iBNB-Synth iBNBDetailed Description

iBNB-Synth iBNB Detailed Description

Synthetix allows the creation of synthetic assets pegged to any cryptocurrency, real-world asset, index, and more. iBNB is a synthetic asset issued by Synthetix, which tracks the price of Binance Coin (BNB) in reverse through the oracle machine, and can short Binance Coin by simply buying iBNB.