Synthetix operates as a decentralized liquidity layer on Ethereum and Optimism, revolutionizing the trading of synthetic assets and perpetual futures without traditional order books. Its native token, SNX, is crucial for staking, governance, and earning a share of trading fees. The governance structure of Synthetix involves a collaborative model with community members, core contributors, and elected councils and committees, ensuring a fair and transparent decision-making process. Funding milestones include raising $250,000 in a Seed Round, $610,000 in a Pre-Sale, $23.42 million in a Private Sale, $5.3 million in a Public Sale, and $3.8 million in Partnership Incentives, along with $12 million in later funding rounds. Additionally, Synthetix's strategic collaboration with Optimism brought in an allocation of 9 million tokens, earmarked for distribution to its user base.
Orange Finance is a leading liquidity management protocol, focusing on LPDfi strategies to improve capital efficiency for LPs. It introduces features such as single-asset deposits, auto-rebalancing, and delta hedging to manage impermanent loss and enhance profitability.
DeFi Saver is an all-in-one management tool for decentralized finance. They integrate multiple leading lending protocols such as Aave, Maker, Spark, Morpho, CurveUSD, Liquity, Euler, and Fluid into a single dashboard while providing a layer of advanced features that enhance their functionality.
