Follow these three easy steps.
Sign up using Email or Google
Redeem Coupon Code "BUYUCOINFREEBTC" in reward section
Your Free Bitcoin will be added in your wallet.
|Time||Price in INR||Change in %|
Synthetix spent a lot of time in 2019 climbing to the top of the DeFidapp charts before ending the year with a commitment to move to a decentralized management structure. They started in 2020 by demonstrating DeFi's 'money lego' features by combining sUSDstablecoin with the bZx trading platform. But the biggest feature he’s been waiting for is to trade stocks like Ethereum on Tesla and Apple - an absolute game changer for DeFi believers everywhere.
In March 2018, the price of Synthetix Network Token was highest in the year i.e. ₹33.633 and volume of ₹923414.56 with market cap of ₹0
In December 2018, the price of Synthetix Network Token was ₹4.38 and volume of ₹903415.11 with market cap of ₹303811792
In January 2019, the price of Synthetix Network (SNX) was ₹2.92 and volume of ₹1898955 with market cap of ₹198003647
In December 2019, the price of Synthetix Network (SNX) was ₹95.05 and volume of ₹1061315315 with market cap of ₹1.46004776e10
In January 2020, the price of SNX was ₹85.54 and volume of ₹15001984.5 with market cap of ₹1.38470296e10
In August 2020, the price of SNX was ₹484.755 and volume of ₹7.91449814e9 with market cap of ₹4.57158976e10
Synthetics uses a well-known infrastructure based on collateral, inpatient, inflation and payment systems.
The system uses two different tokens - a primary synthetic network token (SNX) and a synthetic or synthetic asset.
The system is similar to MakerDAO, where the ETH is locked to create a DAI.
In Synthetix, SNX is locked to create sUSD (synthetic USD). SUSD acts as debt, while SNX acts as collateral.
One of the essential requirements of the Synthetix system is the ability to obtain accurate information from the 'outside world'.