What is Wand Protocol?

Wand is a structured asset protocol that generates two different risk assets: one is stablecoins, which aim for a risk coefficient β=0 stability, and the other is margin tokens, which increase market volatility. Wand achieves this by pooling vaults they can make these two structured assets into standardized assets. These two categories of assets with different risk profiles cater to the preferences of different investors. Stablecoins are suitable for use as stores of value, mediums of exchange, units of account, and more. Margin tokens are suitable for long-term bullish investors and speculative traders to participate in.