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Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: ejkt1807 on June 15, 2022, 03:39:47 PM

Title: MEXC Academy : What Is Synthetix（SNX）?
Post by: ejkt1807 on June 15, 2022, 03:39:47 PM

Synthetix started out as a stablecoin called Havven in 2018, and has since grown into one of the Ethereum ecosystem's most prominent derivatives projects.

Specifically, Synthetix is ​​a derivative liquidity protocol that enables the creation of "synthesizers" (or synthetic assets) that can be traded in a decentralized manner without permission.

Synths allow traders to profit from asset exposure without having to hold the assets directly. Synthetix's currency synths, such as sUSD and sEUR, are among the company's most popular synths today.

Title: Re: MEXC Academy : What Is Synthetix（SNX）?
Post by: Jaephoenix on June 15, 2022, 04:42:35 PM

Yeah, I remember Havven, I was a recipient of their airdrop back then. Quite lucrative then, and even now. Its a top topic technology, even by today's standard. Synthetic assets are getting around