Rate Synthetix Network Token 3,531000 USDT
Change (24h): 3,98%
Started at: 28-02-2018, Concept: Not mineable
Tags: Platform, Smart Contracts, Payments, Ethereum Token (ERC-20), DeFi, Huobi ECO Chain Token, Polygon Token, Fantom Token, Avalanche Token, Binance Coin Token (BEP-20), Solana Token
Calculator SNX / USDT
How is 1 Synthetix Network Token?
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USDT | 0 SNX |
Team
- Kain Warwick
- Justin Moses
- Jordan Momtazi
- Clinton Ennis
- Charlie Karaboga
- Mikael Sundelin
- Garth Travers
- Clement Balestrat
- Matt Vernon
- Roman Mandryk
- David Kvas
- Martin Torok
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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.