What is Synthetix? Synthetix is a decentralized liquidity provisioning protocol built on Ethereum and Optimism, the Layer 2 scaling solution built on Ethereum. Synthetic assets, and associated products, are collateralized by stakers via Synthetix Network Token (SNX), which are then locked in a staking contract enabling the issuance of synthetic assets (synths). This pooled collateral model allows users to perform conversions between synths directly with the smart contract, avoiding the need f...