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

Curve Finance

1inch Network

Great news for SNX Atomic Swaps V2!

These curve governance proposals will significantly reduce swap fees and expand the number of trades routing through SNX.

Don’t forget to vote YES to help make Atomic Swaps through @CurveFinance and @1inch even more efficient.

Check it out👇 https://t.co/RRtHwLRhAc

Synthetix ⚔️

December 5, 2022: Splitting the Atom ⚛️⚡
@Synthetix_io proposes @CurveFinance parameter changes for Atomic Swaps v2

https://t.co/NunxpX3XWX

Quick look at how $SNX developments may reshape #DeFi
🧵1/7👇

Twitter

Great news for SNX Atomic Swaps V2!

These curve governance proposals will significantly reduce swap fees and expand the number of trades routing through SNX.

Don’t forget to vote YES to help make Atomic Swaps through @CurveFinance and @1inch even more efficient.

Check it out👇 https://t.co/RRtHwLRhAc

December 5, 2022: Splitting the Atom ⚛️⚡
@Synthetix_io proposes @CurveFinance parameter changes for Atomic Swaps v2

https://t.co/NunxpX3XWX

Quick look at how $SNX developments may reshape #DeFi
🧵1/7👇

Great news for SNX Atomic Swaps V2.