"Cables Finance Unveils White Paper 1.1: Revolutionizing DeFi with Global Assets"

Cables Finance, a trailblazing entity in the realm of decentralized finance (DeFi), has unveiled its White Paper Version 1.1, outlining a groundbreaking approach to fostering liquidity through a strategic blend of risk-weighted asset (RWA) liquid staking and a perpetual futures decentralized exchange (DEX).

The white paper, which delves into the intricacies of tokenomics, introduces the Cables platform, a pioneering venture that harmonizes yield-bearing stable assets with a multi-asset perpetual futures exchange. This innovative ecosystem seamlessly integrates global currencies, commodities, and equities into the blockchain sphere, providing users with a diverse array of trading, hedging, and earning opportunities.

Unlike many existing DeFi models that predominantly focus on USD-denominated assets, the Cables design is tailored to the needs of global markets. This approach enables both retail and institutional participants to navigate the realms of traditional finance and DeFi with unprecedented ease.

Ian McAfee, CEO of Cables Finance, underscored the transformative potential of the platform, stating, "DeFi has historically been confined to a USD-centric model, limiting access to real-world assets. Cables is poised to revolutionize this landscape by bringing FX, commodities, and non-USD yield-bearing assets onto the blockchain, creating new avenues for global trading and liquidity."

The white paper highlights several key features, including:

• Yield-bearing stable assets: The launch of stable assets such as cEUR, cXAU, and cJPY empowers users to access global yields directly from their wallets, with projected annual yields ranging from 15% to 20%.
• Perpetual futures exchange: The introduction of a multi-asset perpetual futures DEX facilitates trading across crypto, FX, commodities, and equities, ensuring efficient and transparent transactions through a hybrid on-chain and off-chain mechanism.

Cables Finance is actively addressing the historical barriers that have hindered the reach of DeFi. The platform equips users with tools to hedge currency exposure, unlock liquidity in global markets, and manage diverse assets, catering to those seeking more than traditional DeFi offerings. By allowing any supported asset to serve as collateral, Cables expands participation and enhances capital efficiency for traders.

The upcoming launch of stable assets like cEUR