Review on sUSD by Berkhan Guzeller
sUSD
Synthetix is a commercial product developed specifically for the development of Ethereum. These synthetic devices are insured with Synthetix Network Token (SNX), which allows Synths (Synths) to be released when subject to a contract. This integrated hosting system allows users to switch between direct communication via smart contracts, eliminating the need for third parties. This process addresses complex and demanding DEX issues. Synthetix currently supports synthetic fiat currencies, cryptocurrencies (long and short), and commodity trading. SNX owners can use Synthetix as part of their network integration. Trading companies are encouraged to deposit their tokens as they pay some of their profits. You need to join the network and output the Synth exchange from which the SNX token value is derived. Synthetix. The trader does not need SNX for commodity trading.
if i wrote anything wrong msg me on discord: pirkun#0662
or comment down
i ll be glad to edit this
Pros
- Fast Transiction
Cons
- Not safe (it is my opinion i do not count on it might be safe but i dont feel its enough)
