Lien Finance - crypto-backed stablecoin and ETH options protocol

Trustless and governance less Lien protocol enables ETH derivatives SBT and LBT and crypto-backed stablecoins iDOL.

The innovative features of this protocol include providing a secure derivatives market with no liquidation involved and enabling a fully decentralized stable coin designed to function without over-collateralization and a cumbersome governance mechanisms.

Lien FairSwap, a decentralized exchange (DEX) platform that provides an opportunity to trade cryptoassets based on the Constant Product Market Maker model. The platform also incorporates the idea of frequent batch auction and is designed to be robust against front-running.

Not that it’s quite complex smart-contract based product launching without admin keys or governance, with an anonymous team.

Site: (Ropsten)