Burnt Finance

Burnt Finance is a DeFi protocol that enables anyone to mint a diverse array of synthetics and NFTs while also providing them with an unparalleled auction platform. All users are given unrestricted access to host a diverse array of auctions. Burnt is able to accommodate most major auction types ranging from English to Dutch. Additionally, users will be able to mint a diverse set of synthetic assets as well as NFTs. The platform can process 50,000 transactions/ second within a 400ms block time, allowing for a truly fast bidding process that significantly reduces the opportunity for bid manipulation. Average transaction fees are ~$0.00005, which removes friction from gas fees. Given the unparalleled combination of decentralization, lightning speed, and low fees, Burnt Finance is bringing forth a new paradigm shift in the world of decentralized finance.