iADA-Synth iADADetailed Description

iADA-Synth iADA Detailed Description

Synthetix allows the creation of synthetic assets pegged to any cryptocurrency, real world asset, index, etc. iADA is a synthetic asset issued by Synthetix. The price of Cardano (ADA) is tracked backwards through the oracle machine, and Cardano can be shorted by simply buying iADA.