This covers the Synthetix Network, a decentralized trading platform running on the Ethereum blockchain. It is controlled by smart contracts and the assets are synthetic, meaning they mimic the real world assets.
This presentation is about world's hot trending topic known as "Cryptocurrency". This presentation covers a general knowledge about cryptocurrency, crypto coins, bitcoin, coin mining. It specifically shows people about how to start mining and what are the basic requirements.
Nowadays, a huge number of Cryptocurrency Exchange Platforms have obtained a prominent space in the crypto economy. The more the cryptocurrencies influence the global market, the more the Cryptocurrency Exchange Platforms evolve.
Comparing Bitcoin and two of its forked cryptos: Bitcoin Cash and Bitcoin SV. The two forks wanted a larger block size in order to scale the network. The groups could not come to an agreement and the forking began!
An technical overview of Ethereum that provides a full picture starting from the original problem of building a distributed ledger and mining up to smart contracts.
Please note that there are no llamas in this presentation.
Learn the basics of Blockchain technology here. Blockchain is the new disruptive technology around. These slides were used for the session hosted by GTech µLearn with Travancore Analytics.
This presentation is about world's hot trending topic known as "Cryptocurrency". This presentation covers a general knowledge about cryptocurrency, crypto coins, bitcoin, coin mining. It specifically shows people about how to start mining and what are the basic requirements.
Nowadays, a huge number of Cryptocurrency Exchange Platforms have obtained a prominent space in the crypto economy. The more the cryptocurrencies influence the global market, the more the Cryptocurrency Exchange Platforms evolve.
Comparing Bitcoin and two of its forked cryptos: Bitcoin Cash and Bitcoin SV. The two forks wanted a larger block size in order to scale the network. The groups could not come to an agreement and the forking began!
An technical overview of Ethereum that provides a full picture starting from the original problem of building a distributed ledger and mining up to smart contracts.
Please note that there are no llamas in this presentation.
Learn the basics of Blockchain technology here. Blockchain is the new disruptive technology around. These slides were used for the session hosted by GTech µLearn with Travancore Analytics.
CEX and DEX Bitcoin Exchange Script for Business?Scarlet Emilye
Bitcoin Price Hovers around $8k. Now its right time to start your bitcoin exchange business with the most demanded centralized and decentralized exchange script to build your exchange website.
By several measures Binance Smart Chain (BSC) has seen a lot of growth since it first launched nearly six months. This presentation was to give some context around the evolution of the BNB token and how it interacts with a couple of different chains (namely Binance Chain and BSC). This was first presented on February 19, 2021
Resource metering in distributed environments is notoriously difficult. In clouds, the metering technology has to be distributed by design. This paper shows that the technology used for (financial) micropayments fulfills several objectives of the new metering process once the concept of money is replaced with the concept of a resource. Like in micropayments, resource metering in clouds is often a 3-party relationship like that among cloud provider, service provider and customer. The technology proposed in this paper can be viewed both as a better alternative to traditional micropayments as well as a new way to meter resource usage in clouds.
Bitcoin lightning network and ethereum protocolsSUSMIT LAVANIA
These slides explore mechanics Bitcoin Lightning Network as Layer 2 scaling solution in detail . We have also discussed 0x protocol used as recipe for decentralized exchanges and Matic network as scaling solution for ethereum.
A blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018Codemotion
Due to the immutability of the ledger and the difficulty to update their consensus rules, Blockchain applications have many critical layers where a bug can cause huge, irreversible fund losses. This talk will shed some light on why and how Blockchain applications are so critical and will discuss past events that led to fund loss or consensus failures due to bugs in critical parts of the code of Bitcoin and Ethereum applications.
Top 5 Arbitrum Most Exciting Projects in 2023.pdfRocketX Exchange
Arbitrum is a layer-2 scaling solution for Ethereum, which provides a faster and cheaper alternative for Ethereum transactions while maintaining the security of the Ethereum network. In this presentation, we'll discuss the top 5 projects building on Arbitrum in 2023. RocketX aggregates the top five Arbitrum coins — GMX, GNS, Magic, RDNT, and SYN — for traders and investors on a single interface.
Visit here - www.rocketx.exchange
An introductory look at various Blockchain Technologies and examples. In this slide I explain about basics of Etherium and types of Blockchain technology currently present and some known public projects/examples which use Blockchain.
CEX and DEX Bitcoin Exchange Script for Business?Scarlet Emilye
Bitcoin Price Hovers around $8k. Now its right time to start your bitcoin exchange business with the most demanded centralized and decentralized exchange script to build your exchange website.
By several measures Binance Smart Chain (BSC) has seen a lot of growth since it first launched nearly six months. This presentation was to give some context around the evolution of the BNB token and how it interacts with a couple of different chains (namely Binance Chain and BSC). This was first presented on February 19, 2021
Resource metering in distributed environments is notoriously difficult. In clouds, the metering technology has to be distributed by design. This paper shows that the technology used for (financial) micropayments fulfills several objectives of the new metering process once the concept of money is replaced with the concept of a resource. Like in micropayments, resource metering in clouds is often a 3-party relationship like that among cloud provider, service provider and customer. The technology proposed in this paper can be viewed both as a better alternative to traditional micropayments as well as a new way to meter resource usage in clouds.
