Synthetic Assets on Horizon Protocol: Tremendous Achievement for DeFi

Synthetic assets are different DeFi platform tokens that digitally represent real-life derivatives like futures and options. They are created via smart contracts on a distributed and globally accessible blockchain network. дальше »

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Synthetix to Launch Batch of Synthetic DeFi Tokens

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Opium Network Launches Latest DeFi Token and New Distribution Model

Opium is a synthetic derivatives platform that launched its exchange in May 2020. The protocol allows users to create, settle, and trade decentralized derivatives on ethereum (eth). It can combine any oracle with any financial instrument. дальше »

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StaFi plans to roll out synthetic Ethereum and Polkadot tokens

Decentralized finance (DeFi) staking protocol StaFi has announced the launch of the synthetic Ethereum token, which will go live in the first quarter of the year. The announcement is coming after the company has failed to meet the deadline for some projects. дальше »

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DeFi Project StaFi to Launch Synthetic Ethereum, Polkadot Tokens

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Latest Yam Finance DeFi Offering Features Ethereum Gas Futures

The latest yield farming incentive from Yam Finance, dubbed ‘uGas,’ allows for synthetic futures contracts on Ethereum gas prices. Yam Finance, in partnership with UMA, has launched something called ‘Degenerative Finance. дальше »

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Synthetix's sUSD listed on Binance's Innovation Zone

Synthetix has been a prominent project in decentralized finance [DeFi] that allows derivatives trading. Its synthetic stablecoin asset, sUSD tracked the value of the USD Dollar and has also been experThe post Synthetix's sUSD listed on Binance's Innovation Zone appeared first on AMBCrypto. дальше »

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Synthetic Futures to launch 'relatively soon'

Earlier this month, SNX witnessed its largest drop and lowest TVL to date at $420 million as the DeFi crash led to several SNX stakers being liquidated. Source: DeFi Pulse However, since then, The post Synthetic Futures to launch 'relatively soon' appeared first on AMBCrypto. дальше »

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DEX Synthetix Now Allows Trading of Brent Crude Oil Powered by Chainlink Oracle

Popular DeFi project DEX Synthetix now allows the crypto market to trade Brent Crude Oil as well. sOIL (Synthetic Brent Crude Oil) is a non-expiring Crude Oil Index based on the futures prices of ICE Brent Crude Oil, whose price is tracked through price feeds supplied by the Chainlink oracle, which will source the data […] The post DEX Synthetix Now Allows Trading of Brent Crude Oil Powered by Chainlink Oracle first appeared on BitcoinExchangeGuide. дальше »

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Synthetix Considers Delegated Governance Model

Synthetix – the decentralized synthetic asset issuance protocol – recently approved a governance change that intends to transition its voting […] The post Synthetix Considers Delegated Governance Model appeared first on DeFi Rate. дальше »

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UMA Introduces ‘Developer Mining’ to Help Bolster DeFi Innovators

The DeFi protocol UMA has introduced a feature that it has dubbed ‘developer mining,’ which includes token rewards for projects built on its platform. The program hopes to capitalize on the success of liquidity mining and decentralized finance (DeFi) to create more synthetic assets. дальше »

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Asset manager: Activist investors may save Ethereum DeFi token Curve (CRV) as token price hits all-time lows

Curve is by far one of the most popular platforms used for stablecoin swaps, cross-chain interoperability, and synthetic assets. The post Asset manager: Activist investors may save Ethereum DeFi token Curve (CRV) as token price hits all-time lows appeared first on CryptoSlate. дальше »

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Binance Launches Venus – A Decentralized Stablecoin And Digital Assets Lending System

Binance has unveiled a new DeFi protocol Venus on its rapidly growing blockchain ecosystem Binance Smart Chain to generate decentralized stablecoin assets and allow digital assets lending. Venus (XVS) is a Money Market and Stablecoin DeFi platform on Binance’s blockchain ecosystem that will enable lending/borrowing of digital assets, and generation of synthetic assets based on […] дальше »

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DeFi Protocol Synthetix Upgrading to L2 Scaling to Alleviate Gas Costs for Small SNX Stakers

Popular on-chain synthetic assets protocol, Synthetix is in the first phase of its transition to Optimistic Ethereum, a layer two scalability solution for the second-largest network that continues to grapple with congestion and sky-high fees thanks to all the DeFi craze. дальше »

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‘Bullish Divergence’ for SNX; Nearly 80% of Synthetix’s Native Token is Locked as Collateral

Synthetix currently has about $600 million worth of crypto deposit locked, which is in decline since hitting the record $1 billion on Sept. 2nd, as per DeFi Pulse. One of the top DeFi protocols, Synthetix, is a synthetic asset issuance and trading protocol that tracks real-world assets like crypto, fiat, and stocks and uses Chainlink’s […] The post 'Bullish Divergence' for SNX; Nearly 80% of Synthetix’s Native Token is Locked as Collateral first appeared on BitcoinExchangeGuide. дальше »

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Over $1B worth of Bitcoin is locked in DeFi

Over 100k “synthetic” bitcoins or $1.07 billion has been minted on Ethereum as people...

