Synthetix Network TokenSNX
About Synthetix Network Token
Synthetix Network Token is Decentralised synthetic assets Network. The market cap is $90,621,325 and the 24h volume is $2,418,846.
Staking Synthetix Network Token
Synthetix Network Token blockchain consensus is achieved via . Investors can participate via staking. Currently there is 1 option to earn passive income and staking rewards with your Synthetix Network Token investment as outlined below.
- How to stake Synthetix Network Token (SNX)?
- SNX holders can lock their SNX as collateral to stake the system.
- Synths are minted into the market against the value of the locked SNX, where they can be used for a variety of purposes including trading and remittance.
- All Synth trades on Synthetix Exchange generate fees that are distributed to SNX holders, rewarding them for staking the system.