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200 USDC
xSynth
XSYN
What is xSynth (XSYN)?
xSynth is a decentralised liquidity provisioning protocol that allows holders to stake liquidity and create synthentic is an EVM compatible chain, boasting 2,000 TPS, Hybrid Networks, Public and Private transactions. With incredibly low gas fees, xSynth enables users to take DeFi Liquidity Pool technology to the next level.
Assets are collateralized by stakers via xSynth Network Token $XSYN, which when locked in a staking contract enables the issuance of synthetic assets (synths). This pooled Debt vs Asset collateral model allows users to perform conversions between synths directly with the smart contract, avoiding the need for counterparties. This mechanism solves the liquidity and slippage issues experienced by DEXs.
Frequently Asked Questions about xSynth
Where can I find more info about xSynth?
You can find more info about xSynth on the official website.
Where can I follow updates about xSynth?
You can follow updates about xSynth on their X account.
Where can I join xSynth community?
You can find xSynth community on Telegram.
What is the contract address of xSynth?
The contract address of xSynth is 0xBa2909fF1e68A2E9ec6bcf170d3F8EfCc851273a on Ethereum.
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