Average Price Shift for Synth Holders
Synths, is synthetics of crypto assets. Users can create synthetic versions of any coins using THORChain. Users can do this by adding $RUNE or a crypto asset to a THORChain liquidity pool. Synthetic assets from THORChain are distinct from other synthetic assets in that they are not solely backed by the underlying asset and do not require a high collateralization ratio. One of the reason why users might need synths is for trading the price movement. Using synth, you can trade $ETH cheaply. In this dashboard, we will take a look at the average price shift of each synths assets.