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| Symmetric
| #SYMM
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SYMM Price: | $0.50 | | Volume: | — | All Time High: | $18.96 | | Market Cap: | — |
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Circulating Supply: | — |
| Exchanges: | —
| Total Supply: | — |
| Markets: | —
| Max Supply: | — |
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The last known price of #SYMM is $0.50 USD.
Please note that the price of #SYMM was last updated over 310 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #SYMM statistics should be considered as 'last known value'.
The lowest SYMM price for this period was $0, the highest was $0.499, and the exact last price of SYMM was $0.49934.
The all-time high SYMM coin price was $18.96. |
The code for Symmetric crypto currency is #SYMM.
Symmetric is 2.1 years old. |
The current market capitalization for Symmetric is not available at this time.
Symmetric is ranking downwards to #6413 out of all coins, by market cap (and other factors). |
The trading volume is unknown today for #SYMM. |
The coin supply of SYMM is unavailable. |
SYMM exchange data is not currently available.
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The Future of Symmetric Finance Defi enthusiasts, partners, Symmigos, lend me your ears. It’s been a wild ride for Symmetric Finance so far. We’ve launched on multiple platforms, built a strong user base, and continued to develop even during the recent bear market. While it’s been tough, we’re proud of our commitment to our community and excited to update you on our plans for the future. We have continued to build our project thanks to the strong commitment of the founding team. We are extremely proud of the loyalty this shows to our users, DAO, and community, and we are very proud to update you today on the future of Symmetric Finance. We are excited and there is amazing energy amongst the core team to grow Symmetric into a major player in the Defi market. This post elaborates on what we are working on and we think you will be just as excited as we are. Balancer Grant (Estimated completion- q2) Working alongside partners at GoodDollar, we received a grant from Balancer to build a multi-asset reserve for GoodDollar. We have recently completed stage one and are in the process of building out key components, which act as controllers for managed pools allowing automation of liquidity management and implementation of custom strategies. This reserve will have a few unique features, including the ability for a controller to add/remove tokens, adjust pool weight, and pause trading. This is the type of technology we have been aiming to provide our users si...
| How to use Symmetric on Kava EVM network This article provides a brief introduction to a new decentralised finance (DeFi) platform on Kava called Symmetric. In it, we explain how to use the platform to swap tokens and add or remove liquidity. — What is Symmetric? - Symmetric is a decentralised exchange (or DEX) also known as, an Automated Market Maker (AMM) in Decentralised Finance (DeFi). In traditional finance, centralised exchanges use an order book to match buyers and sellers. In contrast, DeFi’s Automated Market Makers (AMMs) allow for trades to be executed in an entirely decentralised, transparent and permission-less way. Symmetric is an AMM that enables decentralised exchange of digital assets through the use of liquidity pools on Kava, Celo and Gnosis networks. How do I add Kava in MetaMask (or any other DeFi wallet)? Go into settings and select “Networks”, Click on “Add a Network” and populate the following fields:, Network Name: KavaNew RPC URL: evm.kava.ioChain ID: 2222Symbol: KAVABlock Explorer URL: explorer.kava.io Save changes and load funds, your wallet is ready to use! NOTE: Much like ETH & wETH on Ethereum, Kava’s EVM compatible chain uses KAVA token as gas & wKAVA as it’s ERC-20 compatible token for swapping & other defi applications. How do I complete a trade (or token swap)? Launch Symmetric V2 and click on the ‘swap’ tab Populate the fields, including the token to sell at the top along with the quantity ...
| Symmetric Year-In-Review Hey Symmigos! Happy New Year and I hope all is well with you. Welcome to the Symmetric year in review, also serving as a project update. It has been a wild year for our industry, and I would like to talk about good, the bad, and the ugly of this year and talk about what is next for Symmetric. The Good: In an abysmal year for the industry, the Symmetric team remains intact and working towards the future. All core team members, @uzi, @thenewautonomy, @0xcodefi, @sultanpak, and yours truly are engaged daily with the project and working towards new and exciting things (more to come below)., We released Symmetric v2, a leap forward for the functionality of the DEX and pools we offer, and also built farms on top of it. V2 is a leap forward for the Symmetric protocol and we continue to build even more on top of it., Though rollout has been slow so far, Symmetric continues to play a big part in the Celo ecosystem, and looks to play an even larger role as the industry bounces back and new projects are released onto the network., In better market conditions, Symmetric reached all-time highs in TVL and daily volume., The Symmetric team has been very active, presenting at Celo Connect in Barcelona in April, acting as guests on podcasts, discord events, and interacting with other actors and projects across the industry., We are part of a team building a multi-asset bonding curve for REFI project GoodDollar through a Balancer Grant, we ...
