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Current rate

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Rate Synthetix Network Token 0,00000583 BTC

Change (24h): -0,17%

Current
Marketcap

235 178 176 USD -1.79%

In stock
Volume

47 003 732 USD 45.45%

Highest rate
ATH

28,86 USD -97.6%
14-02-2021

Started at: 28-02-2018, Concept: Not mineable
Tags: Platform, Smart Contracts, Payments, Ethereum (ETH) Token (ERC-20), DeFi, Huobi ECO Chain (HECO) Token, Polygon (MATIC) Token, Fantom (FTM) Token, Avalanche (AVAX) Token, Binance Coin (BNB) Token (BEP-20), Solana (SOL) Token, Decentralized Exchange (DEX), Exchange, Governance, Derivative, Yield Farming

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Description

Synthetix Network Token will be a decentralised payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralise the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed in proportion with each individual’s stabilisation performance. Thus, Synthetix Network Token rewards suppliers of stability and charges those who demand it.

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Marketcap
  • 3 991 899 018 707 USD
  • Change: -2.04%
Volume
  • 346 922 346 876 USD
  • Change: 4.38%
Cryptocurrencies
  • All: 8 339
  • Active: 32 160
Exchanges
  • All: 1 268
  • Active: 360
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