Discover and read the best of Twitter Threads about #SYNTHRI
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New DeFi narrative are coming up everyday, moving along with the trends.
But i bet you didn't know about the
synthetic narrative.
It is here to stay for a long time
Let's talk about @synthr_defi
🧵🧵
#SYNTHRI #Bullish
But i bet you didn't know about the
synthetic narrative.
It is here to stay for a long time
Let's talk about @synthr_defi
🧵🧵
#SYNTHRI #Bullish
WHAT ARE SYNTHETIC ASSET?
Synthetic assets are onchain derivatives that track the price of the underlying real world assets whilst being interoperable and
present on public ledger.
Let's say
I can buy a synthetic tesla stock rather than a real tesla stock.
Synthetic assets are onchain derivatives that track the price of the underlying real world assets whilst being interoperable and
present on public ledger.
Let's say
I can buy a synthetic tesla stock rather than a real tesla stock.
WHY BUY SYNTHETIC?
♦️ 2️⃣4️⃣ hours Trading:
Synthetic don't have to follow rules of the real world since it is on the blockchain.
Buying tesla stock or other financial instrument would have it rules in the real world
♦️ 2️⃣4️⃣ hours Trading:
Synthetic don't have to follow rules of the real world since it is on the blockchain.
Buying tesla stock or other financial instrument would have it rules in the real world
