Its native token is BEL.Д«ella launched in September 2020 and has already achieved numerous partnerships, most notably with Arrington XRP capital and Binance. It offers different DeFi products in order to make such services simpler and more accessible to the public.Д«esides providing services without any gas fees, the protocol provides some of the best yield rates on the market. OGN Chart By TradingView Bella Protocol (BEL)Д«ella Protocol is a platform that provides banking services to cryptocurrency users. Furthermore, the MACD has generated a higher momentum bar, so, a bounce could soon follow. However, the token is following a descending support line, which will soon coincide with the aforementioned horizontal support area. It was rejected by the resistance area on Sept 6 and has been moving downwards since. OGN has been trading in a range between $0.58 and $1.40 since May. On Oct 1, OGN holders will also be rewarded with four non-fungible tokens (NFTs) which will be distributed in partnership with C.R.E.A.M finance. In addition to this, the token is used for voting rights to change to the platform. These holders are periodically rewarded based on the yield of the network. Origin Protocol boasts more than 800 investors, while the native token, OGN is held by more than 37,000 addresses. The platform seeks to address the primary issues of existing markets by providing: By doing so, it seeks to bring both non-fungible tokens (NFT) and DeFi to the general market. Origin Protocol is a platform that aims to create a decentralized market for sharing services and goods. SNX Chart By TradingView Origin Protocol (OGN) However, it is following a descending support line which coincides with the $9 horizontal support area. SNX has broken down from an ascending support line (dashed) and the breakdown is supported by the decreasing MACD and RSI. Kain Warwick, the CEO of Synthetix will also be one of the main speakers at the Token 2049 conference. The aim of the platform is to bring in non-blockchain assets in the cryptocurrency space, in order to provide access to a broader financial market. In addition to this, participants are able to earn rewards by supplying collateral to the protocol or by staking SNX, the native token for the platform. It makes use of synthetic assets (synths) in order to solve slippage and liquidity issues that are usually present in decentralized exchanges.

Synthetix (SNX) is a decentralized finance (DeFi) protocol that allows users to gain on-chain exposure to various assets. AAVE Chart By TradingView Synthetix (SNX)

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