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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.
Saffron Finance (SFI) is a decentralized finance (DeFi) protocol designed to enhance yield farming strategies by providing risk tranching, allowing users to invest in various risk profiles. It aims to improve capital efficiency and enable investors to manage risk while maximizing returns on their investments in the cryptocurrency space.