xSynth (XSYN)

xSynth is a decentralised liquidity provisioning protocol that allows holders to stake liquidity and create synthentic is an EVM compatible chain, boasting 2,000 TPS, Hybrid Networks, Public and Private transactions. With incredibly low gas fees, xSynth enables users to take DeFi Liquidity Pool technology to the next level.

Assets are collateralized by stakers via xSynth Network Token $XSYN, which when locked in a staking contract enables the issuance of synthetic assets (synths). This pooled Debt vs Asset collateral model allows users to perform conversions between synths directly with the smart contract, avoiding the need for counterparties. This mechanism solves the liquidity and slippage issues experienced by DEXs.