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Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Synthetix Network Token by José A Rodríguez

Revainrating 3 out of 5

A Blockchain Protocol Designed to Provide Liquidity

Syntetix is a blockchain server that also provides a species of open-source protocol, but in this case, is focused to grant reliable liquidity after trading, so users can keep working on the platform and also receiving some good rewards in crypto. It came to the crypto-world with a shiny light on the deFi projects. And the best of all is that it was designed carefully but with simplicity to permit everyone to join the platform, and enjoy the benefits of it. That's great because it might boost cooperative actions among individuals, instead of just being designed for developers and other professionals in the field.

This blockchain received a total great supply that flows freely in the platform and is waiting for some good investments in which the way to earn it will be through recognition. For some users watching those numbers is something exciting since they are really great and reliable. At least in content, the company provides trustworthiness and confidence. Now, what is really important is that another network was founded to follow actions, building, and earning. As much as customers build their own road in the financial world, outcomes will be expressed in valuable cryptos of all kinds. The platform offers a great integration of diverse tokens, although they are all products of the same protocol.

The issue with this platform is that although many companies have integrated the services offered by the network they are still projects that are not really known in the crypto-world. In fact, most of them are yet little known by the users who joined the page, and to me, it was also the same since some of them are particularly new.

I think this company requires a better marketing plan to change the status it has and making it more known among other projects. It has realizable content that just needs to be boosted.




Pros
  • It has been offering good liquidity for working on it by building a new model of DeFi guidance for the project.
  • The company recognizes the work of its customers and it frequently grants rewards based on tokens of the network.
  • The current plan permitted good integration among diverse financial projects.
Cons
  • It has had a lack of marketing that does not permit it to be as efficient as it must be, and become a project considered by other real and well-known companies.
  • The liquidity it offers is just part of the tokens that run on the platform. However, they are recognized for some trading partners of the company.