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 $15.61047)
The price of Synthetix Network Token is currently $15.610472
1 hour % | 12 hour % | 24 hour % | 7d % | 30d % | 1y % |
---|---|---|---|---|---|
BTC -1.34% USD -1.46% ETH -1.4% |
BTC 8.17% USD 13.41% ETH 7.4% |
BTC 10.88% USD 6.27% ETH 10.17% |
BTC 46.35% USD 35.03% ETH 37.39% |
BTC 81.68% USD 197.58% ETH 62.2% |
BTC 272.93% USD 1434.22% ETH 120.31% |
The all time high price of Synthetix Network Token was $16.44380118 on 2021-01-13 09:05:00
Development Status: | Alpha version |
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Proof Type: | Not mineable |
Hash Algorithm: | None |
Hardware Wallet: | Yes |
Circulating Supply: 104513427 SNX
Beta Value: 0.965