What Is Synthetix (SNX)? | How does Synthetix work? | Synthetix Network Token (SNX)

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What Is Synthetix (SNX)? | How does Synthetix work? | Synthetix Network Token (SNX)

Synthetix began as a stablecoin project called Havven, before pivoting to become a platform for synthetic assets during the crypto bear market. Many of the mechanisms that are currently regarded standard in the DeFi landscape were pioneered by the Synthetix community. Synthetix will likely be an important part of DeFi for the foreseeable future, as one of the primary building blocks of DeFi on Ethereum and with an anticipated debut on a layer 2 scaling solution. 1. Synthetix Introduction. 2. What Is Synthetix (SNX)? 3. How does Synthetix work? 4. Synthetix Network Token (SNX). 5. Infinite liquidity and no slippage. 6. Synthetix & Optimism. #Synthetix #SNX #SynthetixNetwork #DeFi #Optimism #Ethereumblockchain #Uniswap #SynthetixDAO #nexttrenddot