Tag: synthetic assets

Mar 17 2021

What Is The Mirror Protocol? An Introduction And How To Stake MIR!

Mirror Protocol is a new entrant in the now expanding space of synthetic assets platforms. It works on the Terra blockchain and is available on Ethereum via the Shuttle-bridge. These platforms allow every asset to be represented on the blockchain. So, Mirror Protocol allows synthesis and management of these tracked assets, what else does it do?...

Mar 15 2021

Definitive Guide on What Are Synthetic Assets

Synthetic assets are always considered as a switch in conventional economic markets. Presently, as the business world is evolving and is more involved in shared systems and token-based applications, we’re witnessing that crypto synthetic assets are gaining fame. This article is a definitive guide on what is a synthetic asset. Let's take a look...

Feb 11 2021

Synthetix Community Votes To Tokenize Tesla Stocks

Synthetix's governance board has voted to add Tesla stocks (TSLA) to the DeFi derivatives trading protocol. Tesla Coming to Synthetix The addition of a synthetic TSLA asset was first officially proposed on Feb. 2. The vote was put in motion on Feb. 10, and it...

Feb 03 2021

Synthetix to Launch Batch of Synthetic DeFi Tokens

DeFi's favorite synthetic assets protocol is getting a revamp. Bellatrix will see Synthetix add a new batch of synthetic DeFi tokens. Synthetix Expands DeFi Offerings Synthetix is launching a new...

Jan 28 2021

Cross-Chain Indexes Coming to Polkadot With Launch of STP 2.0

Standard Tokenization Protocol has unveiled "STP 2.0." Protocol users will be able to access cross-chain synthetic assets in various forms on Polkadot. STP 2.0 Backing Synthetics Standard Tokenization Protocol has announced a revamped version of its decentralized network. ...

Jan 18 2021

Fantom Finance in Strategic Partnership with Injective Protocol

Fantom Finance recently announced its partnership with Injective Protocol. The aim of the partnership between Fantom Finance and Injective Protocol is to improve the adoption of synthetic assets. Injective Protocol is known as the first-ever Layer 2 decentralized exchange (DEX) protocol which is able to unlock the full potential of borderless DeFi and decentralized derivatives....

Jan 15 2021

wNews: Why the World’s Richest Man Loves Dogecoin

This week's wNews column explores the various ways to measure retail's entry into cryptocurrency, as well as why the world's richest man is so obsessed with Dogecoin. Besides DOGE's...

Nov 06 2020

How To Use The Synthetix Exchange

Synthetix Exchange is a decentralized trading platform that allows you to trade your synths for any other synthetic assets. The exchange supports a variety of fiat currencies (e.g., sUSD, sEUR, etc.), cryptocurrencies (e.g., sBTC, sETH, etc.), indexes (sDEFI and sCEX), commodities (gold and silver), and inverse (iBTC). Trading on Synthetix Exchange is executed against the contract, known as P2C (peer-to-contract) trading. The system...

How To Use The Synthetix Staking Platform – Mintr

Synthetix is a decentralized protocol built on Ethereum that allows SNX users to generate a wide variety of synthetic assets, known as synths. Users can generate synths by locking their SNX as collateral via the Synthetix smart contract. The collateralized assets are combined to create a counterparty debt pool to all the minted synths; thus allowing Synthetix...

Nov 02 2020

Linear Finance (LINA) Exchange Introduced on Testnet

Linear Finance, a decentralized delta-one asset protocol announced the introduction of Linear Exchange to its existing testnet functionality. According to the official announcement, the users would be able to test buy synthetic assets with ℓUSD. The exchange is a part of Linear’s decentralized product suite. Furthermore, it facilitates faster trades with almost unlimited liquidity. In addition to that, it will act as a...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: