SynAssets is a Polygon project that aims to create the next generation of synthetic assets by combining SynAssets Assets (sAssets) and IDO (Initial Decentralized Offering). SynAssets will feature five main improvements with its imminent launch, including a consensus aggregation network, (5,5) Consensus, and a deflation mechanism.
This significant milestone in the blockchain sector signifies the beginning of a completely new sort of transparent, decentralized financial network. SynAssets is a KYC-compliant decentralized consensus asset issuance platform based on the principle of developing synthetic assets under the philosophy of “decentralizing everything.” Synthetic asset issuance must suit the needs of permissionless innovation while also removing consumers from centralized risk.
SynAssets provides an open, safe, and fair issuance platform for anyone who wants to build their own asset anywhere in the globe.
SynAssets is a significant step forward in the field of synthetic assets, and it has the potential to transform the blockchain environment.
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- Source: https://medium.com/@samueluj23/synassets-is-a-polygon-project-that-aims-to-create-the-next-generation-of-synthetic-assets-by-587bdaff1a91?source=rss——cryptocurrency-5
