture below. This is step 1 of any ecosystem. A stablecoin which is native to a chain, and a DEX to trade it on. That gives a Store-of-Value asset and a transaction medium, so that operations like trading, investing, holding can be realized. Great! But that’s only step one.

Step ONE of any blockchain economy: a native stablecoin asset and a native DEX.

To grow an ecosystem, the model needs to expand. There need to be lending protocols, more stabl coins, pegged assets, yield aggregators, options, futures, etc. All of them are second-third-fourth stages of an ecosystem’s underlying economy. NOME Protocol’s USDbr comes into play here as well, uniting them all and infusing life into them.

Step TWO+THREE of a thriving blockchain economy: derivatives adding more volumes and fees to the underlying native stablecoin asset and the native DEXes.