The integration of SYNTHR into the decentralized finance (DeFi) landscape offers users a range of seamless and efficient features. SYNTHR is an innovative omnichain synthetic asset protocol that allows for frictionless interoperability and slippage-free multichain liquidity. The protocol utilizes a comprehensive set of modules for a range of features, including capital-efficient multichain liquidity access, slippage-free exchanges, farming, and secure bridging. At its core lies a Global Debt Model that is used to mint syAssets, while a proprietary peg-protection algorithm ensures that DEX prices remain pegged to their oracle prices.
The partnership between SYNTHR and Shardeum is set to take the DeFi ecosystem to new heights. Shardeum is a linearly scalable, EVM-compatible smart contract platform that provides low gas fees while fostering genuine decentralization and robust security. Its dynamic state sharding greatly increases the network’s capacity and allows it to co-exist on various chains, thus reducing the need for bridges.
Through this strategic partnership, users will get to enjoy slippage-free exchanges, capital-efficient multichain liquidity, and secure bridging of their assets. The collaboration between the two companies not only provides users with convenient investment opportunities, but also serves as a testament to the potential of DeFi solutions and their capability to revolutionize the traditional financial infrastructure.
Christopher Wood
- 2023-05-05
SYNTHR & Shardeum – Revolutionizing the DeFi Ecosystem
SYNTHR and Shardeum have partnered to implement a range of seamless and efficient features like slippage-free exchanges and multichain liquidity in the DeFi landscape. Learn about how this strategic partnership serves as a testament to the potential of DeFi solutions.
![CandleFocus SYNTHR-Shardeum-Defi-StrategicPartnership](https://images.candlefocus.com/SYNTHR-and-Shardeum-Revolutionizing-the-DeFi-Ecosystem.jpg)