Bitcoin lightning network and ethereum protocolsSUSMIT LAVANIA
These slides explore mechanics Bitcoin Lightning Network as Layer 2 scaling solution in detail . We have also discussed 0x protocol used as recipe for decentralized exchanges and Matic network as scaling solution for ethereum.
A blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
Simone Bronzini - Weaknesses of blockchain applications - Codemotion Milan 2018Codemotion
Due to the immutability of the ledger and the difficulty to update their consensus rules, Blockchain applications have many critical layers where a bug can cause huge, irreversible fund losses. This talk will shed some light on why and how Blockchain applications are so critical and will discuss past events that led to fund loss or consensus failures due to bugs in critical parts of the code of Bitcoin and Ethereum applications.
Top 5 Arbitrum Most Exciting Projects in 2023.pdfRocketX Exchange
Arbitrum is a layer-2 scaling solution for Ethereum, which provides a faster and cheaper alternative for Ethereum transactions while maintaining the security of the Ethereum network. In this presentation, we'll discuss the top 5 projects building on Arbitrum in 2023. RocketX aggregates the top five Arbitrum coins — GMX, GNS, Magic, RDNT, and SYN — for traders and investors on a single interface.
Visit here - www.rocketx.exchange
An introductory look at various Blockchain Technologies and examples. In this slide I explain about basics of Etherium and types of Blockchain technology currently present and some known public projects/examples which use Blockchain.
The State of Decentralized Perpetual Protocols | CoinG
As fears of another crypto exchange collapsing have gotten the community on edge, more crypto users are turning towards decentralized perpetual protocols to satiate their demand for leveraged trading. Throughout the recent bear market, perpetual exchanges have been a beacon of light in the otherwise gloomy state of DeFi, providing an avenue for users to trade with leverage in a permissionless way while allowing liquidity providers to earn sustainable fees in an environment starved for yield.
Dive into our State of Decentralized Perpetual Protocols Report as we explore the history and evolution of decentralized perpetuals, how they have performed thus far, and what we can expect from decentralized perpetuals in the near future.
The State of Decentralized Perpetual Protocols | CoinGeckoCoinGecko
As fears of another crypto exchange collapsing have gotten the community on edge, more crypto users are turning towards decentralized perpetual protocols to satiate their demand for leveraged trading. Throughout the recent bear market, perpetual exchanges have been a beacon of light in the otherwise gloomy state of DeFi, providing an avenue for users to trade with leverage in a permissionless way while allowing liquidity providers to earn sustainable fees in an environment starved for yield.
Dive into our State of Decentralized Perpetual Protocols Report as we explore the history and evolution of decentralized perpetuals, how they have performed thus far, and what we can expect from decentralized perpetuals in the near future.
LBM Blockchain Solutions is one of the best crypto exchange development company in Mohali with excellent results and genuine outcomes. We are a team of dedicated and professional individuals who can help you to launch your crypto exchange platform. Our track record and experience of years show up for it. Get in touch with our expert team members at +91-8448443318 or to read more about us, visit the official website.
What if you could get the learning and experience of people who have been trading in cryptocurrencies and understand the industry well?
##You could know about all the mistakes they have committed and how to avoid them.
##Understand how they were losing money on most of their trades and how they are able to make more profitable trading calls.
##All the places you can take inspiration for trading calls based on Technical or fundamental analysis.
##How to apply the concepts of Stocks, Forex and Commodity trading to crypto and book profits. Go through this deck to gain the same :)
This deck addresses the basic questions like -
1. What is blockchain and why is everyone talking about it?
2. Some practical examples of Blockchain applications
3. What are crypto currencies and why is there no $$ or INR?
4. What is the Indian Legal Stand on this?
5. What are crypto exchanges
6. How to buy your first crypto-currency (India)
7. How to keep your crypto safe?
8. Can I get cryptocurrencies without buying them?
9. How to make money from the markets?
10. Things to take care
Instructor: Roger Royse, Founder of Royse Law Firm
Course Title: The Business Basics of Blockchain, Cryptocurrencies, and Tokens
Location: Stanford Continuing Studies
Week: 4 (of 7)
This class will shift will focus on the promise of smart contracts to provide cheap verification, reduce costs and automate many routine transactions. We will explain what a smart contract is (and what it is not), how it works and discuss where it can be implemented to the current economy. We will discuss the use of distributed applications built on the block chain and examine how Ethereum allows dApps to run. We will also look in depth at several dApps including Cryptokitties, Augur and Local Ethereum.
Smart contract honeypots for profit (and fun) - bhaPolySwarm
Ethereum smart contracts have bugs: a lot of them. So many, in fact, that attackers have flocked to exploit them, but occasionally they lose money themselves. Malicious contracts that look vulnerable but are exploitative are a rising trend, and this talk will discuss how they work and what they do.
