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Review on Synthetix Network Token by Jimmy Centeno

Revainrating 4 out of 5

Synthetix Network Token (SNX): offers a network with backup of your business assets.

Synthetix Network Token (SNX): is a project that offers a network with free with support of your commercial assets, based on DeFi technology, which gives the opportunity to any user to enjoy the benefits of the block chain and the world of cryptomontages at greater breadth and comfort, you can build your own market liquidity with synthetic assets and use the financial tools of today achieving increase their shares acquired by the platforms of purchases and employed the best market strategies, with the most optimal methods to earn rewards and with guarantees based on crypto-currency for navigation protocols, applying 3 methods important arbitration, pooling and auction, the combination of these 3 elements will achieve a stable economy.



Pros
  • Its level in the market places it in position number 40 is an important position, within the list of the main 500 crypto currencies of the market, with an average capitalization of 363 million USD, with an average of daily volumes of 46 million USD, with a total of shares within the market of 104 million shares and a total available for purchase of 103 million shares.
  • It is available in the following markets, with the main exchanges: **SNX/USDT** | **SNX/BTC** | **SNX/ETH** | **SNX/KRW** | **SNX/WETH** | **SNX/IDR** | **SNX/RUB** with a high level of security and complying with the parameters of protection and care of the users' funds
  • It works on the basis of 4 file scanners, of which the first develops activity on the Etherscan network, the second on ethplorer, the third Blockchair and the fourth on the basis of Ethereum Explorer with a variable average of 100 seconds.
Cons
  • In the graphs of their shares you can say that in the last 3 months in the stock market their capital suffered a small fall in value that the position in the current capital, it is important to highlight that they had a fall around 250 million USD.