| Symmetric & Kava: The Power of the Cosmos We are very pleased and excited to announce the launch of Symmetric V2 on Kava in Q4 of 2022 (exact date to be announced on twitter). This will be the third network we launch on, to further grow the Symmetric protocol and community. Kava is a new and unique network which brings together the best of Cosmos and Ethereum through its “Tendermint consensus” and “EVM co-chain”. It also offers a generous & decentralized incentive program to projects which will allow Symmeric to filter through competitive rewards to its users and community. We join the likes of Curve, Sushi, and other early-movers in the Kava ecosystem. Symmetric looks forward to exciting opportunities to provide the building blocks for DEFI to a young and rapidly growing ecosystem. Symmetric brings cutting edge DEFI to users and builders, capable of creating innovative, structured products on top of Symmetric’s unique pools and contracts, leveraging the same technology as Balancer V2. With the upcoming launch, Symmetric users will be able to trade all the KAVA staples they [will] know and love. In the coming weeks, through an exciting partnership, the SYMM token will also be available to users on KAVA. At launch the token list will include the following assets: BUSD, USDT, USDC, WKAVA, BNB, Why Symmetric? On Kava, Symmetric users will be able to access and/or create multi-asset pools with up to 15 assets per pool. This allows users to customize expos...
| Celo Incentives for cDEFI Today! Available on Symmetric’s cDEFI-CUSD pool TL:DR cDEFI is about to get a big boost thanks to Celo foundation and their support for native DEFI projects. cDEFI-CUSD will receive CELO incentives on top of SYMM beginning at 5 PM GMT.The power of deFi…in the palm of my hand Celo’s hottest new token, cDEFI, is getting a liquidity boost from Celo foundation with Celo incentives supporting cDEFI going live at 5 PM GMT. Symmetric’s cDEFI (80)- cUSD (20) pool will receive over 1600 CELO in incentives per week along with it’s allocated SYMM rewards. This will help to bootstrap initial liquidity for cDEFI. cDEFI Brought to you by Symmetric, Friends of Decentralized Organizations, and Celo Foundation, cDEFI is made-up of Defi tokens native to Celo. Specifically, the pool contains equal portions of SYMM, UBE, MOO, and MOBI. These are the original and most actively used Defi protocols on Celo and represent the building blocks of the defi ecosystem. Each of these 4 projects helps to fulfill Celo’s mission of making Defi and stablecoin liquidity accessible to all. How to Participate There are two ways to fill your bags. The first is to provide liquidity directly to the pool. Bring equal parts of the tokens over to https://celo.symm.fi/#/ and deposit them into this pool to mint your own $cDEFI tokens. Additionally, cDEFI is available to purchase on both Symmetric and Ubeswap. After getting your cDEFI, deposit it into the 80/20 cD...
| EthicHub is live on Symmetric Just in time for the start of REFI Summer on Celo! TL:DR Symmetric is proud to bring some big news to help kickoff REFI summer on Celo. EthicHub and Symmetric are proud to announce Ethix is available on Symmetric. Trading is underway and incentives start today, July 7th at 5 pm GMT!Symmetric and EthicHub Get a cold drink and your beach towels, because Symmetric Finance is proud to (unofficially) announce the start of REFI Summer on Celo. In the first in a string of what is sure to be a ton of exciting REFI news on Celo Chain, EthicHub has officially arrived and Ethix token is here! Feels like home sweet home. EthicHub comes to Celo well established in the world of REFI, having already made a tremendous impact in the lives of families and farmers from Mexico to Brazil while bringing returns to the shareholders that invest in them across the globe. EthicHub is building a more collaborative and inclusive financial system with unbanked farmers at its center and real world economics at its core. The ETHIX token helps to bring it all together, providing insurance for the loans that protect shareholder investment. As EthicHub only invests in profitable projects, EthicHub currently boasts project repayment of 98.8%. This means financial impact for investors and the people behind the projects they bring capital to, aligning incentives towards mutual benefit. Initial liquidity for ETHIX has been deposited in an ETHIX (80) — ...
| Introducing cDEFI and cREFI Available on Symmetric and Ubeswap TL:DR cDEFI and cREFI tokens are coming to Symmetric and will be available on both Symmetric.finance and Ubeswap.com soon. The index-like tokens are made up of Celo-native Defi and Refi tokens, and allow for easier participation in the DeFi and ReFi movements happening in the Celo ecosystem. After months of hard work the Symmetric Team launched Symmetric Version 2 to bring the best possible Defi experience to Celo and Gnosis. One of the things we are most excited about for each of our ecosystems are Symmetric’s cDEFI and cREFI tokens. About the tokens Symmetric’s cDEFI and cREFI tokens are built using themed multi-asset liquidity pools that automatically rebalance. This unique investment vehicle allows broad exposure to a variety of asset classes within an ecosystem through the simple purchase of a token. These tokens can then be used in Defi applications (we’re going to have some awesome pools), bridged to other chains, or just held in your wallet for blast-off. On Celo, we are proud to introduce cDEFI and cREFI. Let’s tell you about each and what you can do with them after you fill your bags. cDEFI Brought to you by Symmetric, Friends of Decentralized Organizations, and Celo Foundation, cDEFI is made-up of Defi tokens native to Celo. Specifically, at inception the pool contains equal portions of SYMM, UBE, MOO, and MOBI. These are the original and most actively used Defi protoco...
