SBTC-Synth sBTCDetailed Description

SBTC-Synth sBTC Detailed Description

sBTC is a synthetic asset anchored to the BTC price generated by the Synthetix protocol on Ethereum.
sBTC will track the price of its corresponding real BTC asset. sBTC can be traded (P2C) with other synthetic assets (Synths) through contracts in the Synthetix protocol. This novel trading mechanism allows trading without traditional slippage or liquidity constraints.