What is Sora Synthetics

Article Summary, Automatically Generated By AI

Summary

  • XST: a platform for synthetic assets on SORA
  • Synthetic assets are fully collateralized on-chain and linked to off-chain indices
  • Enables composable DeFi operations that are censorship resistant

About SORA Synthetics

Introducing SORA Synthetics, a pioneering force in the realm of decentralized finance (DeFi).

XST is a pioneering platform for synthetic assets on SORA, facilitating the creation of fully collateralized on-chain assets that are tethered to off-chain indices. This innovative approach enables a vast array of composable DeFi operations that are inherently censorship-resistant.

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