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Synthetix (SNX) is a decentralized synthetic asset issuance protocol built on the Ethereum blockchain. It allows users to create and trade synthetic assets, which are blockchain-based assets that track the value of real-world assets like commodities, fiat currencies, and cryptocurrencies.
Avalon Labs (AVL) is a decentralized cryptocurrency designed to facilitate seamless and secure transactions across various digital platforms. Leveraging blockchain technology, AVL aims to provide users with enhanced privacy, lower transaction fees, and faster processing times compared to traditional financial systems.