Place/Date: - February 17th, 2022 at 2:00 am UTC · 3 min read
Contact: AscendEX, Source: AscendEX
Synchrony is a decentralized asset management platform that utilizes a suite of analytics and machine learning algorithms to evaluate and optimize sets of on-chain assets. The platform’s core features include copy-trading and composable indices, both supported by a farmer’s market that allows users to access multiple blockchains at once. It sounds complicated, but Synchrony simplifies DeFi using Artificial Intelligence, A.I.
On the platform, users can copy what other traders do, invest passively with dynamic indices, and conduct research using a full suite of analytics tools. Synchrony aims to have cross-chain interoperability as soon as possible. With access to more chains and DeFi applications, they are providing more opportunities for users to earn more with their funds.
Synchrony Labs was founded in Hong Kong by a team of engineers and software architects with decades of experience in traditional finance, software development, blockchain, and entrepreneurial ventures. Synchrony Labs’ purpose is to build useful, sustainable, and high-quality products using blockchain technology with a philosophy of accessibility, equality, and inclusion at the heart of the process.
SCY is the utility token for the Synchrony Ecosystem. It can be used to pay for subscription services, unlock certain features through staking, and gives users access to private chats and community-specific perks.
AscendEX is thrilled to partner with Synchrony to help advance the growth of the DeFi ecosystem.
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.
AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.
Synchrony is a state-of-the-art decentralized asset management platform utilizing a sophisticated suite of analytics and machine learning algorithms to evaluate and optimize sets of on-chain instruments producing single-click solutions for diversified exposure to an ecosystem’s primitives.