TSynx is the backbone for synthetic NFC bonds on the Tron network, allowing anyone, anywhere to create, manage and trade assets.
Contents:
- Description of the TSynx project
- How is the auction going?
- How to participate in mining?
- More information about TSynx
Description of the TSynx project
TSynx — a protocol and platform for trading synthetic assets and bonds on the Tron network. Together with other DeFi projects, it enriches the entire TRON ecosystem. The TSX token can be used just like any other cryptocurrency. It can be sent free of charge to third parties, used as payment for goods and services, as protection against market volatility or in other DeFi services and platforms. The project is under continuous development to offer the highest standard of quality and performance for NFC synthetic bonds while offering profitability and liquidity.
Why you should trust this project:
| Firstly | Bonds (in the TRC721 standard) can be issued by anyone who offers guarantees through any existing TRC20 assets. |
| Secondly | Synthetic assets aim to provide users with access to many different assets without having to hold the underlying asset. |
| Thirdly | Buy some assets on the storage platform and get rewards with TSX. Withdrawals are also available at any time. |
NFC synthetic bonds - unique synthetic instruments (NFC TRC721) that can be issued by anyone under the Tsynx protocol. In order to issue a bond, you must provide guarantees with any TRC20 or TRC721 tokens. TSynx Bypass is an innovative reward system. The sent TRXs come back in the same transaction along with the TSX reward. The bypass system is not always available and the amount of reward is limited and reduced, compared to the traditional betting regime.
How is the auction going?
The auction system for synthetic NFC bonds is fully decentralized and will be available after the distribution of TSX tokens at the first level. The auction market will be available to everyone, with its own characteristics for trading synthetic NFC bonds. There is no management fee for the bonds and a 5% commission will be charged on redemption. The generated fees go to a pool of fees, available to TSX stakers, to claim their share.
How to participate in mining?
To participate and mine TSX, you need to place a bet on one of the active pools. Each pool has its own details. Currently supported:
- TSX;
- TRX;
- USDT;
- JST;
- USDJ;
- SUN.
Select the active Tsynx pool and place the corresponding token asset for mining. Get TSX every second that matches your total bets. You can withdraw the bet at any time. Please note that a 20% withdrawal fee exists. TSynx mining pools work every second.
The total supply of TET tokens is only 5,000,000 tokens and anybody cannot change it.The only way to mine TSX is by placing assets (TRX or TRC20).
More information about TSynx
There is a LitePaper document on the project website, which describes all features of the project. Also, there is a section with answers to questions, as well as an operating procedure Telegram channel and Twitter are available from social networks. Subscribe to stay up to date with all news and updates. Smart contract audit is not available.