Synthetix: commodities, stocks and more on blockchain
Synthetix is a decentralized finance platform on the Ethereum blockchain with several functions that allow users to mint new crypto assets that mimic both real-world assets (like the USD) and crypto-assets (like Bitcoin). First: It is a decentralized exchange or DEX. The benefit of a DEX is that users don't actually have to open an account with any institution to manage crypto assets they created. As everything is executed with smart contracts, all users have to do is to conn