Just a few years ago cryptocurrencies were something very few had any knowledge about. Fast forward to today and crypto is more popular than it has ever been. Despite all the measures various countries have been implementing against crypto, more and more people are using Bitcoin and other currencies all over the world!
Here at Symblox we are very happy about how things are going! We want to make digital finance accessible to the people, show that it’s not rocket science and we are proud to say that so far we’ve been very successful!
Symblox is a decentralized synthetic asset issuance and trading protocol, which is driven entirely by the community. Symblox allows anyone to deposit multiple and supported crypto assets into a reserve pool as the collateral then use it as a value basis to issue any type of synthetic asset. For example, anyone can mint synthetic Bitcoin (syBTC), US Dollar (syUSD), gold (syGOLD), or even stocks, like syAAPL, etc. on Symblox. These synthetic assets can then be traded directly on the Symblox protocol for profit.
Our main goal is to ensure our users get access to all the benefits the world of crypto can offer them, and we are working hard on that!
