Let’s talk once again about the reasons our project stands out from the rest? We have prepared 6 points that will help you understand if Symblox is what you really need!
Easy as 1, 2, 3…
Just Stake, Mint and you’re ready to trade in the biggest financial markets in the world!
Trade with no counterparty risk. Remain in control of your funds at all times.
Zero Slippage, Zero Surprises
With a collateralized pool as the counterparty, slippage and low liquidity is a thing of the past.
Withdraw Anytime — 24/7/365
Withdrawal with any Web3 compliant wallet directly with our open-sourced smart-contract.
Borderless, Globally Accessible
Connect with any crypto wallets and you’re in. No cumbersome registration, log-ins or KYC.
Your money is managed on the blockchain through 100% open-source, independently audited code.
Want to find more information about Symblox? Visit our website.
When buying synthetic gold you are exposed to the same price fluctuations as physical gold and gold contract holders. It is just one of the ways to purchase gold without a broker’s help — through tokens.
-Synthetic assets allow for a wide range of applications! For example:
-Financial speculation — you can bet on price going up or down
-Stablecoins — synthetic fiat is an interesting alternative to the current stablecoin market
-Hedging — insurance against volatile price movement against your positions
-Stocks and commodities — you gain access to the gold, silver and the stock market without leaving the convenience of the cryptocurrency space. All synths are tokenized, so they can be used in different DeFi protocols, as collateral, for example.
As you can see, there are a lot of opportunities to be had! Symblox lets you access all of it!
In our last post we mentioned how our smart contract passed the audit. Today we wanted to elaborate on what smart contracts are!
Smart contracts are applications that run on the Ethereum Virtual Machine (EVM). These are applications that are executed automatically upon fulfilling certain prerequisites set by their programmers.
We’re continuing our tradition: every week Symblox will be publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 10 through 16 of May.
Tesla stopped accepting bitcoin as payment for its cars over…
Let’s talk about the things our project excels at! Well, advantages of Symblox are all listed on our website, but why not make it a little more succinct? Here we go:
Symblox supports various crypto assets as collateral, thereby avoiding systemic risks caused by price volatility in a single collateralized…
The idea at the core of blockchain has been around since 1991, but it was only after 2009 that the technology got proper recognition, when Bitcoin was launched by the mysterious person (or even a group) called Satoshi Nakamoto. The true identity of Satoshi hasn’t been found until this day…
All transactions on Symblox are carried out with the help of smart contracts. To make a transaction you must first issue assets on the platform. It’s very easy to do: after signing up, you launch the DApp and put the amount of stablecoins you want to generate. …
We’re continuing our tradition: every week Symblox will be publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 03 through 09 of May.
At this very moment, the total value locked (TVL) in…
Synthetic assets based on technologies such as the blockchain and smart contracts can solve the problems mentioned earlier. Synthetic assets are financial assets that simulate one or more underlying assets. For example, the all familiar USDT is a synthetic asset mirroring the US dollar.
To put it simply — the…