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

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sBTC

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sETH

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Synthetix ⚔️

RT @DeFi_Dad: So insane how much @synthetix_io has evolved from a DeFi trailblazer trying to offer an all-in-one synth trading app on L1, l…

So insane how much @synthetix_io has evolved from a DeFi trailblazer trying to offer an all-in-one synth trading app on L1, long before DeFi Summer...

To now wholly focused on its liquidity layer, built on L2, a website dedicated to SNX staking, and a growing dApp ecosystem. https://t.co/gz0IghYX4K https://t.co/zI1wwsNVJW

What is Synthetix V3, and why is it important?

V3 will completely overhaul Synthetix to become a liquidity layer that powers the next generation of on-chain derivatives and financial products.

Learn about Synthetix V3 through a 🧵 &amp; blog post 👇

https://t.co/OvNKrfMf7d

1/28 https://t.co/PcDHHH3pc1

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RT @DeFi_Dad: So insane how much @synthetix_io has evolved from a DeFi trailblazer trying to offer an all-in-one synth trading a

Kwenta

Burt Rock

RT @Kwenta_io: Have you taken a look a the new Kwenta Options exchange?

This Friday at 7:30PM UTC, join host @BurtRock69 and special guest…

ksett

Lyra

Have you taken a look a the new Kwenta Options exchange?

This Friday at 7:30PM UTC, join host @BurtRock69 and special guest @ksett13 of @lyrafinance to learn about the best options trading experience in DeFi.

Set a reminder
👇👇👇
https://t.co/JYx7KIE20S https://t.co/BpPVg01nqS

RT @Kwenta_io: Have you taken a look a the new Kwenta Options exchange.

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