Add new long and inverse Synths for three new cryptocurrencies: Chainlink (LINK), Ripple (XRP), and Litecoin (LTC).
Adding long/inverse exposure to a range of new crypto Synths will allow traders to profit from bullish or bearish bets on the value of some of the best-known tokens in the ecosystem.
These Synths will be implemented in much the same way as the other long/inverse crypto Synths. Each crypto Synth will have upper and lower thresholds.
Additional crypto Synths will add further utility to Synthetix.Exchange. The included cryptocurrencies were chosen through community voting on Twitter.
These Synths will be added in the upcoming Arcturus release.
Copyright and related rights waived via CC0.