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Clone, a protocol designed to make it simpler for Solana blockchain users to trade non-native tokens, revealed that it will launch the public mainnet of Clone Markets and Clone Liquidity tomorrow.<\/p>\n
This launch will introduce markets on the Solana blockchain for non-native assets via \u201ccloned assets,\u201d otherwise known as \u201cclAssets.\u201d<\/p>\n
The purpose of this protocol will be to simplify the trading of non-native tokens on Solana so that traders can optimize their trades to take advantage of the blockchain\u2019s fast transaction speeds and lower fees.<\/p>\n
Read more:<\/strong> What is Solana (SOL)? Learn about Ethereum\u2019s growing rival<\/a><\/p>\n Clone markets aims to be the trading platform that will enable users to directly purchase and sell clAssets. It is designed so that traders can manage their portfolios within the Solana<\/a> blockchain without having to constantly switch between various chains.\u00a0<\/p>\n It will give liquidity providers access to a liquidity<\/a> system that supports leveraged and cross-margined liquidity pools in exchange for USDC collateral. This single collateral source will be given access to every Clone pool simultaneously.\u00a0<\/p>\n \u201cOur mission is to make any token tradable without leaving Solana, expanding our community and unlocking the blockchain\u2019s true potential,\u201d Evan Deutsch, the co-inventor of Clone, said in a statement reviewed by Blockworks.<\/p>\n