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. (The price of Synthetix Network Token is $3.94395)
The price of Synthetix Network Token is currently $3.943946
1 hour % | 12 hour % | 24 hour % | 7d % | 30d % | 1y % |
---|---|---|---|---|---|
BTC 0.19% USD 0.5% ETH -0.01% |
BTC 1.77% USD 1.54% ETH 0.79% |
BTC 2.12% USD 2.35% ETH -0.28% |
BTC 5.69% USD 5.25% ETH -2.65% |
BTC -2.33% USD 20.14% ETH -10.56% |
BTC -30.4% USD 54.28% ETH -18.72% |
The all time high price of Synthetix Network Token was $28.86224816 on 2021-02-14 01:10:00
Development Status: | Alpha version |
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Proof Type: | Not mineable |
Hash Algorithm: | None |
Hardware Wallet: | Yes |
Circulating Supply: 304,632,474 SNX
Beta Value: 0.000