Phuture is a decentralised protocol built for the creation and investment of token-based passive investment strategies in a Web3 environment.
Phuture introduces an open design philosophy for creating passive investment strategies, providing users with tools to create new indices or invest in existing ones created by the community.
Mirror Protocol allows the creation of fungible assets, “synthetics”, that track the price of real world assets.
All ‘crypto indices’ available in the current market are affected by Bitcoin volatility. This integration will allow for Crypto and Non-crypto assets to coexist within a permissionless index architecture. This offering will deliver a truly diversified product that aims to reduce its correlation to Bitcoin’s price/volatility.
Phuture X Mirror integration will allow for investors to benefit from long term investment in crypto, while partially mitigating crypto’s derived volatility. This is the start of a working relationship between the Mirror protocol ecosystem and the Phuture ecosystem.
The first assets to be supported will be ERC-20 assets, with a small selection being available on the Phuture Alpha testnet.