Table of Contents
- SynthCrypto LINK - Symbol : hLINK
- This token is a SynthCrypto LINK, it derives its pricing from a composite global pricing of Chainlink in USD in real time with all transactions occurring on-chain on Pecu Novus. They sit in a liquidity pool and are used for speculative purposes, hedging and risk management.
- What is a SynthCrypto
- A SynthCrypto, also known as a Synthetic Cryptocurrency, is a digital asset that tracks the price of another asset, such as a digital assets and real-world assets. Synths are created and traded on decentralized exchanges (DEXes) such as HootDex.
- SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. For example, a trader could use a SynthCrypto to trade on the price of a cryptocurrency without having to actually own the cryptocurrency. Or, an investor could use a SynthCrypto to hedge against the price of a real world asset. Learn more here.
- Here are some of the benefits of using SynthCryptos
- Access to a wider range of assets: SynthCryptos allow users to trade and invest in a wider range of assets than would be possible with traditional cryptocurrencies. For example, users can trade on the price of real-world assets without having to actually own those assets.
- Transparency: SynthCryptos are typically backed by collateral that is deposited into a smart contract. This makes SynthCryptos more transparent than some other types of digital assets.
- Flexibility: SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. This makes SynthCryptos a versatile asset class.
- VIEW ALL TOKENS
- LATEST CRYPTO & FINANCIAL NEWS
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SynthCrypto LINK – Symbol : hLINK #
This token is a SynthCrypto LINK, it derives its pricing from a composite global pricing of Chainlink in USD in real time with all transactions occurring on-chain on Pecu Novus. They sit in a liquidity pool and are used for speculative purposes, hedging and risk management. #
What is a SynthCrypto #
A SynthCrypto, also known as a Synthetic Cryptocurrency, is a digital asset that tracks the price of another asset, such as a digital assets and real-world assets. Synths are created and traded on decentralized exchanges (DEXes) such as HootDex. #
SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. For example, a trader could use a SynthCrypto to trade on the price of a cryptocurrency without having to actually own the cryptocurrency. Or, an investor could use a SynthCrypto to hedge against the price of a real world asset. Learn more here. #
Here are some of the benefits of using SynthCryptos #
-
Access to a wider range of assets: SynthCryptos allow users to trade and invest in a wider range of assets than would be possible with traditional cryptocurrencies. For example, users can trade on the price of real-world assets without having to actually own those assets. #
-
Transparency: SynthCryptos are typically backed by collateral that is deposited into a smart contract. This makes SynthCryptos more transparent than some other types of digital assets. #
-
Flexibility: SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. This makes SynthCryptos a versatile asset class. #
VIEW ALL TOKENS #
LATEST CRYPTO & FINANCIAL NEWS #
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- Harvard economist admits he was wrong about Bitcoin crashing to $100
- Trump-tied crypto firm ALT5 Sigma denies SEC probe rumors
- Strategy hits 4-month low as Saylor changes tack on MSTR issuance
- WazirX users approve restructuring plan again after court rebuff
- Top Fed official: Staff should be allowed to hold a little crypto
- Why is Bitcoin crashing and will $112K be the final bottom?
- SoFi to become first US bank to integrate Bitcoin Lightning, UMA
- Blockchain native protocols get creative in crypto treasury arms race
- New crypto advocacy group debuts at Wyoming summit
- SEC Chair Atkins: There are very few tokens that are securities
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- Early Bitcoin web domains from 2010 head to auction
- All roads lead to inflation: Fed cut or not, Bitcoin may stand to gain
- All roads lead to inflation: Fed cut or not, Bitcoin may stand to gain
- Scaramucci to tokenize $300M in assets, nearly doubling Avalanche's RWA base
- Scaramucci to tokenize $300M in assets, nearly doubling Avalanche's RWA base