27.07.2020 Views

DeFi Tokens and trends

DeFi tokens are end user entities which will act as a medium for users/ Traders/Customers or investors to take a vital part and experience the financial services in a newly created DeFi application.

DeFi tokens are end user entities which will act as a medium for users/ Traders/Customers or investors to take a vital part and experience the financial services in a newly created DeFi application.

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“Synthetix - SNX Token

It's a derivative protocol backed by its native token SNX.

Recently Binance has listed SNX tokens for trading.

To mint derivatives(Synths) users have to stake a

minimum of 750% of Synths in the Value of SNX.

Creators : Synthetix.io

Market Cap : $387,277,440

Explorers : etherscan.io, ethplorer.io, blockchair.com

Total Supply: 190,075,446 SNX 8

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