The Synthetify protocol enables the creation, exchange, and burning of synthetic assets based on prices provided by a decentralized system of oracles. On the Synthetify exchange, trading is executed against the public debt pool, allowing for almost infinite liquidity and zero slippage even during big trades. Participants of the debt pool earn pro rata exchange fees for acting as counterparties during trades. Debt pool participants need to constantly hold sufficient collateral in Synthetify tokens (SNY) to ensure platform stability.

The Synthetify (SNY) token is anticipated to have the following utility: * Collateral for the creation of synthetic assets on Synthetify. * Discount for performing swaps on Synthetify. * In the future, SNY will represent a vote in governance decisions.

The initial distribution of SNY is as follows:

• Private Sale 6%
• Team 20%
• Ecosystem Reserves 30%
• Exchange Liquidity 2.4%
• IEO/IDO 1%
• Ecosystem Incentivized Fund 20%
• Liquidity Mining 10.6%
• Synthetify Debt Pool 10%

Total supply: 100,000,000

*Team, Family, and Private Sale tokens are subject to a 4-year lockup program. In the future, Synthetify will introduce perpetual inflation.

Synthetify is built by a group of experienced blockchain developers to deliver safe and reliable blockchain systems. The companys CEO and founder is Norbert Bodziony. We launched the project in 2020 in Poland and created a company, Synthetify Labs, in April 2021. The Synthetify team participated in both Solana hackathons, gaining 3rd place in the first one and 2nd place in the second Hackathon in 2021. Our primary focus is always on our product and user experience.

SNY is available on a growing number of exchanges, with stablecoin pairs currently available. SNY/USDC pairs are offered on:

• Serum DEX
• Raydium

The Synthetify protocol enables the creation, exchange, and burning of synthetic assets based on prices provided by a decentralized system of oracles. On the Synthetify exchange, trading is executed against the public debt pool, allowing for almost infinite liquidity and zero slippage, even during big trades. Participants of the debt pool earn pro rata exchange fees for acting as counterparties during trades. Debt pool participants need to constantly hold sufficient collateral in Synthetify tokens (SNY) to ensure platform stability.

The Synthetify (SNY) token is anticipated to have the following utilities: * Collateral for the creation of synthetic assets on Synthetify. * Discount for performing swaps on Synthetify. * In the future, SNY will represent a vote in governance decisions.

The initial distribution of SNY tokens is as follows:

• Private Sale: 6%
• Team: 20%
• Ecosystem Reserves: 30%
• Exchange Liquidity: 2.4%
• IEO/IDO: 1%
• Ecosystem Incentivised Fund: 20%
• Liquidity Mining: 10.6%
• Synthetify Debt Pool: 10%

Total supply: 100,000,000

*Team, Family, and Private Sale tokens are subject to a 4-year lockup program. In the future, Synthetify will introduce perpetual inflation.

Synthetify is built by a group of experienced blockchain developers to deliver safe and reliable blockchain systems. The company's CEO and founder is Norbert Bodziony. We launched the project in 2020 in Poland and created a company, Synthetify Labs, in April 2021. The Synthetify team participated in both Solana hackathons, gaining 3rd place in the first one and 2nd place in the second Hackathon in 2021. Our primary focus is always on our product and user experience.

SNY is available on a growing number of exchanges, with stablecoin pairs currently available. SNY/USDC pairs are offered on:

• FTX
• Serum DEX
• Raydium