Illuminati DAO
  • 🪐Illuminati DAO Introduction
  • 🌟Synthetics
  • 💰Synthetics Tokens
  • 🪙$MNTI Token
  • 🔓Staking and Locking
  • ⛏️Liquidity Mining
  • ⚒️Minting and Redeeming
  • 🛡️Flash Loan Protection
  • ⚡Zap Feature
  • 🌠Collateral Ratio
  • 💁‍♂️Protocol Owned Liquidity
  • 🌀Price Stability
  • 🖥️Smart Contracts
  • 🧑‍🤝‍🧑Governance (DAO)
  • 📰Roadmap
  • 🔐Audit & Security
  • 🖼️Graphical Assets
  • 🔗Links & Community
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Synthetics

What are Synthetic Tokens?

Synthetic assets are a type of financial derivatives that allow their holder to access the underlying asset without having to actually own it. A synthetic asset is simply a tokenized derivative that mimics or reflects the value of another asset.

Assets whose value is determined by other assets or benchmarks are called derivatives. In cryptocurrency, synthetic assets are tokenized derivatives.

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Last updated 2 years ago

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