Synthetify Launching on AcceleRaytor.

Published on: 21.06.2021

Synthetify will be launching on AcceleRaytor! Synthetify is a decentralized protocol that allows for the creation and exchange of synthetic assets that closely track the price of underlying assets. Synthetify’s synthetics adhere to the SPL token standard, allowing them to be easily integrated with DeFi applications across the Solana ecosystem.

About Synthetify

Synthetify is a decentralized protocol that allows for the creation and exchange of synthetic assets that closely track the price of underlying assets. Synthetify’s synthetics adhere to the SPL token standard, allowing them to be easily integrated with DeFi applications across the Solana ecosystem.

Synthetify leverages Solana to enable a fast, cheap and intuitive trading experience for users of the platform while staying fully decentralized thanks to an infrastructure that relies on smart contracts and blockchain oracles.

The Synthetify Token (SNY) gives the ability to participate in the protocol through staking. Stakers receive a pro rata share of fees generated by the exchange as well as additional rewards as well as acts as a collateral token for all synthetic assets created on the platform and each token will have voting power on future governance proposals.

⬇️DETAILS:

https://raydium.medium.com/synthetify-launching-on-acceleraytor-3755b4903f88

 

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