Formerly Havven.

Synthetix Introduction

Synthetix, formerly Havven, is a cryptoasset-backed network that enables the creation of on-chain synthetic assets. The network reduces price volatility through its dual-token system: HAV, the collateral token, and nUSD, the asset-backed stablecoin. nUSD is collateralised by the value of HAV, and the value of HAV comes from transaction fees that are generated with all nUSD transactions and paid to HAV holders. The value of nUSD is kept stable by HAV holders, who are incentivised to manage its supply. Havven is currently on Ethereum but will also be on EOSIO by the end of 2018.

Synthetix Team

Andy Chen Fang
Justin J. Moses
Clement Balestrat
Garth Travers
Santiago Roel Santos
Jordan Momtazi
Afif Bandak
Kain Warwick