Synthetify

Synthetify

Created using Figma
Synthetify protocol enables creation, exchange and burn of synthetic assets based on prices provided by a decentralized system of oracles. On Synthetify exchange trading is executed against the public debt pool that allows for almost infinite liquidity and zero slippage even during big trades. Participants of the debt pool earn pro rata exchange fees for acting as counterparties during trades. Debt pool participants need to constantly hold sufficient collateral in Synthetify tokens (SNY) to ensure platform stability.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • AscendEX (BitMax)
    SNY/USDT one year ago
    $ 0.0126
    $ 51.842 K
    -
    -
  • FTX
    SNY/USD one year ago
    $ 0.3446
    $ 4.911 K
    -5.25%
    258.34%
  • Serum DEX
    SNY/USDC 2 one year ago
    $ 0.9206
    $ 1.794 K
    -0.39%
    7.73%
To be announced
Token Details
Ticker
SNY
Company Details
Registered Country
Poland
Additional Details
Categories
Platform

About Synthetify

It’s an Ethereum based platform that establishes financial exchanges as pools of assets with derived interest rates, connected with demand and supply for given assets. That kind of application will be able to provide quick access to a variety of assets from one place using a single collateral. Similarly to Compound, which it is based on, users will have access to lending and borrowing on demand without the interference of third-party actors with competitive rates. Soon we will launch an alpha version of our platform. And then we will release our platform on the mainnet. Next up is our $SNY token release, which will be divided between users of the platform (75%), our team (15%) and a budget for future needs (10%). In the future, our plan predicts, the token owners will be able to govern over the platform and the possible profits it generates.

Features

Instant transactions
Synthetify platform leverages Solana blockchain infrastructure to enable ultimate trading experience with sub-second settlement time.

Reliable price oracles
Pyth network provides constant flow of price updates aggregated from the most trusted parties.

Decentralized
Access the world of synthetic stocks, crypto and other assets without any restrictions.

Layer-one solution
Synthetify takes the composability of DeFi block to the next level. Our platform and assets work on Solana blockchain and can be easily integrated into leading applications like Serum.

User friendly
You can use Synthetify platform on any device. We support all laptops, tablets and phones.

Non-custodial
Synthetify does not hold your assets. You always retain full ownership of your account and all your synthetic assets.

Synthetify Roadmap

  • Stage 1

  • Idea creation and team assembly
  • Stage 2

  • Start of implementation
  • Stage 3

  • Beta version of Synthetify's protocol
  • Stage 4

  • Synthetify token release
  • Read More
  • Stage 5

  • Release of the mainnet

Synthetify Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Norbert Bodziony
CEO
unverified
Paweł Gędłek
Frontend Developer
unverified
Rafał Cegielski
Backend Developer
unverified
Ewa Hechsman
UI/UX Designer
unverified

Synthetify Last News

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