Synthetix Network Token

SNX

About Synthetix Network Token

Synthetix Network Token is a decentralised synthetic assets network. The market cap is $612,708,403 and the 24h volume is $83,376,969.

Price
$ 5.33
24h Change
13.16%
Reward
56%
Score
75.25%
Total Staked
75.63%
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Monthly Earning$NaN
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Yearly Earning$NaN
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Staking Synthetix Network Token

Synthetix Network Token blockchain consensus is achieved via the Ethereum Blockchain. Investors can leverage their crypto via staking. Currently there are 2 options to earn passive income and staking rewards with your Synthetix Network Token investment as outlined below.

Stake SNX

Annual Reward: 56.00%
Adj. Reward: +0.43%
Complexity Rating: moderate
Risk Rating: moderate

Lend Synthetix Network Token

Annual Reward: 32.46%
Adj. Reward: +32.46%
Complexity Rating: easy
Risk Rating: moderate

FAQ's

  • How to stake Synthetix Network Token (SNX)?
    1. SNX holders can lock their SNX as collateral to stake the system.
    2. 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.
    3. All Synth trades on Synthetix Exchange generate fees that are distributed to SNX holders, rewarding them for staking the system.

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Last updated: 2020-08-12 20:14:07