Summary
This platform operates as a derivatives liquidity protocol, enabling decentralized finance (DeFi) trading through permissionless derivatives such as perpetual futures and options. It supports a wide range of assets and provides liquidity across Ethereum Virtual Machine (EVM) chains. Users can stake assets to earn fees and incentives while participating in a growing ecosystem of decentralized applications built on its liquidity. Governance is managed by a decentralized council elected by stakers, ensuring community involvement in protocol decisions.
Based on content on synthetix.io
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