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Description

Link your smart contract to the broader environment using Chainlink's decentralized oracle network, which offers dependable and secure inputs and outputs for sophisticated smart contracts across various blockchains. Begin the development of your globally integrated smart contract by leveraging decentralization, reliable nodes, high-quality data, and cryptographic assurances to incorporate precise and accessible data or APIs into any smart contract framework. Construct your solution on a versatile architecture that enables seamless data retrieval from any API, facilitates connection with your current systems, and allows integration with any blockchain, both now and into the future. Utilize trusted oracle solutions that have been rigorously tested and proven, safeguarding billions in assets for leading blockchain projects. Additionally, independently assess and monitor Chainlink's open-source code, the functionality of its oracle networks, and the performance quality of each node operator for enhanced security and reliability. By embracing these features, you can ensure your smart contract remains resilient and adaptable as the ecosystem evolves.

Description

Synthetix is a protocol for the issuance of decentralized synthetic assets operating on the Ethereum blockchain. These synthetic assets, known as Synths, are backed by the Synthetix Network Token (SNX), which, when locked within the contract, allows for the creation of these assets. The model of pooled collateral permits users to exchange Synths directly through the smart contract, eliminating the necessity for counterparties. This innovative approach addresses common problems such as liquidity and slippage that decentralized exchanges often face. Currently, Synthetix provides synthetic representations of fiat currencies, cryptocurrencies (both long and short), as well as various commodities. SNX holders are motivated to stake their tokens, as they earn a proportional share of the fees accrued from transactions on Synthetix.Exchange, reflecting their stake in the ecosystem. This right to engage with the network and earn fees from Synth transactions contributes to the intrinsic value of the SNX token. Notably, traders do not need to hold SNX in order to participate in trading on Synthetix.Exchange, enhancing accessibility for a broader audience. By doing so, Synthetix opens the door for more users to engage in trading without needing to invest in the underlying token initially.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Crypto APIs
Ledger Nano X
PieDAO
Tradesilvania
YouHodler
Connectee
Crypton
Fuse
GaiaNet
Guarda Wallet
Kriptomat
P2PB2B
StarkDeFi
Unilayer
Unremot
Zengo Wallet
bitsCrunch

Integrations

Crypto APIs
Ledger Nano X
PieDAO
Tradesilvania
YouHodler
Connectee
Crypton
Fuse
GaiaNet
Guarda Wallet
Kriptomat
P2PB2B
StarkDeFi
Unilayer
Unremot
Zengo Wallet
bitsCrunch

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Chainlink

Founded

2017

Country

Cayman Islands

Website

chain.link/

Vendor Details

Company Name

Synthetix

Founded

2017

Country

Australia

Website

synthetix.io

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