| Symmetric v2 is Here Launching v2 Farms June 16th on Celo and Gnosis!. — TL:DR Symmetric is launching v2 farms on Celo and v2 in full on Gnosis! Incentives and rewards will transition from v1 to v2 in the coming weeks. LPs need only withdraw liquidity from v1 and add back to v2. Symmetric v2 is improved inside and out: next-gen DEX/AMM tech, index-style pools, yield farming (insta-claim), and a swanky new UI. Also? We have a Bug Bounty. Details in the thread below: — @0xSymmetric After months of hard work the Symmetric Team is proud to launch Symmetric Version 2. We’re bringing the best possible Defi experience to Celo and Gnosis Chains. Let’s dig into v2 and what makes us so excited for the future of Symmetric. v2: Cutting Edge Defi Technology on Gnosis and Celo Symmetric v2 brings the most flexible, efficient, and secure Defi to Celo and Gnosis Chains. With identical core contracts to Balancer v2, Symmetric has packed the best in Defi under the hood and added some fantastic upgrades with Celo and Gnosis Chains in mind. Along with asset management functionality, multi-asset pools, and flexible pool weighting, Symmetric v2 recruits smart pool tech to offer users index pools and corresponding tradable tokens on both chains, all new yield farming, and a fair, token launch pad (with our partners at PrimeDAO, eta q4) to each ecosystem. More on what makes Symmetric v2 so special: Multi-Asset Pools, Weighted Pools, and...
| A Stablecoin Mini-dive: Terra, Celo, & Gnosis Most of us are probably aware of the existence and various uses for stablecoins. We probably even have some favorites. I was inspired to do this write up after loosely (at first) following what happened with Luna and UST, as well as nervously following the pegs for Celo stablecoins and DAI derivatives on Gnosis Chain. To review, TerraUSD (UST) sat on about a 16 billion dollar market cap. Though this coin is designed to be pegged to the US dollar, its value fell in the neighborhood of 35–45% on May 10th, 2022. Ironically this happened on the same day the Federal Reserve dropped its Financial Stability Report, seemingly foreshadowing the perils of stablecoin stability that have since ravaged UST and hence, Luna. Read on for an eventful dive into types of stablecoins, including those near and dear to Symmetric hearts.[src: Coingecko] Naturally this sent panic through the crypto-verse, likely spooked institutional investors, and left even the truest of believers, myself included, in a state of how you say, “FUDiness.” See?[src: oc] Algorithmic vs Collateralized It is important to note that almost no two stablecoins operate in the exact same manner. Two very basic categories for stablecoins are algorithmic and collateralized stablecoins. Stablecoins might be a combination of both, or even, as in the case of Celo stables, both + overcollateralized. As stated by Brian Li of Ubeswap, Poof Cash, and Nomspace, “small differences...
| Symmetric rewards updates Going live Thursday, May 5th at 4:45 pm UTC TL:DR Symmetric is improving on an already lucrative rewards structure by implementing a new system designed to maximize capital efficiency and reward productive liquidity. New pools with big rewards on SYMM and Gnosis and Celo natives coins and stables start May 5th. As we move towards Symmetric’s launch of v2 (as soon as audits are completed!), Symmetric is announcing an entirely new rewards system that will build towards v2 launch. Previously, all pools created on Symmetric were rewarded with SYMM tokens. This new rewards system concentrates SYMM rewards where they’ll result in more productive and efficient liquidity. Gnosis rewards changes Liquidity pools on Gnosis will see some big rewards changes, driving more liquidity to pools including SYMM token and more liquidity concentrated in partnership pools. Specifically you will see in the table below a large movement of SYMM rewards to pools containing the SYMM token, rewarding holders of SYMM with tokens they can easily redeposit into pools to grow their position weekly. You will also see GNO rewards moving more into pools containing GNO with similar thinking here. ALL APR’s ARE ROUGH ESTIMATES BASED ON CURRENT NUMBERS Celo Reward Changes Symmetric pools on Celo will undergo similar changes while opening up a new option for Celo holders, an 80–20 CELO-CUSD pool will headline the pool changes. This pool will receive s...
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