Synonym is a cross-chain credit platform for DeFi experts. It simplifies borrowing, lending, and earning across different blockchains using a single interface. It utilizes Wormhole to enable smooth cross-chain transactions, supporting a fully cross-collateralized market without wrapping or swapping assets. Synonym addresses the need for better cross-chain lending by providing a user-friendly platform connected to multiple chains and assets. It emphasizes transparency, strong security, broad connectivity via Wormhole, and aims for growth within the Wormhole network.
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