Synthetix
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Synthetix is an Ethereum-based protocol for the issuance of synthetic assets. Analogous to derivatives in legacy finance, synthetic assets are financial instruments in the form of ERC-20 smart contracts known as “Synths” that track and provide the returns of another asset without requiring you to hold that asset.[1]
History
Synthetix originally launched with an ICO in early 2018 under the name Havven.[2] It was founded by Kain Warwick.[3]