The post Over $1B worth of Bitcoin is locked in DeFi appeared first on Coin Journal.

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Wrapped Bitcoin unwraps growth amid DeFi hype

The Bitcoin spot market may be wrestling with the resistances and support, but synthetic Bitcoin tokens have been increasing. According to reports there were over $700 million worth of synthetic bitcoThe post Wrapped Bitcoin unwraps growth amid DeFi hype appeared first on AMBCrypto. дальше »

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Synthetix Becomes The Latest DeFi Project To Fully Integrate Chainlink’s Decentralized Oracles

The DeFi protocol had previously integrated Chainlink oracles to connect off-chain data, relying on their internal oracles for on-chain data. However, Chainlink will now be fully used to remove any dependence on centralized parties as oracles providing data on the price of commodity crypto and forex synthetic assets (Synths) traded. дальше »

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Inter-Blockchain Liquidity: Minting Synthetic Bitcoin Cash With the Ren Protocol

The decentralized finance (defi) ecosystem has matured quite a bit in 2020 and one project that’s seen some growth is the Ren Protocol. The application that allows people to access inter-blockchain liquidity for a number of defi applications. дальше »

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Synthetix Foundation Decommissioned; Splits Into Three Community-Led DAOs

Synthetix Foundation, the lead developer of Synthetix, a synthetic asset DeFi platform, announced this Tuesday that the platform’s governance is transitioning to three decentralized autonomous organizations, otherwise known as DAOs. дальше »

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DeFi FOMO is Strong But What’s to Come Once This Craze is Over?

The DeFi space has been picking up heat for some time now as the tokens gained a lot of interest after their prices skyrocketed. In 2020 so far, some of the DeFi coins like Aave have jumped 3,185%, Kyber Network 898%, Bancor 498%, Loopring 493%, REN 445%, Synthetic 235%, 0x 112%, and Augur 101%. In […] дальше »

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Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain

Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. дальше »

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UMA Project Launches Synthetic Token ETHBTC Which Tracks Relative Value of ETH to BTC

UMA Protocol, a decentralized finance (DeFi) project, has approved an innovative contract to create a synthetic token called ETHBTC which would track the relative value of Ether concerning BTC. This synthetic token would allow users to bet on the relative value of the second largest token concerning Bitcoin. дальше »

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4 Million Dai Stablecoins Minted with wBTC; DeFi Gains A Boost from Bitcoin’s Liquidity

MakerDao, Ethereum's largest DeFi, has facilitated the minting of over 4 million Dai stablecoins based on its newly added synthetic Bitcoin, wBTC. This transaction was initiated by Nexo, a crypto lending platform, on May 20. дальше »

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Why $4M Dai Made From WBTC Matters for DeFi’s Maturation

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters. дальше »

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Content Creators to Earn Dai with “Synthetic Memes” on Alethea AI

Alethea AI has merged tenants of crypto’s DeFi movement with its artificial intelligent-based media platform. Content creators can now earn the stablecoin Dai for generating funny, entertaining memes. дальше »

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DeFi Platform Synthetix to Launch Ethereum-Powered Derivatives Trading

Synthetix (SNX), a crypto-backed non-custodial exchange and synthetic asset platform that provides users exposure to a vast array of financial instruments, has announced that its putting preparations in top gear to roll out more products on its platform including binary options, exchange-traded funds (ETFs) and more starting from Q1, 2020, according to a blog postRead MoreRead More. дальше »

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From Lending to Synthetic Assets: How DeFi Can Change in 2020

DeFi made its claim to fame with lending protocols that offer attractive yields. As these rates normalize, new age financial products could propel the space to greater heights.  Stablecoins and Yield in a Volatile Year In the first six months of 2019, Bitcoin spiked from a biennial low of $3,200 to a range high of […] The post From Lending to Synthetic Assets: How DeFi Can Change in 2020 appeared first on Crypto Briefing. дальше »

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