Related Products
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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.
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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.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Crypto Lending platform for traders
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Audience
Anyone interested in a platform for trading in DeFi
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationMakerDAO
Founded: 2014
United States
makerdao.com/en/
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Company InformationSynthetix
Founded: 2017
Australia
synthetix.io
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Alternatives |
Alternatives |
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Categories |
Categories |
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Integrations
CoinLedger
Crypto APIs
Ledger Nano X
Token Terminal
YouHodler
Argent
Bitfinex
CoinJar
Dapp Pocket
Dune Dashboard
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Integrations
CoinLedger
Crypto APIs
Ledger Nano X
Token Terminal
YouHodler
Argent
Bitfinex
CoinJar
Dapp Pocket
Dune Dashboard
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