Synthetify: Decentralized synthetic assets platform on Solana.
Synthetify is a Solana-based platform for creating, trading, and managing synthetic assets with low fees, high liquidity, and decentralized oracle-backed price tracking.
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What is Synthetify (SNY)?
Synthetify is an upcoming platform for synthetic assets, built entirely on the Solana blockchain. Its goal is to create a bridge connecting cryptocurrencies, stocks, fiat currencies, and other financial instruments directly through a decentralized exchange. Synthetify addresses major issues faced by other synthetic asset platforms, such as high fees, lengthy confirmation times, and losses from arbitrage during rapid market movements. The platform will introduce its own token, serving as collateral for synthetic assets, reducing fees on Synthetify, and providing voting power for governance decisions. The Synthetify protocol allows for the creation, exchange, and burning of synthetic assets based on prices sourced from a decentralized oracle system. On Synthetify, trading is conducted agains...
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Synthetify price live information
As of now, Synthetify is trading at 0.002791 USD, with a 24-hour trading volume of approximately 82.31K USD. The SNY to USD price is updated in real time. Over the past 24 hours, Synthetify has decreased by 0.78%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 15.70K USD. Currently, there are 5 625 000 SNY in circulation out of a maximum supply of 100 000 000 SNY.
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