synthetix
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What is Synthetix (SNX)?
Synthetix is a decentralized finance (DeFi) protocol that enables crypto and non-crypto assets of different nature to transact on the blockchain. The protocol is based on the Ethereum (ETH) blockchain structure
#synthetix #ETH #BTC #Altcoin
Synthetix is a decentralized finance (DeFi) protocol that enables crypto and non-crypto assets of different nature to transact on the blockchain. The protocol is based on the Ethereum (ETH) blockchain structure
#synthetix #ETH #BTC #Altcoin
On-chain liquidity and derivatives trading protocol Synthetix has deployed version 3 (v3) on the Ethereum mainnet. 🔥🔥🔥
#syntheticassets #synthetix #v3 #ethereum #mainnet
#syntheticassets #synthetix #v3 #ethereum #mainnet
#synthetix enables the creation of synthetic assets, offering unique derivatives and exposure to real-world assets on the blockchain.
$SNX TVL - $415 million
#Synthetix will become the best liquidity layer for the perpetual trading landscape on #optimism
$SNX TVL - $415 million
#Synthetix will become the best liquidity layer for the perpetual trading landscape on #optimism
Missing out on Real Yield ?
Real yield projects' TVL has reached $2.3 billion, but it's hard to know where to invest.
Let's cut through the noise: here's what you need to know about Real Yield, and the 10 best projects.
1/ What is Real Yield?
Real Yield is the yield generated from the revenue of a protocol, independent of the yield generated from token inflation. This creates a sustainable token economy based solely on revenue.
2/ How Real Yield works in DeFi?
Real Yield operates like stock dividends, with investors receiving a portion of profits generated by the protocol. To ensure Real Yield, protocols must generate profits, with a portion of those profits going to users who have staked their tokens.
3/ I have listed my 10 picks, which consist of protocols from high TVL to low TVL:
$GMX
$LQTY
$SNX
$RDNT
$GNS
$VELA
$PENDLE
$IPOR
$DPX
$WINR
Let's cut through the noise: here's what you need to know about Real Yield, and the 10 best projects.
1/ What is Real Yield?
Real Yield is the yield generated from the revenue of a protocol, independent of the yield generated from token inflation. This creates a sustainable token economy based solely on revenue.
2/ How Real Yield works in DeFi?
Real Yield operates like stock dividends, with investors receiving a portion of profits generated by the protocol. To ensure Real Yield, protocols must generate profits, with a portion of those profits going to users who have staked their tokens.
3/ I have listed my 10 picks, which consist of protocols from high TVL to low TVL:
$GMX
$LQTY
$SNX
$RDNT
$GNS
$VELA
$PENDLE
$IPOR
$DPX
$WINR
Synthetix Treasury Council forms a strategic partnership with DWF Labs to increase liquidity of SNX tokens on centralized and decentralized exchanges
#snx #synthetix #DWF
https://blockchainreporter.net/synthetix-treasury-council-joins-forces-with-dwf-labs-secures-20m-in-funding/
#snx #synthetix #DWF
https://blockchainreporter.net/synthetix-treasury-council-joins-forces-with-dwf-labs-secures-20m-in-funding/