DeFi Of Thrones — SYNTHETIX vs UNISWAP & December Schedule

DeFi Of Thrones
3 min readDec 18, 2020

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We are happy to introduce the third war on our platform in collaboration with SYNTHETIX. We worked with Garth Travers, the communication manager at Synthetix project.

This war will oppose 2 houses: Synthetix Network against Uniswap.

An epic battle of titans !

To which house are you going to pledge allegiance ?
Are you going to betray your house and join the opponent ?

Note : If you are new to the DeFi of Thrones ecosystem, you will find a guide to getting started here.

Houses overview

Synthetix Network

To sum up, it is the largest decentralized exchange for derivatives in the DeFi ecosystem. Derivatives provide exposure to real world assets on the Ethereum blockchain. Similar to derivatives in traditional financial markets, Synths allow users to hedge and reduce their risk, speculate on price movements and get access to unavailable assets or markets.

Discord: https://discord.com/invite/AEdUHzt
Watch out ! There is no official Synthetix telegram !

Market info (18th December 2020) :

Market cap : $806,191,665

24h volume : $119,627,263

Circulating supply / Max supply : 139,411,447 / 212,424,133

Uniswap

Uniswap is a decentralized exchange (DEX) that makes it easy for users to swap an ERC-20 token for another ERC-20 token without the need of a centralized intermediary. With a DEX, traders do not have to deposit their tokens on an exchange and be exposed to the security risks of a centralized exchange.

Discord: https://discord.com/invite/XErMcTq

Market info (18th December 2020) :

Market cap : $815,188,257

24h volume : $417,999,354

Circulating supply / Max supply : 215,057,920 / 1,000,000,000

War configuration

These two projects are going to compete each other in term of market performance during 4 days. The war starts the 19th of December and will end the 23th of December.

Key configuration data:

  • Total duration : 4 days
  • Tickets purchase & switch house period : 19th to 21th of December
  • Ticket price : 1 ticket = 10 DoTx
  • DoTx to burn : 5% of the losing house
  • DoTx to send in the Throne Vault : 5% of the losing house
  • Fees to switch house : 1% of your purchased tickets (Additional cost)
  • Start of the war: 19th December 2020, 8pm UTC

Did you manage to chose the house you are going to support ?
Go and show your loyalty !

We hope to see both communities enjoying this brand new event in the DeFi sphere, a new kind of entertainment to join as player or attend as spectator !
We thank again SYNTHETIX to have approved their participation in the event

December schedule

To give you a more precise view about the future wars of December, we have decided to reveal the schedule. Therefore, we will have the pleasure of organizing the following wars:

  • Synthetix vs Uniswap: 4 days war, from 19th to 23rd December 2020
  • Dracula Protocol vs Surf.Finance: 2 days war, from 21st to 23rd December 2020
  • Ferrum Network vs Duck DAO: 4 days war, from 23rd to 27th December 2020
  • 2key Network vs DeFi of Thrones: 4 days war, from 24th to 28th December 2020
  • ZenFuse vs Orion Protocol: 4 days war, from 27th to 31st December 2020

To stay tuned of the latest news, follow us on:

Twitter: https://twitter.com/DefiOfThrones
Telegram Announcements: https://t.me/dotannouncements
Telegram General Discussion: https://t.me/DeFiOfThronesOfficial
Discord: https://discordapp.com/invite/TZVSnNV
Website: https://defiofthrones.io/
Dapp: https://defiofthrones.io/app/war

Kind regards,
DoTx Team

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