SEXP is a decentralized exchange for synthetic assets on Tezos, inspired by Synthetix. It lets users trade without slippage and with low fees. Our oracles make sure that you always get the best price.
Besides trading, you can stake SEXP, and mint sUSD, which is used for trading within the platform. To make sure the system stays solvent, minting sUSD requires over-collateralization with SEXP tokens. sUSD can also be staked in AMM stable pairs. In case of volatility, stakers can be liquidated, unless they fix their collateralization ratio.
The platform also features bonds -- a liquidity incentive that acquires liquidity permanently, in exchange for discounted tokens.
Our keeper bots automate most of the experience, so that users don't have to manually claim fees and rewards.