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 belongings through “cloned belongings,” in any other case referred to 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 make the most of the blockchain’s quick transaction speeds and decrease charges.
Clone markets goals to be the buying and selling platform that can allow customers to immediately buy and promote clAssets. It’s designed in order that merchants can handle their portfolios inside the Solana blockchain with out having to consistently change between varied chains.
It is going to give liquidity suppliers entry to a liquidity system that helps leveraged and cross-margined liquidity swimming pools in trade 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, mentioned in a press release reviewed by Blockworks.
This newest mainnet launch will observe a latest personal mainnet that went reside on Feb. 1, the place belongings clARB and clOP, clones of Arbitrum’s ARB token and Optimism’s OP token, have been made out there on the community.
Alongside clARB and clOP, cloned SUI or clSUI may also be out there for customers to buy. This would be the first market that can allow Solana customers to commerce SUI tokens on its community.
