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.
Discover more from AppRater
Subscribe to get the latest posts sent to your email.

An indispensable tool for remote work