Synthetic Assets

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Altcoin Spotlight: Synthetix (SNX)

16 Sep 2023 4 minute read 1 comment MintDice.com

Cryptocurrency is a constantly developing technology, and there are always new projects and blockchains popping up on our radar. Recently, a project called Synthetix began to rise in popularity and become one of the top 50 coins on CoinMarketCap. But...

The Securities and Exchange Commission's Battle Against Synthetics - Fearing That Which is Unknown

9 Nov 2021 5 minute read 0 comments kev_nag

***INTRODUCTION*** An uproarious and brutal battle is looming on the financial horizon. And it has been brewing for quite some time now. Battling for supremacy in this fight are the Decentralized Financial systems built on the blockchain against the...

Mirror Protocol

12 Aug 2021 2 minute read 1 comment PumpingUST

** Not Financial Advice. Please do your own research before investing** Mirror Protocol Remember when Robinhood restricted the number of shares of GME/AMC that each user can buy? This restriction on stock trading for retail investors is something th...

Synthetix Details 2021 Development Agenda

14 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Synthetix founder Kain Warwick, in a detailed blog post published on Jan. 12, explained the planned development roadmap and priorities for the project in 2021. Warwick opens the 2500 word post by saying that while the roadmap is his only his thought...

OpenDAO Stock and Real Estate Backed Stablecoin Will Launch Soon

2 Jan 2021 1 minute read 2 comments lucasc

UMA Protocol lets developers build synthetic assets - a special kind of digital token which follows the price of some other valuable asset. For the last 3 months, they've run a Yield Dollar to mint based on collateral with a time limit. They represen...

Ampleforth - When Supply Meets Demand

3 Jul 2020 3 minute read 6 comments Cryptonator`s

Cryptocurrencies are extremely volatile. Ampleforth aims to take the volatility out of it. You can think of Ampleforth as a fluid economic system where the focus is on keeping the user’s spending power stable. Let me show you how you can benefit from...

Crypto-Dollar For Venezuela is Now in Alpha Stage

24 Apr 2020 1 minute read 1 comment Abhimanyu Krishnan

A startup in Colombia, Valiu, has launched a new synthetic asset to help Venezuelan citizens combat hyperinflation. Valiu Chief Executive Officer (CEO) Simon Chamorro revealed the plans for the asset, called ‘cryptodollar’ in a tweet on April 23, whi...

What is Ampleforth (AMPL)? [A Comprehensive Guide to Understanding Ampleforth]

27 Mar 2020 6 minute read 13 comments Mr.CryptoWiki

It’s been a while since I’ve done one of these guides but I’ve kinda been pushed to do it because of a very unique project that I’ve just come across with a very interesting economic premise; Ampleforth (AMPL). Welcome to my guide on Ampleforth (AMPL...

Is Synthetix Network Token (SNX) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

10 Mar 2020 8 minute read 4 comments CryptoBoomer

The world of crypto has been experiencing plenty of ups and downs. 2017 was considered the best year ever due to the crazy pump of altcoins here and there. Some altcoins successfully gained a 10,000% increase or even more within just a few months. H...

What is Synthetix Network Token (SNX)? [A Comprehensive Guide to Understanding Synthetix]

3 Dec 2019 10 minute read 4 comments Mr.CryptoWiki

If you’re a crypto investor, you’ve probably researched and wondered what will kick off the next bull run? After all, we all want to get in early and see massive gains, am I right?  In order to do this, we must first identify the leading trends that...