Synthetic is a protocol for issuing and trading synthetic assets based on Ethereum. Synthetic assets, synthetic tokens or synth are RC20 tokens that track the price of an external assets. It consists of smart contracts and a set of incentives, the value of the network token also acts as collateral, for the production of a synthetic asset, a lock of the proportional value of SNX is required, which allows you to instantly convert between synthetic assets without the problems with liquidity and slippage that other decentralized exchanges. The resulting token network supports a wide range of use cases, including trading, loans, payments, money transfers, e-commerce, and more.

Synthetix news today, SNX crypto latest news of token ticker

Synthetix

Synthetix is a protocol for the release of synthetic assets on the Ethereum blockchain. The project supports the idea of stablecoins by adding the ability to create a digital copy of any asset. The sUSD is a digital copy of the US dollar.

sUSD news today, SUSD crypto latest news of token ticker

sUSD

sBTC (SBTC) news

sBTC

sETH (SETH) news

sETH

sEUR (SEUR) news

sEUR

Twitter

Welcome to the future of trading.

Exciting news! The Perps V3 Trading Competition will begin next week, on Oct 2nd, on @BuildOnBase Goerli Testnet.

Compete to win $15,000 SNX, 15 $Kwenta, and NFTs!

Join us @kwenta_io and @polynomial_io to earn prizes and enhance Perps V3.

Learn more 👉 https://t.co/0V3Pj7YoFA

Exciting news.  The Perps V3 Trading Competition will begin next week, on Oct 2nd, on @BuildOnBase Goerli Testnet.

Synthetix Perps Rewards: Optimism Trading & Lido Incentives Extension

Good news! The stETH/ETH perps market has been added to the @LidoFinance & Synthetix OP Trading Rewards program as of Sep 26th at 0:00 UTC.

The following rewards distribution, with this addition, will take place on Oct 3rd/4th. Stay tuned!

Learn more 👇

Good news.

Same news in other sources