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

Polynomial Protocol

Optimism (✨🔴_🔴✨)

RT @PolynomialFi: ✨ Excited to announce the beta launch of Polynomial Trade on @optimismFND

Polynomial Trade is a decentralized trading pl…

✨ Excited to announce the beta launch of Polynomial Trade on @optimismFND

Polynomial Trade is a decentralized trading platform for derivatives built on top of @synthetix_io

👉 To join the beta, fill- https://t.co/6AKW4ARWiz https://t.co/Mw8xp8LQQT

Twitter

RT @PolynomialFi: Excited to announce the beta launch of Polynomial Trade on @optimismFND.

SNXweave

RT @snx_weave: The Weekly Recap is here! 

⚔ Spartan Council &amp; CC updates
⚔ Grants &amp; Ambassador Council updates
⚔ SIP presentation summary…

The Weekly Recap is here! 

⚔ Spartan Council &amp; CC updates
⚔ Grants &amp; Ambassador Council updates
⚔ SIP presentation summary
 
Podcast on 🚀YOUTUBE🚀: 
https://t.co/FX20IsOAfd

Anchor Podcast: https://t.co/ByZZOuut9k

BLOG: https://t.co/5L2WrPsJrK

RT @snx_weave: The Weekly Recap is here. Spartan Council & CC updates. Grants & Ambassador Council updates.

Same news in other sources