SynfY.io
  • Introduction
  • Synthetic Real-World Assets
  • Vision
  • Benefits / Problems Solved
  • SynfY Protocol
  • Level 1 (Direct Market Access 1-1 Pegged) – Offchain Liquidity – Low 0% Collateral Model
    • Hedge Pool Layer (H-Layer) / syUSD & Intrinsic Value
    • Zk-Snarks Proof H-Layer
    • Proof of sale real-time
    • ERC721 vs ERC20
    • Synthetic JSON Metadata
    • Practical Examples & Currency Risk Mitigation
    • Benefits & Drawbacks
    • Fee Structure - Spot / Derivative
    • Ongoing debtor fees (ODF in metadata)
    • 1-1 Liquidity pool
    • Quantity Types
  • Level 2 – Onchain Liquidity / Debt Pool / Synfy Token
    • Collateral Ratio
    • Debt Pool
    • Burning
    • Benefits & Drawbacks
    • Fees
  • Early Adopter Benefits
  • Oracle Service
  • Governance
  • Managed synthetic baskets / Robo advisor investing pools
  • RWA interfacing (Real World Assets)
  • syUSD, syEUR, syGBP - non staking required, interest yielding stable currency
    • Benefits of syUSD
    • Standards – ERC20 + zk-SNARK vs ERC 721 + metadata
    • Transparency - Proof of reserve, Reserve Ratio and Custodian
    • Return generation
    • Interest Deposits
    • Market Neutral Investments
    • Beta hedging
    • Technology Stack & flow of funds
    • Weaknesses
    • How to purchase
    • Conclusion
  • Addresses
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  1. Level 1 (Direct Market Access 1-1 Pegged) – Offchain Liquidity – Low 0% Collateral Model

Quantity Types

Due to gas fees, options for token quantity types are provided.

Single Token Order - This type of order merges all quantities of the order into a single token. For example purchasing a quantity of 5 x sySPY will mint 1 token with the JSON metadata corresponding to a quantity of 5 sySPY items.

The value of the token is worth 5 x sySPY and can be sold back for such.

The advantage of implementing single token method, is that it is cheaper on gas fees for the end user to mint a single token with all quantities embedded.

The disadvantage is that the token is not quantity atomic, selling the token means selling all 5 x sySPY.

Multi Token Order - This type of order splits all quantities of the order into a multiple tokens. For example purchasing a quantity of 5 x sySPY will mint 5 separate tokens.

The value of each token is worth 1 x sySPY and can be sold back for such.

The advantage here is that the order is atomic. The user can sell each token individually at different times. This is useful for active trading.

The disadvantage is that minting multiple tokens means much higher gas fees.

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Last updated 1 year ago