Syndr Protocol – Borrow Synthetic Assets Against Your Stablecoins By Providing As Low As 110% external link

Syndr is the easiest and the most capital-efficient Decentralized Finance(DeFi) protocol for synthetic assets on the blockchain. It allows users to borrow synthetics assets against their stablecoins by providing as low as 110% in collateral. These synthetic assets can be traded anywhere in the world 24/7, 365 days a year. Think a DeFi powered wall-street but global!
Users can use Syndr to create any kind of synthetic asset as long it is trackable via a verifiably trusted oracle price feed. This includes equities, commodities, currencies, indices, and even other cryptocurrencies.

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