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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Oracle Service

Oracles track the value of all the synthetic assets in the Synfy system. Oracles push price feeds on to the chain.

On of Synfy’s objectives is to be an Oracle service provider. Therefore, Synfy implements its own Oracle feeds. This enables Synfy is offer a larger product range of synthetics.

Level 1 – As this is a hybrid system, no oracle is required until Synfy offers the ability to directly purchase via Level 1 via the smart contract. Initially, if purchases are made on website, then no oracle service is required here.

However, Synfy has an Oracle stub provisioned directly on the smart contract, the idea is to use this provision during expansion. This consists of a small array of 500 assets ready to service.

Level 2 – The oracle must be used here.

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Last updated 1 year ago