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About

Dai is a stable, decentralized currency that does not discriminate. Any individual or business can realize the advantages of digital money. A price-stable currency that you control. Generate Dai on your terms, instantly. MakerDAO is an open-source project on the Ethereum blockchain and a decentralized autonomous organization created in 2014. The project is managed by people around the world who hold its governance token, MKR. Through a system of scientific governance involving executive voting and Governance Polling, MKR holders manage the maker protocol and the financial risks of Dai to ensure its stability, transparency, and efficiency. MKR voting weight is proportional to the amount of MKR a voter stakes in the voting contract, DSChief. In other words, the more MKR tokens locked in the contract, the greater the voter’s decision-making power.

About

Synthetix is a decentralised synthetic asset issuance protocol built on Ethereum. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths). This pooled collateral model enables users to perform conversions between Synths directly with the smart contract, avoiding the need for counterparties. This mechanism solves the liquidity and slippage issues experienced by DEX’s. Synthetix currently supports synthetic fiat currencies, cryptocurrencies (long and short) and commodities. SNX holders are incentivised to stake their tokens as they are paid a pro-rata portion of the fees generated through activity on Synthetix.Exchange, based on their contribution to the network. It is the right to participate in the network and capture fees generated from Synth exchanges, from which the value of the SNX token is derived. Trading on Synthetix.Exchange does not require the trader to hold SNX.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Crypto Lending platform for traders

Audience

Anyone interested in a platform for trading in DeFi

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 1.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 3.0 / 5
support 1.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

MakerDAO
Founded: 2014
United States
makerdao.com/en/

Company Information

Synthetix
Founded: 2017
Australia
synthetix.io

Alternatives

Alternatives

Injective

Injective

Injective Labs
Danaswap

Danaswap

Ardana

Categories

Categories

Integrations

CoinLedger
Crypto APIs
Ledger Nano X
Token Terminal
YouHodler
Argent
Bitfinex
CoinJar
Dapp Pocket
Dune Dashboard
Guarda Wallet
Instadapp
Korbit Exchange
MetaMask
NEAR
OKX
WalletLink
vfat.tools

Integrations

CoinLedger
Crypto APIs
Ledger Nano X
Token Terminal
YouHodler
Argent
Bitfinex
CoinJar
Dapp Pocket
Dune Dashboard
Guarda Wallet
Instadapp
Korbit Exchange
MetaMask
NEAR
OKX
WalletLink
vfat.tools
Claim MakerDAO and update features and information
Claim MakerDAO and update features and information
Claim Synthetix and update features and information
Claim Synthetix and update features and information