A detailed description and exchange rate of Bitcoin SynLev (SYN)

 SynLev (SYN) Derivatives, Decentralized Exchange Token (DEX), Decentralized Finance (DeFi), Exchange-based Tokens 

Blockchain: N/A using algorithm N/A

Read more about the blockchain, hashrate, mining SYN

Curculation 21762043.210252803 из 83000000 SYN

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SynLev is a group of synthetic leveraged asset pairs built and tokenized on Ethereum, price fed data from Chainlink oracles. The goal of SynLev is to provide decentralized, trustless, and non-KYC gated leveraged assets that behave similarly to traditional leveraged ETF’s (e.g. 3X BULL ETH/USD token). Traditionally leverage is achieved through debt or fund re-balancing. SynLev assets do not require fund re-balancing or any form of debt.SynLev assets are deployed in pairs and are collateralized by both the ETH required to mint the tokens, the performance of the opposing asset, and liquidity providers. This system enables unique benefits. Foremost there is no need for an individual counterparty, the effective counterparty for a BEAR token is the entire equity of a BULL token and liquidity providers, greatly reducing counterparty risk. Token pairs are isolated, dramatic price movement cannot affect liquidity of the entire system. Assets do not rely on pooled shared collateral, there is no limit to the number of assets that can be minted. Assets always retain 100% liquidity.

Top exchanges by trading volume SYN

Rating SynLev

Rank by rate  CoinMarketCap: 2640

Rank by rate  CoinGecko: 3695.

Evaluation of communication (points): 0

Common Assessment Points: 0

Evaluation of the design (points): 0

Assessment of the liquidity (points): 1

Useful links and additional information

Courses, exchanges, trade SYN

Blockchain, hashrate, mining SYN

Events SYN

Official website SYN: https://synlev.com/ 

Block explorers SYNLEV: etherscan.io  ethplorer.io 

Announcements SYNLEV: medium.com 

Socials

Twitter SynLevdefi  

Telegram: synlev  

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