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
#
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 #
- Prosecutors link Roman Storm to DPRK hackers in trial opening statements
- Ether holding $3K opens door to 1,100% ‘vertical phase’ rally: Analyst
- Legacy finance discovers stablecoins as JPMorgan, Citigroup consider market entry
- Crypto-backed group gathers $141M funding to influence US elections
- Crypto-backed group gathers $141M funding to influence US elections
- Bitcoin dips as June CPI confirms sticky inflation trend: Are BTC dips for buying?
- Bitcoin dips as June CPI confirms sticky inflation trend: Are BTC dips for buying?
- ETH news update: Bulls target $3.4K, citing ETF flows and treasury buying as the fuel
- ETH news update: Bulls target $3.4K, citing ETF flows and treasury buying as the fuel
- Bitcoin bear Vanguard is now the largest shareholder of Strategy
- Bitcoin bear Vanguard is now the largest shareholder of Strategy
- Bitcoin profit taking sets traders’ buy target at $113K: Will a rally to new highs follow?
- Bitcoin profit taking sets traders’ buy target at $113K: Will a rally to new highs follow?
- First crypto bill vote fails to get 100% Republican support despite Trump’s call
- Trump calls for GENIUS Act to pass Tuesday, despite reports of later vote
- Kraken launches US crypto derivatives platform in wake of NinjaTrader acquisition
- Kraken launches US crypto derivatives platform in wake of NinjaTrader acquisition
- New Zealand woman accused of killing mother after stealing cash for crypto
- New Zealand woman accused of killing mother after stealing cash for crypto
- XRP news update: Uptick in whale volumes could catalyze rally to $4
