Reserve ProtocolReserve
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Related Products
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About
The eventual goal is to offer an alternative to fiat money. Basically, what cryptocurrency was originally conceived to do, albeit through different means than bitcoin. The idea is that by aggregating together baskets of tokenized assets, we can create currencies that are stable in purchasing power without being dependent on state-issued currencies. We do not have any specific basket picked out, but we imagine the right baskets will include commodities, debt, and perhaps equities. Regulations may get in the way of what can be included, which is an unsolved problem in our plans for now. The protocol will need to facilitate evolution in the baskets over time, since the right basket today likely is not the right one next year.
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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
Anyone searching for a DeFi project solution
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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 InformationReserve
Founded: 2018
reserve.org/es/protocol/
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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
1inch
1inch Wallet
Armor.Fi
Blocknative
CoinLedger
Crypto APIs
Enzyme
Kriptomat
Ledger Nano X
Morpho
|
Integrations
1inch
1inch Wallet
Armor.Fi
Blocknative
CoinLedger
Crypto APIs
Enzyme
Kriptomat
Ledger Nano X
Morpho
|
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