Synthetix - SNX Token

SYNTHETIX – TOP ALTCOIN TO BUY FOR 2022 – SYNTHETIX STAKING @ 67% APY – SNX NEWS & PRICE PREDICTION

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SYNTHETIX – TOP ALTCOIN TO BUY FOR 2022 – SYNTHETIX STAKING @ 67% APY – SNX NEWS & PRICE PREDICTION

00:00 – Introduction
00:29 – What is Synthetix?
01:35 – SNX Price Data
01:53 – SNX STAKING
03:20 – Highlights of the year
04:48 – SNX Price Prediction
05:26 – My thoughts

Synthetix network has attracted a significant following in the crypto community in 2021.

Synthetic Network is a leading blockchain platform providing liquidity to derivatives. It allows users to create synthetic assets that offer unique exposure to real-world assets on the blockchain.
The concept behind Synthetix is easy. Users can create derivatives in assets like forex, commodities, shares, and exchange-traded funds (ETFs). For example, a developer building a DEX can incorporate assets like Apple, crude oil, and copper. Some of the most popular synths in its network are sUSD, sEUR, and sAAPL.

Now, trading at 86.4% below its all time high which was recorded on Feb 14, 2021 Synthetix is still one of the leading platforms in the decentralised finance (DeFi) space that issues synthetic assets which actually makes the project special and has an income potential of 634% upon reaching its ATH.

Currently you can stake your snx tokens at 67% apy, change by staking your snx tokens you will automatically Mint Synths By Over-Collateralizing $SNX

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#SYNTHETIX #TRADING #ALTCOIN

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