syde.fi
syde - EVM integration of synthtetic derivatives protocol on ton
Demo
About
syde is a first synthtetic derivatives protocol on TON blockchain(similar to syntetix on EVM) it let users create synthtetic version of the assets after providing collateral(prices coming from PYTH) and for collateral it sues yield strategies to let users make money on both their tons and with synthts on top of that we just built a cross chain integration with it allowing seemless usage of eth there so users can go now and mint synthtetic assets on TON blockchain, using their ETH funds
How it's made
Prices for synths are coming from PYTH on mint we are updating and retriving them In order to mint user also provides collateral and will be able to get a portion of the fees now we let users also use their tokens from ETH blockchain, for now it's EVM version of testnet tons so it does the crosschain integratio