Synthetix
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets.
All edits by AKAKI CHADUNELI
Edits on 18 Apr, 2022
AKAKI CHADUNELI
Edits made to:
Article (+363 characters)
Article
How Is the Synthetix Network Secured?
The SNX token is compatible with Ethereum’s ERC20 standard. The Synthetix network is secured through proof-of-stake (PoS) consensus. Synthetix holders stake their SNX and earn returns from the network fees.
Another way for SNX stakers to earn rewards is via the protocol’s inflationary monetary policy, known as staking rewards
Find more companies like Synthetix
Use the Golden Query Tool to find similar companies in the same industry, location, or by any other field in the Knowledge Graph.
By using this site, you agree to our Terms of Service.