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  • POW Market Cap
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  • Masternodes Market Cap
    $3.098B -1.42%

Synthetix shares its new roadmap update and future milestones

By Inkarias - 2020-03-11

During the last year , there have been product improvements; such as the launch of sX v2, new crypto Synths and crypto index tokens but the vast majority of the team effort has been aimed at securing the protocol to make it scalable as much as possible. With the recent successful launch of Fee Reclamation and the upcoming release of continuous staking rewards, Synthetix team is now confident the system is robust enough to support tens of millions of dollars in daily volume and the efforts will transition to attracting this volume in the long run. One of the most powerful aspects of Synthetix.Exchange is the ability to support any asset class with a secure price feed.
The Chainlink migration will unlock a huge number of new assets all accessible on a single exchange. Being able to trade from an ETF to Gold and then into an inverse crypto index product with a few clicks will provide an unparalleled user experience.
In the major upgrades to come, two additional components being designed for sX, the markets and the assets page. These two components will make navigating the exchange much simpler and provide significantly improved information for traders on their open positions, trading history and trading performance. In addition to these major components a number of minor enhancements will be rolled out over the coming months. A lot more features will be implemented in the future and can be found below:
  • Traditional asset classes - Equities, ETFs, Indices and more
  • New crypto and Leveraged synths
  • Binary options and advanced order types
  • sX interface enhancements
  • Optimistic Rollups
  • Synthetic futures
  • Ether/DAI/BTC collateral
  • Trading delegation
  • Mobile interfaces and differential fees
More details on all the changes and implementations at https://www.synthetix.io/