This will increase the supply of SUSD on the market and let the SUSD price drop quickly. At each of our 30 schools, we challenge students to think critically, act collaboratively, and embrace diversity, setting them up for a life of intellectual exploration, community engagement, and personal growth. The token could be traded without slippage for other assets native to the Synthetix protocol. The PTPWallet platform supports many cryptocurrencies simultaneously, such as sUSD .
Some, but not all, of Synthetix’s derivatives are built using the Ethereum’s Optimism Layer-2 protocol. Since SUSD is one such option, it benefits from substantially reduced gas fees. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to sUSD. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound. Stablecoins are a class of cryptos that offer price stability and are backed by real-life assets like fiat currencies issued by the government, gold, and other reserve assets.
16 schools earned a Best Elementary Schools badge and 7 schools earned a Best Middle Schools badge because they place among the top 30% in the state. Based on socioeconomics and students’ proficiency on state assessments, our top-ranked schools succeed at educating all students. The new Synthetix bug bounty is protected by the Immunefi. Immunefi is a bug bounty platform for smart contracts and DeFi projects, where security researchers review code, disclose vulnerabilities, get paid, and make crypto safer. As a US dollar-pegged stablecoin, SUSD should not go above or below $1, barring slight intraday fluctuations.
Click here to view more information on our search for a new Superintendent including surveys, parent meetings, and calendar of events. Currency Com Limited is a private company limited by shares incorporated in Gibraltar under company number , having its registered address at Madison Building, Midtown, Queensway, GX11 1AA, Gibraltar. The merchant location address is located at Unit 5.25, World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA. Digital signs (hereinafter referred to as “tokens”) are not legal tender and are not required to be accepted as a means of payment. Some products and services listed on this website are not available to ##CURRENT_COUNTRY## clients. Please redirect to ##BY_COUNTRY_LICENSE## if you are a ##CURRENT_COUNTRY## resident.
The Synthetix platform offers risk mitigation strategies through a decentralized protocol developed by the Synthetix team and is also committed to decentralization and censorship resistance. Chainlink, a reputable provider of decentralized oracle solutions, supplies all oracles, and Synthetix does not rely on a centralized solution. Developers can enjoy other benefits of the protocol as it successfully allows for the integration of Ether as collateral.
SUSD is a synthetic USD token enabled by the Synthetix protocol. It tracks the price of the US Dollar through price feeds supplied by Chainlink’s decentralized network of oracles. SUSD is integrated across the DeFi ecosystem as one of the most liquid decentralized stablecoins, including at Curve. It can be traded without slippage for other assets native to the Synthetix protocol at Kwenta or Synthetix.Exchange. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such.
SUSD Showcase Spring/Summer 2023
As a synthetic asset pegged to the dollar, SUSD provides price exposure to the US dollar, while also giving holders access to DeFi trading opportunities using a price-stable cryptocurrency. Synthetix is an Ethereum protocol for creating and exchanging synthetic assets. Each synthetic asset is an ERC20 token that records the price of an external asset, such as the US dollar; for example, each sUSD token tracks the price of the US dollar . Within Synthetix, a broad range of Synths are available, including fiat currencies, cryptos, commodities, and inverse indexes. According to this idea, the system may support any asset with a fixed price and offers on-chain exposure to an infinite number of real-world assets. Stablecoins have caught the attention of investors because to their operations in both the digital and physical worlds.
Binance, Crypto.com, Atomic Wallet, and KuCoin are among of the crypto exchange sites where Shiba Inu coins may be purchased. – Shiba Inu coins may also be purchased on Uniswap , where Ethereum can be exchanged for Shiba Coins. The best place to buy, sell, trade, and hold THETA is on Binance. You may buy, sell, and hold bitcoin by signing up for a Binance account. There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE.
Since it is pegged to the dollar, it does not provide investment potential. Traders seeking to invest in Synthetix should look to the SNX token for staking opportunities. Having a shared collateral pool among all of Synthetix’s derivatives makes for a frictionless trade between assets without the need for a middleman, although exchange fees (approximately 0.3%) and gas fees do apply. SUSD is by far the most popular derivative on the platform, comprising 86% of the total circulating volume. If you would like to know where to buy sUSD at the current rate, the top cryptocurrency exchanges for trading in sUSD stock are currently KuCoin, Gate.io, Uniswap v3 , Uniswap v2, and Curve .
