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

Synthetix ⚔️

RT @synthetix_io: We've given Synthetix Docs &amp; Synthetix Stats a fresh look!

Now, it's even easier to learn about Synthetix and explore th…

We've given Synthetix Docs &amp; Synthetix Stats a fresh look!

Now, it's even easier to learn about Synthetix and explore the complex on-chain data that drives our ecosystem.

Visit https://t.co/QfXXv2Ih5H and https://t.co/aQ1m68AyK0 to learn more!

Twitter

RT @synthetix_io: We've given Synthetix Docs & Synthetix Stats a fresh look.

Synthetix Ambassadors (✨🔴_🔴✨)

RT @snxambassadors: Spartans: It's been a long time coming - The SNX Ambassadors are kicking off the New Year with a Spartan Space with @il…

Illuvium

Kieran.eth ♊️

Spartans: It's been a long time coming - The SNX Ambassadors are kicking off the New Year with a Spartan Space with @illuviumio 

Join @KieranWarwick and us in this Spartan Space 🔥 

We will be giving away Private Beta access for Illuvium Overworld and Arena! https://t.co/Jk6aLE28ws

RT @snxambassadors: Spartans: It's been a long time coming - The SNX Ambassadors are kicking off the New Year with a Spartan Spa

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