SORA Synthetic JPY
XSTJPYProject Safety Score: 22%
Updated 2 weeks, 6 days ago& Market
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The SORA community is excited to announce the release of SORA Synthetics (XST), a groundbreaking advancement that brings more than 30 new synthetic assets to the SORA ecosystem.
XST is a platform for synthetic assets on SORA. Synthetic assets that are fully collateralized on-chain, but are linked to off-chain indices allows a multitude of composable DeFi operations that are completely censorship-resistant.
The integration of SORA Synthetics (XST) has been made possible through a pivotal partnership with Band Protocol Oracle Blockchain. This collaboration ensures accurate and reliable data feeds, a crucial element for the functioning of synthetic assets.
Synthetic assets can only be exchanged through the XST liquidity source or XSTUSD-based pairs.
Risk Report
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