About Crafting Finance

Crafting Finance is a protocol for issuing synthetic assets and a platform for contract trading built on the Polkadot blockchain. It allows users to collateralize assets such as DOT, KSM, BTC, ETH, and the project-issued CRF to mint various synthetic assets, known as RAFTs. These RAFTs include stablecoins (RaftStable), simple synthetic assets (Raft), custom synthetic assets (UnivRaft), and synthetic bonds (BondRaft). Users can trade these assets on a decentralized exchange called Kingsman, which facilitates asset swaps and contract trading without requiring counterparties, thereby addressing liquidity and depth issues common in traditional DEXs. The system incorporates modules like collateral pools, fee pools, oracles for price feeds, and a Polkadot bridge. Collateral pools aggregate user ...