Black Whale completed various ETF derivatives that Cefi could not do, but in Defi. Users are able to mint ETF tokens designed to track in real-time an index of various valuable coins on multiple exchanges around the world as well as users can check the ETF portfolios of BLK whales manages. BLK whales are listed on USDB to manage their ETF tokens, ensuring that there is always enough collateral to cover the ETF tokens in the protocol. The minting of ETF tokens is decentralized, allowing users to open positions and deposit collateral. In addition, ETF tokens disclose the real assets of the tokens to support traders to own or trade these assets.

What Black Whale suggests:

• Crypto ETF derivatives
• Referral Allowance
• Collateral minting
• Governance
• PAO
• Staking
• Fixed income
• Liquidity provision
• Create synthetic assets.