The traditional banking finance that claims to play a role in making the world a better place doesn’t work. It only works for wealthy suits. It’s great for them but not for most people. The gatekeepers in this dinosaur finance retain the ownership to change the rules of the game. All these decisions are made behind closed doors. Decentralized finance (DeFi), on the other hand, may be the new kid on the block, and it is currently just a drop of stone in the ocean (Traditional Finance). However, DeFi is already a viable alternative for most important financial services. The projects that have been successful in DeFi do things in an innovative way that did not exist in the old finance. Compound, Uniswap, and Balancer are good examples.
Why does this happen? The waves of DeFi adoption are good examples to show that users want control of their finance and to define their own terms. However, most people aren’t aware of the position of synthetic.
But why does that matter? There are many different reasons behind the creation of synthetic position. Notably, it allows one to take a position without forking out the capital to actually buy/sell the asset. With the incentivized synthetics, you can start building a financial data market. With this financial data stream, you can start any DeFi business you want on top of it or package and sell the data for others to build on.
Rather than purely inherits it's predecessor RFI's, Nebula create new features similar to Compound/Aave which allows the SNBL, SNBL- LP , SVT , SVT-LP tokens to be used for collateral.
A nebula is an interstellar cloud of dust, hydrogen, helium and other ionized gases. A wonderfully mysterious diffused astronomical object.
Focusing on its yield aggregator and NFT marketplace, SafeNebula aims to do this by being a new protocol that adds features to existing DeFi systems.
Nebula's current road map (To be updated) :