DeTra Protocol

A System for the Creation of Exchange-Traded Funds on a Decentralized Blockchain.

DeTra creates a new investment instrument to enable institutions to build innovative ways to attract capital and deploy liquidity. Institutions have been adding more ETFs to their portfolios due to their flexibility, liquidity, analytics, and order flows. (Visual Capitalist)5 This same trend could carry over to the decentralized market. Market makers can seize opportunities arbitraging the underlying assets that have mispricings between centralized and decentralized exchanges.

The DeTra team has identified the importance of launching on the Arbitrum blockchain, which offers a scalable and secure solution for decentralized applications. As a Layer 2 scaling solution built on Ethereum, Arbitrum inherits the same major development standards as Ethereum, ensuring a robust security framework for smart contracts.

The potential acceleration in organic intra-chain growth is possible with the success of DeTra baskets on Arbitrum, as they give users the ability to invest their capital strategically. In addition to intra-chain growth, Arbitrum could see growth from inter-chain capital through deposited wrapped tokens, digital assets that have been transferred over from another blockchain. Wrapped tokens thrive in blockchains that increase the utility, accessibility, and transaction costs. DeTra can offer digital asset baskets with wrapped tokens that can drive capital to the Arbitrum network.