Hello everyone! Thinking about getting into this “synthetic assets” thing, any suggestions? Need a trustworthy project cause I can’t afford experiments haha. Also, what can these assets be used for?
Hi, buddy. Their use is similar to the irl assets: you can hedge a position, increase leverage, or speculate on an asset's price movement. As for the projects, check out Horizon Protocol! They focus on bringing a more comprehensive range of synthetic assets representing the real and crypto worlds!
Hey, that’s great. But do they have any competitive advantages? In my book, if you have such an ambitious goal, you need to have some outstanding features…