This New DeFi Project is Launching on the AI-Powered Velas Blockchain

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In the last few months, the Decentralized Finance (DeFi) space has exploded in both interest and innovation, as ever more creative and accessible platforms and protocols emerge to build out an entirely new financial system that could be poised to shake up the way people manage their money. Now, a new platform known as Symblox looks set to continue that ambition, with the release of a pioneering new synthetics issuance and derivatives trading platform. Going Synthetic Synthetic crypto assets have been kicking up quite the fuss lately, due to their capacity to make practically any asset more accessible, more liquid, and more fungible. Synthetics are essentially cryptocurrency tokens that represent traditional assets, derivatives, and practically anything else while mimicking their value. With synthetic assets, cryptocurrency holders can gain exposure to a range of simple and complex assets, ranging from fiat currencies to commodities, stocks, index funds and derivatives without needing…

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