Table of Contents
- SynthCrypto UNIS - Symbol : hUNI
- This token is a SynthCrypto UNIS, it derives its pricing from a composite global pricing of Uniswap 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 UNIS – Symbol : hUNI #
This token is a SynthCrypto UNIS, it derives its pricing from a composite global pricing of Uniswap 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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- Binance completes $1B Bitcoin conversion for SAFU emergency fund
- ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K
- Strategy CEO eyes more preferred stock to fund Bitcoin buys
- Ether set for another ‘V-shaped recovery,’ Tom Lee says
- Russia is blocking WhatsApp to push ‘surveillance’ app, company says
- Thailand approves crypto as underlying assets in derivatives markets
- Ethereum developers suggest using ZK tech to anonymize AI use
- Crypto lender halted withdrawals during Bitcoin's fall last week
- US fines Paxful $4M for moving funds tied to trafficking, fraud
- X Money ‘external beta’ will go live in 1-2 months, Musk says
- Coinbase unveils crypto wallets designed specifically for AI agents
- Chainlink feeds go live for Ondo tokenized US stocks on Ethereum
- Democratic lawmakers slam SEC Chair Atkins over crypto enforcement
- Bitcoin futures data shows bears gearing up for an assault on $60K
- Price predictions 2/11: BTC, ETH, BNB, XRP, SOL, DOGE, BCH, HYPE, ADA, XMR
- Bitcoin rebound hype fades as range highs crumble: Here’s why BTC is volatile
- Deel taps MoonPay to roll out stablecoin salary payouts in UK, EU
- BlackRock enters DeFi, taps Uniswap for institutional token trading
