Synthetix Network Token

Buy Synthetix Network Token
rank 96

9,63808 $

Synthetix Network Token will be a decentralised payment network where users transact directly in a
price-stable cryptocurrency. Those who use the stablecoin pay fees to those who
collateralise the network, compensating them for the risks of providing collateral
and stability. Collateral providers control the money supply, and fees are
distributed in proportion with each individual’s stabilisation performance. Thus,
Synthetix Network Token rewards suppliers of stability and charges those who demand it.

Synthetix Network Token (SNX) is a cryptocurrency token issued on the Ethereum platform. Synthetix Network Token (SNX) price for today is $9,64 with a 24-hour trading volume of $70,495,905

Coin type: token
Open source: Yes
Development status: Alpha version
Hardware wallet: Yes
Proof type: Not mineable
Org structure: Centralized
Hash algorithm: None
Circulating supply: 114 841 533 SNX
Total supply: 215 258 834 SNX