Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
You can participate in staking your assets and leverage the resulting staking derivatives throughout the DeFi landscape. Enjoy the freedom to withdraw your assets at any time, eliminating the hassle of lengthy unbonding periods. ClayStack's staking derivatives are fully supported by actual staked assets, ensuring there are no fractional reserves involved. Experience the benefits of both staking and DeFi simultaneously. When you stake with ClayStack, you’ll be rewarded with a derivative token that allows you to engage in various DeFi activities. The tokens that underpin this process will be staked with expert validators, enabling users to track their rewards as they accumulate in real time. Our ambassador program is designed for individuals who are enthusiastic about staking and decentralized finance. We foster a collaborative culture where learning and growth are prioritized, encouraging members to support one another, welcome newcomers, and actively promote the platform. By joining our community, participants gain access to the team, collectible items, unique events, and a variety of additional benefits that enhance their experience. Together, we strive to build a thriving ecosystem in the ever-evolving world of DeFi.
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
Integrations
1inch
1inch Wallet
Armor.Fi
Blocknative
CoinLedger
Crypto APIs
Enzyme
Kriptomat
Ledger Nano X
MetaMask
Integrations
1inch
1inch Wallet
Armor.Fi
Blocknative
CoinLedger
Crypto APIs
Enzyme
Kriptomat
Ledger Nano X
MetaMask
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
ClayStack
Founded
2020
Country
Singapore
Website
claystack.com
Vendor Details
Company Name
Synthetix
Founded
2017
Country
Australia
Website
synthetix.io