Poison.Finance
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FAQ

What is Poison.Finance

Poison.Finance protocol is a system of decentralized Trust-less Smart Contracts deployed on Ethereum, Arbitrum and Binance Smart Chain.

What are Synthetic Assets (Potions)?

The point of Synthetic Potions is to imitate the value patterns of real-world exchange-traded underlying assets like stocks, commodities, etfs. Although Potions closely represent the movements of underline assets, users are not afforded any rights of the underlying companies, comodities or etfs.

Do I have to go through the KYC process?

Poison.Finance protocol is a collection of Smart Contracts deployed on Ethereum, Arbitrum and Binance Smart Chain with no owner. All actions are undertaken by the users of the protocol. As long as you have Stablecoins like BUSD, USDt, USDc, DAI, MIM, tUSD, FRAX, or ibTokens like cDAI, cUSDC, cUSDT, aDAI you are able to perform all functions available on the Poison.Finance Smart Contracts. Please use due diligence and consult your local laws before using this software.

How do price feeds get their data?

Price Feeds are aggregated from many data sources by a decentralized set of independent Node Operators. Please see more information at Chain.link website.​