Coinversation Protocol is a synthetic asset issuance protocol and a decentralized contract trading platform based on the Polkadot contract chain. It takes the token CTO issued by Coinversation Protocol and Polkadot (DOT) as collateral, and synthesizes any cryptocurrency or stocks, bonds, gold and any other off-chain assets through smart contracts and oracles. Users can forge a certain synthetic asset, such as the U.S. dollar, by staking CTO or DOT, and automatically take a long position on that asset. Users can also convert minted assets into other assets through the trading platform, so as to achieve the purpose of shorting assets and longing other assets.