Randy Shao, Managing Partner of U.S. Sacred Heart Investment, joins ComPro.Finance to focus on the development of financial derivatives
Foreword: Synthetic assets are an undervalued link in the field of DeFi, and ComPro.Finance thinks that it has great potential to be equal to or surpass the development track of DeFi. ComPro.Finance, the representative of financial innovation, provides people with more stable trading strategies. Anyone can trade assets in the chain at any time anywhere. Its goal is to realize the commonness of finance, so that anyone can trade assets in the chain at any time.
On March 8th, according to the official news, Randy Shao, the managing partner of U.S. Sacred Heart Investment and former product research manager of CME Group, joined ComPro.Finance as a senior technical and trading expert in capital market and bulk futures market. His responsibilities are to help ComPro.Finance explore the digital derivatives market based on DEFI architecture, and actively maintain contact and establish cooperation with well-known financial industry institutions and experts.
Committed to the research of digital synthetic asset agreements and derivatives trading, ComPro.Finance aims to bring simple, easy-to-use, low-risk and high-return investment types to all kinds of investors, and truly realize the commonness of finance. In the world created by ComPro.Finance, professionals, institutions and ordinary people will get asset exposure, including stocks, commodities, indexes and so on. Anyone can trade assets in the chain at any time anywhere. ComPro.Finance overcomes the “impossible trinity” of the existing barriers in the industry, which led to the “WEB 3.0 of Value Circulation”.
ComPro joins the Huobi HECO ecosystem to expand into the DeFi synthetic asset space
It is understood that ComPro is constructed on top of the Huobi ecosystem chain Heco. Relying on the low GAS fees and fast speed provided by Heco, the freedom of ComPro protocol is greatly improved, the experience of participating in casting and trading synthetic assets is smoother, the trading strategy is higher and the income is more stable. These advantages won the favor of a large number of investors, and made ComPro one of the most important members of HECO ecosystem.
According to Lito, co-founder of ComPro, digital synthetic assets represent financial instruments composed of one or more assets/derivatives. For example, for users with hedging needs, they need stable currency (which belongs to synthetic assets) in the blockchain to facilitate the flow of funds. Lito previously worked for CPRIT Funded By State of Texas, a fintech innovation company focused on finance and medical economics. He believes that synthetic assets tend to have more financial attributes than original assets and that ComPro.Finance will have the potential to bring trillions of dollars of offline financial assets into the Huobi HECO ecosystem through synthetic asset agreements as well as digital derivatives trading.
ComPro.Finance was successfully selected by virtue of its advanced technology and excellent concept in the second phase plan of HECO Creator of Huobi, and will launch the online internal testing of its digital derivatives trading product ComSwap in April this year. In the coming months, ComPro.Finance will show how to create the next generation of blockchain-based Web 3.0 innovation in the encryption field through DEFI technology. At that time, more partners in the financial ecological field will be available through derivative casting and distribution.
ComPro.Finance is now available on the Huobi HECO main network, users can exchange at MDEX and participate in liquidity to get COPR LP. It is reported that ComPro.Finance and HPT reached cooperation and have opened HPT liquidity mining on March 3. The total number of HPT locks in Heco chain exceeds 3.5 billion, supporting more than ten popular projects. Users can access DefiBox from Wallets including Huo Wallet, CodeBank, BitKeep, etc. to get more project information.
ComPro becomes the representative of innovative technology finance
DeFi has huge potential, and the synthetic assets and financial derivatives space is certainly an untapped part of DeFi. At present, its market volume is far lower than that expected by ComPro.Finance. Therefore, ComPro.Finance focuses on financial innovation in synthetic asset market. Through its own efforts, it injects high-level liquidity into DeFi and drives more funds into the market. For investors, ComPro.Finance provides a more stable trading strategy, which allows everyone to have their own assets in the chain, circulate and trade at any time and anywhere, and also makes the income of each transaction more considerable. Even if users’ assets are not used for trading, they can create profits for users by keeping them in their wallets.
There are not only legendary stories of riches in DeFi, but also painful lessons of plunging 80% or even to zero. However, the premise is how to obtain an extra income stably under the condition of guaranteeing the principal. ComPro.Finance is dedicated to providing users with more stable financial investment portfolio for the benefit of users. If people understand or agree with it, they might as well try it.