DeFi on TokenPocket | How to issue and trade Synthetic Assets with Synthetix

What are Synths?

Where do needs for Synths come from?

How to issue a Synth?

1. Collateralizing SNX to generate sUSD

2. Login with WalletConnect

3. Minting process (Collateralizing SNX to generate sUSD)

  • After connection, the bottom of the page will show the balance of the tokens in the wallet, including SNX and ETH, as well as the amount of the Synths and debt in the wallet.
  • In [What would you like to do] section, click on MINT.
  • Enter the amount of sUSD you want to mint and click on MINT NOW. After the transaction confirmation, the minting of sUSD and SNX collateralization will be complete.

4. Buy Synths with sUSD

5. Synths trading

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Crypto&DeFi Wallet on BTC, ETH, BSC, HECO, TRON, Polkadot, Kusama, Klaytn, HSC, EOS, etc. APP download link: https://www.tokenpocket.pro/

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TokenPocket

TokenPocket

Crypto&DeFi Wallet on BTC, ETH, BSC, HECO, TRON, Polkadot, Kusama, Klaytn, HSC, EOS, etc. APP download link: https://www.tokenpocket.pro/

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