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At the seed round and token sale stages, Synthetix sold more than 60 million tokens and was able to raise $30 million. Of the total 100,000,000 coins issued during the ICO, 20% was allocated to the team and advisors, 3% to bounties and marketing incentives, 5% to partnership incentives and 12% to the foundation.
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies ...
Synthetix Network Token price today is $17.44 with a 24-hour trading volume of $119,312,877. SNX price is down -3.0% in the last 24 hours. It has a circulating supply of 150 Million SNX coins and a max supply of 225 Million. Decoin is the current most active market trading it.
All You Need To Know About The Synthetix Network Token Cryptocurrency . March 5, 2021 ・ Подписаться . Synthetix is one of the first generation DeFi platforms that predates the invention of yield farming. This is an original and feature-rich project with a SNX native token that can also be used in a variety of ways.
Synthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets. Synthetix Network Token (SNX) is a cryptocurrency, the latest Synthetix Network Token price is $17.64, down -6.90% in the last 24 hours.
Synthetix Network Token (SNX) rebounds as on-chain strength flourishes. Synthetix Network Token’s price has seen some volatility over the past couple of days, with inflows of selling pressure coming about due to the massive amount of SNX tokens stolen due to the recent KuCoin hack. Cole Petersen · 7 months ago · 2 min read
History of Synthetix Network Token (SNX) Synthetix, as it stands today, is a DeFi protocol and platform built atop of Ethereum enabling the issuance of synthetic assets (Synths) representing cryptocurrencies, fiat currencies, commodities, and more.
Synthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets. Learn More. Total value locked in Synthetix $2,192,492,201. build. Harness the deep liquidity of synthetic assets to power a new era of financial tools.
Synthetix Network is Exchange platform also rewarding with SNX token for their trader in the network and it also integrated with SNX with whatever Synthetic asset you buying so this involvement will keep updating its market cap value and it will help to grow this token price in the upcoming year, as there are lots AI-based cryptocurrencies are ...
Synthetix Network Token price prediction for September 2021 The Synthetix Network Token price is forecasted to reach $16.017 by the beginning of September 2021. The expected maximum price is $20.327, minimum price $13.822. The Synthetix Network Token price prediction for the end of the month is $16.261.