Scott A. MenzelOther informationWebsitesusd.orgThe Scottsdale Unified School District is a school district with its headquarters in Phoenix, Arizona. The 112-square-mile district serves most of Scottsdale, most of Paradise Valley, a portion of Phoenix, and a portion of Tempe. When SUSD is higher than $1, users can use the minting feature of the protocol to mint SUSD at a price of $1, and then sell SUSD in the market at a price higher than $1.
sUSD (SUSD) Reddit Feed
By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform. So in the case of an unanchored event, SUSD can be anchored faster than other stablecoins.
The integration includes safety, scalability, and user onboarding — allowing ETH holders access to Synths without letting go of their Ether, making it an important user experience in increasing trading volume. Is a US-based licensed platform that provides crypto exchange services for US residents. Dzengi Сom сlosed joint stock companyis a cryptoplatform operator and carries out activities using tokens. Certain tokens sold by Dzengi Сom сlosed joint stock company may be of value only when using the information system of Dzengi Com CJSC and the services rendered by Dzengi Com CJSC. The SUSD crypto ranks as the 17th largest stablecoin by market capitalisation, below STASIS EURO and above StraitsX Singapore Dollar .
Because of its vast use case, it has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. Users can easily use PTPWallet as their sUSD wallet because it offers a simple interactive interface, making it easy for people to navigate its system. Following governance, Synthetix has a system of councils that helps to oversee and govern the protocol. The Spartan Council, the key governing council of Synthetix, is elected by the community and decides which changes to the protocol are approved.
SUSD is an ERC-20 token created by the Synthetix team that monitors the USD price. SUSD is a decentralized stablecoin that is immediately convertible for USD equivalents. The growing popularity of several stablecoins may have aided sUSD in gaining investor interest. Meanwhile, the lower volatility or stability of these assets has strengthened their popularity in recent days. Gate.io is a crypto exchange service that is part of Gate Technology Inc.
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- Each synthetic asset is an ERC20 token that records the price of an external asset, such as the US dollar; for example, each sUSD token tracks the price of the US dollar .
- The SUSD crypto ranks as the 17th largest stablecoin by market capitalisation, below STASIS EURO and above StraitsX Singapore Dollar .
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Is a global cryptocurrency exchange platform that allows you to trade crypto and other assets. Between 1 January and 24 June, SUSD’s market capitalisation reduced by 23%, In comparison, the entire cryptocurrency market capitalisation in this time period fell by 57%, according to CoinMarketCap. But comparing SUSD with Tether , the world’s largest stablecoin, SUSD fell 8.5 percentage points more than USDT’s 14.5% reduction.
Why SUSD can anchor the US dollar
He is also the Co-Founder and CEO of blueshyft, a retail payment network of over 1200 locations across Australia. Blueshyft has become the largest cryptocurrency payment gateway in Australia, processing tens of millions of dollars in transaction volume. This is, of course, contingent on the health of the project. A severe drop in market capitalisation or staking volumes of the what is susd SNX collateral token could cause SUSD to depeg. Therefore, traders interested in using SUSD to gain exposure to the US dollar are advised to research the underlying fundamentals of the token and the Synthetix enterprise. SUSD is one of a number of stablecoins issued by Synthetix, with other options covering the gamut of fiat currencies, cryptocurrencies and even an index fund.
Join us for a two-week residential pre-college summer program designed for curious high school students to live, learn, and grow at one of America’s top universities. Debra Duardo, Los Angeles County superintendent of schools, praised the contributions of classified employees in keeping schools running. Welcome to https://cryptolisting.org/ ETHERDALE your #1 source for all things Crypto news and updates. We’re dedicated to providing you with the best information about cryptocurrencies, NFT, and Blockchain. To buy sUSD, you’ll need a self-custody wallet like Coinbase Wallet. It has a completely different network and structure than the regular Bitcoin.
SUSD is a stable currency launched by the Space Dollar protocol. SUSD is minted by collateralizing SPACE, and SPACE is redeemed by destroying SUSD. There have been many attacks on cross-chain bridges in history, and the amount of loss has also been very large, so we need and develop a more secure stablecoin protocol which is Space Dollar. SUSD is the premiere destination for education, attracting students from all over the valley. This is where they come to design their dreams, pursue their passions and achieve college & career readiness.
What stablecoin is the safest?
SUSD is a stablecoin issued by derivatives platform Synthetix. SUSD is collateralised by a pool of Synthetix’s SNX token. SUSD provides price exposure to the US dollar, while also giving holders access to DeFi trading opportunities using a price-stable cryptocurrency. Kucoin is one of the most solid exchanges in the market right now. They take regular payment methods such as wire and bank transfers as well as other cryptocurrencies.
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