Morpher

Morpher lets you trade 700+ stocks, crypto, commodities, indices, forex and unique assets. Users invest MPH token in a market (e.g. Apple stock) they wish to trade long or short, whereby the resulting price-action difference is materialized in the minting and burning of staked tokens. Should the user’s position earn a profit, tokens proportional to the return are minted, and, if the user realizes a loss, a proportional amount of their staked tokens gets destroyed. There is no liquidity or counterparty risk on Morpher, there are no middlemen and no commissions, as all trades are made against smart contracts.