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What is Synthetix?

Synthetix is a decentralized protocol for creating synthetic assets that operates on the Ethereum blockchain. These synthetic assets, referred to as Synths, are supported by the Synthetix Network Token (SNX), which enables their creation when locked in the smart contract. The system’s pooled collateral model allows users to trade Synths directly via the smart contract, removing the need for intermediaries. This forward-thinking strategy effectively tackles typical issues like liquidity and slippage that many decentralized exchanges encounter. At present, Synthetix offers synthetic versions of various fiat currencies, cryptocurrencies (both long and short), and a range of commodities. SNX holders are incentivized to stake their tokens as they receive a share of the transaction fees generated on Synthetix.Exchange, which reflects their investment in the network's ecosystem. This ability to participate in the network and earn revenue from Synth transactions enhances the inherent value of the SNX token. Importantly, traders are not required to own SNX to trade on Synthetix.Exchange, which increases accessibility for a wider range of participants. This inclusive model encourages more individuals to participate in trading activities without needing to make an initial investment in the SNX token. Consequently, Synthetix fosters a more diverse trading environment, ultimately benefiting the entire ecosystem.

What is PinkMoon?

The rise of community-oriented value has led to the creation of auto-locking liquidity pools, which provide contract-based passive rewards for those who hold tokens. By merely possessing the token, participants can enter this rewarding experience and reap various advantages. Each transaction is subject to a 10% fee, where half is distributed among dedicated holders and the other half is fortified within the liquidity pool, ensuring a steadily growing price floor. To maintain fairness, trades that surpass 0.05% of the total supply are automatically blocked. Upon launch, 45% of PinkMoon's total supply will be secured in liquidity via Unicrypt, promoting stability. The contract's ownership has been relinquished, fostering a trustless environment for all community members. This project champions a fair and community-driven launch, as the developer has eliminated all team tokens and engaged in the fair launch process alongside other investors. Holding PinkMoon tokens empowers individuals to shape the future of the project while also granting them the chance to secure allocations and participate in voting for their preferred IDOs. This structure not only enhances individual engagement but also strengthens the collaborative spirit within the community, making it even more vibrant and dynamic. With such a participatory framework in place, the collective impact of the community is significantly amplified.

Media

Media

Integrations Supported

1inch
1inch Wallet
Armor.Fi
BNB Smart Chain (BSC)
Blocknative
CoinLedger
Crypto APIs
Enzyme
Kriptomat
Ledger Nano X
MetaMask
PieDAO
Token Terminal
Tradesilvania
Ubeswap
WalletConnect
YouHodler
vfat.tools

Integrations Supported

1inch
1inch Wallet
Armor.Fi
BNB Smart Chain (BSC)
Blocknative
CoinLedger
Crypto APIs
Enzyme
Kriptomat
Ledger Nano X
MetaMask
PieDAO
Token Terminal
Tradesilvania
Ubeswap
WalletConnect
YouHodler
vfat.tools

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Synthetix

Date Founded

2017

Company Location

Australia

Company Website

synthetix.io

Company Facts

Organization Name

PinkMoon

Company Website

www.pinkmoon.finance/

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