Synthetix

Formerly Havven.

Coinbase Stablecoins Synthetix

Synthetix

Coinbase Stablecoins Synthetix

Overview

Synthetix, formerly Havven, is a cryptoasset-backed network that enables the creation of on-chain synthetic assets.

The network reduces price volatility through its dual-token system: HAV, the collateral token, and nUSD, the asset-backed stablecoin. nUSD is collateralised by the value of HAV, and the value of HAV comes from transaction fees that are generated with all nUSD transactions and paid to HAV holders. The value of nUSD is kept stable by HAV holders, who are incentivised to manage its supply. Havven is currently on Ethereum but will also be on EOSIO by the end of 2018.

Team Members

8

Creator of products and mixer of beats.

Justin J. Moses

CTO at Synthetix.

Clement Balestrat

Full Stack Developer at Synthetix.

Communications manager at Synthetix.

Santiago Roel Santos

Former General Partner at ParaFi Capital, Founder of EON Capital.

Co-Founder at Bodhi Ventures, Block Earner.

Core contributor at Synthetix.

Founder of Synthetix, CEO at blueshyft.

Portfolio

Synthetix Exchange

Backers

Powered by Web3 VC and Market Maker Digital Wave Finance.

Investing in ideas that become retrospectively obvious.

Framework Ventures

We build products and services to support open blockchain networks.

Infinite Capital

Formerly Synapse Capital.

Three Arrows Capital

Hedge fund manager that provides risk-adjusted returns.

Fourth Revolution Capital

Focused exclusively on blockchain technology and digital assets.

CypherHunter Plus

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