How did a single collateral with SNY work?

Synthetify platform uses its native token SNY and enables:

  • Creation
  • Burning
  • Exchange

of synthetic assets.

SNY can be locked by a user in a smart contract in order to create synthetic USD (xUSD). …

In recent years the world of finance and assets as we know it is being turned upside down. Nowadays we have a new stream of ideas coming from crypto finance and the openness of blockchain systems. Decentralized finance platforms (DeFi) are offering more ‘traditional’ concepts like exchanges and lending but…


A decentralized synthetic assets protocol build on Solana blockchain.

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