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S Y N T H E T I X
The infinite liquidity derivatives protocol™

Updated list of the 12 main features that will bring huge fee revenue to $SNX stakers

Welcome to the citadel my friend
1/ As of last month all price feeds are now provided & secured by Chainlink

The list of Synthetic equities & commodities is already very strong

Currently available :
Gold
Silver
Nikkei 225 (Japanese stock index)
FTSE 100 (London stock index)

But this is only the beginning...
With the updated futures price methodology produced alongside the Chainlink team, this will open the door to many other real world assets

sOIL is coming very soon

I also look forward to the endless possibilities of assets
S&P500, TSLA, APPL, Uranium, ect
sips.synthetix.io/sips/sip-62
Read 22 tweets
After a mind numbing 9 month run up, $SNX blew off.

It looks like its hit a bottom, with strong accumulation occurring via Kucoin, Uniswap, OTC in the 0.003 - 0.004 ETH range over the past few months.
What looks like a local USD bottom in March coincides with the point at which $SNX on exchange peaks and reverses trend from exchange balances increasing to now decreasing
Fresh $SNX supply hitting the market from reward vesting was a major concern for many. However, the first wave of vesting shows that only 5% of wallets have sold rewards (representing 5% of SNX rewards vested)

Those currently vesting are strong holders

H/T @SNXified for data
Read 10 tweets

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