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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.
Kusama (KSM) is a scalable multi-chain network that serves as a testing ground for developers building on the Polkadot blockchain. It allows for rapid experimentation and innovation, enabling projects to deploy their applications and enhance functionalities in a real-world environment before launching on the more stable Polkadot network.