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Synthetify SNY
SNY Price
Tokenomics
Initial values
FDV
$ 150.00M
Token allocation
Total supply:
100.00M
Public sale
(0.70%)700.00K
30%
Ecosystem Reserves
30%Team
20%Ecosystem Incentivised Fund
20%Liquidity Mining
10.6%Other
19.4%
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Additional Links
Funding Rounds and IDO
IDO
29 Jun 2021 — 30 Jun 2021
Raised
$ 1.05M
Price:
$ 1.50
ROI:
0x -99.8%
Platform:
ATH ROI:
4.95x +395.5%
Synthetify Token Sale & Fundraising Info
Synthetify is an upcoming synthetic assets platform, fully built on the Solana blockchain.
The platform aims to provide a bridge between cryptocurrencies, stocks, fiat currencies, and other financial instruments directly from one decentralized exchange.
Synthetify solves critical problems seen on other Synthetic assets platforms like: high fees, long confirmation times and losses caused by arbitrage during sharp market moves.
Synthetify will introduce it's own token that will act as collateral for synthetic assets, reduce fees on Synthetify and hold voting power during governance decisions
The Synthetify protocol enables creation, exchange and burn of synthetic assets based on prices.
On Synthetify, exchange trading is executed against the public debt pool that allows for almost infinite liquidity and zero slippage even during big trades. Participants of the debt pool earn pro-rata exchange fees for acting as counter-parties during trades. Debt pool participants need to constantly hold sufficient collateral in Synthetify tokens SNY to ensure platform stability.
Synthetify Investors and Backers
| Name | Tier | Type | Stage |
|---|---|---|---|
 CMS Holdings | 2 | Venture | |
 Divergence Ventures | 2 | Venture | |
 DeFi Alliance | 4 | Venture | |
 EI Ventures | 4 | Venture | |
 BuildHodl Capital | 4 | Venture | |
 Alameda Research | - | Venture | |
 Solana Foundation | - | Incubator |
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