SYNTHR is a decentralized finance (DeFi) protocol that enables you to create and trade synthetic assets across multiple blockchains. These synthetic assets, known as syASSETS, represent various financial instruments, including cryptocurrencies, stocks, and commodities. By using SYNTHR, you can engage in cross-chain transactions without the need for traditional bridges or multiple liquidity pools.
The platform offers a zero-slippage omnichain liquidity layer, ensuring that your trades execute at expected prices without unexpected losses due to price movement. This is achieved through a combination of pull and push oracles, which provide accurate and reliable price feeds, and multiple independent consensus layers that validate cross-chain messages.
By participating in SYNTHR, you can mint syASSETS by providing collateral, trade these assets across different chains seamlessly, and earn rewards through various yield-generating strategies. The protocol's advanced cross-chain infrastructure aims to provide you with a secure and efficient environment for decentralized finance activities.
Learn more about what SYNTHR is and how it works in our research report.
