An In-Depth Look at Synonym Testnet Demo
Discover Union Build a hyper-efficient zero-knowledge infrastructure layer that revolutionizes message passing, asset transfers, NFTs, and DeFi. Learn more here!
NFL Season is available to trade on Overtime – Sports market AMM built on Thales Market, a Synthetix ecosystem project. Earn your share of 90k $OP, 90k ARB, and 180k $THALES in incentives. Try it 👉🏽 HERE!
AcrossProtocol is a cross-chain bridge for L2s and rollups secured by UMA’s optimistic oracle that prides itself on its speed, security and low fees. Check it 👉🏽 HERE.
High Rollers:
Over the last several years we’ve seen tons of iterations amongst different verticals in the crypto space trying to further innovate. This is probably our favorite part of being in this space so early, it feels like we are experimenting in real time…
Or, ‘testing in prod’ as Andre would say.
Today’s video is a product of the aforementioned innovations in DeFi: A Synonym Finance testnet demo and retroactive rewards eligibility guide. Utilizing wormhole, synonym truly is a ‘cross-chain’ money marekt where you can deposit assets on one chain and borrow against them on a different chain.
True cross-chain collateralized lending. Pretty based.
In todays video, Andy will take you through the platform, report live feedback on the UI/UX, guide you through the galxe campaign to earn your discord role and *potentially* qualify for retroactive rewards. It takes less than 20 minutes to set this all up if you can focus and execute.
We’re pretty bullish on Synonym, so we think its worth it. Watch the educational tutorial below:
Cheers,
The Rollup.
Make sure to check out Synonym website 👉🏽 here
Also, check our DeFi by Design Episode 💯 👉🏽 here
🙌 Together with:
Connext – Build Web3 applications that can securely interact with users, tokens, and other applications on any chain – just like on the web. Learn more here.
Jumper Exchange A truly multi-chain exchange. Aggregating the best in the business for bridging, swapping, and onramping. Learn more here.
Cartesi is an application-specific rollup protocol with a Linux runtime. Scaling Computation. Transcending EVM Limitations. Learn more here.
Disclaimer: Please be aware that investing in cryptocurrency and DeFi platforms involves risks like technical glitches and human errors. We may receive commissions for featuring certain projects, which will be clearly noted. Our content is educational only and not financial advice; we are not licensed advisors.
