New trading options: Mina, Synthetix, The Graph

September 17, 2021

Welcome our newcomers! Three freshly added tokens are now available for trading in your Change app. Read on to learn more about these cool new additions.

Mina Protocol (MINA)

Mina Protocol is flourishing as the lightest blockchain ever built; wherein, most blockchains, like Bitcoin and Ethereum, have yet to fully address the huge data usage concerns behind their own chains. Powered by MINA token, Mina makes a bold claim that it can store an entire blockchain with only 22 kilobytes, regardless of how much the usage grows. That's a whole blockchain nestled inside a single cat meme. To read more about Mina Protocol, visit their documentation page.

Synthetix (SNX)

Like traditional assets, stocks, and commodities but want to trade them on the blockchain? Now you can, with the Synthetix platform. Synthetix offers a solution to trade Ethereum-based synthetic contracts linked to traditional financial assets. That means stocks like Amazon or commodities like oil will take the form of ERC-20 smart contracts known as "Synths" that track the price of the mirrored asset. Because synths are issued on Ethereum, they can be deposited to other DeFi platforms and used to provide liquidity and earn interest. To find out more on Synthetics, follow their blog.

The Graph (GRT)

The Graph is an indexing protocol that organises and provides blockchain data to many decentralised applications (dapps) built in the Ethereum space. It has been called the "Google of Blockchains." After three years of development, The Graph protocol launched on the Ethereum mainnet in 2020. The GRT token has since gained significant popularity, jumping into the top 50 largest cryptocurrencies. For regular updates from the Graph team, read their blog.