How to Research the Teams Behind a CryptocurrencyJared Broker
Studying the teams behind a crypto coin is vital to analyzing it. People are behind every coin. We can learn their motives and credibility with a quick search of their histories and social profiles. I turned these slides into a presentation on Youtube too: https://youtu.be/3BCAjO3GMuk
How to Research new Cryptocurrencies - Checklist QuestionsJared Broker
This is a brief question checklist that I use when researching new crypto coins. It will help you figure out what might be a scam and what could possibly be a good investment. This is not financial advice. I made a video for this too: https://youtu.be/we3qLv_T2RY
How to Avoid Crypto Scams - Crypto JBroJared Broker
Crypto scams are on the rise and getting more sophisticated every day. This presentation shows you how to protect your cryptocurrency and personal information. Check out Crypto JBro on Youtube.
This short presentation covers the Orchid (OXT) crypto and VPN network. It is built on top of Ethereum and creates a secure Internet connection with the Orchid app.
Anyone can be a bandwidth provider by locking up (aka staking) some OXT coin and becoming part of their directory. They face many challenges since I'm not sure if VPN will be obsolete with so much privacy tech being born. They also have quite a few competitors. It was a highly educational study, none the less!
Learn how to gain intereset on your cryptocurrency by using certain services and wallets to help validate transactions. It's a pretty cool aspect of blockchain, crypto, and Proof of Stake algorithms.
These slides go over the post blockchain P2P platform Holochain (HOT crypto). It is NOT blockchain. the network validates the histories of each user and kicks out any bad actors. It is in alpha, but should have some releases by the end of 2020.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
2. What is Synthetix (SNX)
2
A new type of exchange (aka trading protocol) for
synthetic assets including fiat currencies, crypto, and
commodities. Built on the Ethereum blockchain and
powered by smart contracts. Instead of P2P trading,
it is peer to pool through a contract. SNX is the
collateral on the Synthetix decentralized network
for all its assets. Users stake their SNX to trade.
CryptoJBro.com
3. Meaning of “Synthetic”
3
Something artificial created to mimic a natural item
or substance. Synthetic car oil is chemically made
and not from crude oil out of the ground.
Synthetic assets (synths) are representations of the
real assets on the network, priced by combined
feeds.
CryptoJBro.com
4. Synthetix Phrases
4
● Synths: The synthetic assets that track the
underlying asset and are backed by SNX tokens
(sBTC, sUSD, etc.)
● iSynths: Inverse Synths (crypto and index) for short
● Pooled counterparty: The total SNX that back
Synths, so the trader doesn’t need a buyer / seller.
● Peer to contract: trades are done user to assest pool
● Staked: Locking up SNX to receive a synth
● Minted: When SNX is staked, the sAsset is created
CryptoJBro.com
5. Synths and Pricing
5
Aggregate price feeds are brought on Ethereum
chain. Underlying asset is tracked.
CryptoJBro.com
● Forex: price feeds by Chainlink oracle network
● Commodities: Chainlink oracle network
● Crypto: supplied by Synthetix oracle but will
change to a Chainlink feed
● Index: Chainlink, can be off-chain or custom
made
6. Trading Synths
6
● Smart contracts govern the pool of collateral assets.
● Everything is stored and run on Ethereum blockchain.
● ETH and SNX are traded with the asset pool
● When SNX are staked, the requested Synth asset is
“minted” (is created) and sent to the wallet.
● The real asset is not held (only use is trading)
● Synths are being converted, in essence
CryptoJBro.com
7. Benefits of Synthetix Trading
7
● You don’t hold the underlying asset, so you can
easily trade between them. (sBTC <-> sUSD)
● Decentralized, markets always open
● No middleman in the trade, fees stay at 0.3%
● Trades between user and pool with contracts=
infinite liquidity, no pairings needed, no slippage
● Distributed pool of crypto increases privacy
CryptoJBro.com
8. Synthetix Exchange
8
● Long or short synthetic commodities
● Pairings are against sUSD
● sUSD = synthetic USD for long
● iUSD = inverse USD for shorting
● Trade Forex, cryptos, commodities, indices
CryptoJBro.com
9. Mintr dApp
9
● Connects with: Metamask, Trezor, Ledger,
Coinbase, and WalletConnect
● For SNX holders to act on Synthetix network
● Lock up SNX to mint Synths (synthetic assets)
● Claim fees from network
● View history and balance
● Unlock SNX from escrow
CryptoJBro.com
10. Difficulties with Synthetix
⬥ Only market orders right now.
⬥ STX coin fluctuates with the market, so a user
might have to burn more than they began with.
⬥ Limited to gold and silver commodities (for now)
⬥ ETH gas is burned for now.
⬥ Trade price might be slightly different
CryptoJBro.com
11. Synthetix into the Future
⬥ They would like to add futures trading
⬥ Large amount of testing and observing
⬥ Governance structure is needed for changes
⬥ Will be using the decentralized price feeds
from Chainlink for all pricing.
⬥ Creation of synthetic stocks: Tesla and Apple
CryptoJBro.com
12. Conclusion about Synthetix
This is a game changer in the trading world by
using a pool of assets, smart contracts, and not
holding the real asset to trade. It is a leap towards
a more efficient, automated, decentralized
investment platform that is always open.
CryptoJBro.com