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| 1. | | parent_author | "" |
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| parent_permlink | hive-167922 |
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| author | kevinnag58 |
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| permlink | synthetics-uncomplicated |
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| title | "SYNTHETICS Uncomplicated" |
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| body | "
According to the Synthetix.io Homepage: "Synthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets." Merely a bunch of words that tell me, the average and very ordinary investor, nothing. So, I turn to the Publish0x.com informational blurb for clarity. Quoting directly from the text at https://www.publish0x.com/tag/synthetix-network-token: "The Synthetix protocol is one of the latest protocols in the decentralized finance(DeFi) ecosystem and offers DeFi users a multi-tier issuance platform, collateral type, and decentralized exchange. The protocol permits users to mint synthetic assets such as cryptocurrencies, fiat currencies, or derivatives and they can be swapped in a decentralized manner through the Synthetix Exchange platform." Damn, now I'm really confused.
So, when I'm confused or don't understand the basics of something, I am relentless in my quest to gain understanding. Therefore, some research on my part is warranted and accordingly I share the results in this article. Please understand, this is not intended to be a Graduate course review of Synthetix, but a hopefully simplistic view of the basics surrounding this investment vehicle for the average investor out there.
What is Synthetics (101 Version)? It is an Ethereum based software providing a protocol for issuing synthetic assets. Synthetic assets are akin to derivative contracts in traditional finance. Once issued, these synthetic assets are in fact ERC-20 smart contracts (named appropriately 'Synths') which follow and provide the returns of some other asset absent the ownership of the underlying asset. The Synths that are issued use discovery protocols whose purpose is to track the price of the asset the Synth represents. Therefore, Synths may be held or traded as if the underlying asset was actually owned. Examples of assets that can be 'Synthed' include but are not limited to cryptocurrencies such as Bitcoin, Physical Gold and Silver, US Dollars and Euros, and even a mixed batch of DeFi assets. The native token to the network, SNX, is utilized as collateral for the 'Synths' created in the system.
So, what do you gain by staking SNX? When you stake the SNX token not only are you minting sUSD, you are also obtaining debt in an amount equal to the number of sUSD that have to be burned when you choose to unstake your SNX. (It should be noted here that this debt involves additional risk, as with the continuing issuance of 'Synths", the debt pool in the system is constantly changing. Therefore, when you choose to unstake, you may be required to burn more sUSD than were issued when the original staking took place) Once staked, you are eligible to receive both staking rewards in the form of SNX tokens as well as exchange rewards in the form of sUSD (which are based on the amount of debt the staker has issued). All rewards are based on Synthetix's collateralization ratio of 600% which provides insurance that the issued 'Synths" are backed by adequate collateral. Debt distribution within the system is beyond the scope of this article (but may prove to be an interesting topic in the future), but suffice it to say this mode of distribution insures liquidity within the system as well as reduces slippage.
In my opinion, this is not an investment for the new investor. The process requires knowledge developed over time and varied experiences in investing. But if you are researching Cryptocurrencies and land upon Synthetix I hope this article provides a simplified basic explanation of SNX, what it is and how it works.
I am merely an ordinary small investor who likes to share what I've learned through research into the Crypto World. I am not in any way a financial advisor and as such, do your own research before investing. If you enjoyed this article please like it, comment and/or tip. Feedback is always welcome here.
[Source](https://media-exp1.licdn.com/dms/image/C561BAQHEgPnJ8hXwdA/company-background_10000/0/1598600449317?e=2159024400&v=beta&t=JM8yc27ueAz2TXIqJd_d2oAICL9cThDsyXJB7XCM0Z4)
[Source](https://mk0coinbureauisacqs2.kinstacdn.com/wp-content/uploads/2020/02/SynthetixCover.jpg)
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@kevinnag58/synthetics-uncomplicated)" |
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| permlink | esp-eng-importancia-del-lavado-de-los-vegetales-importance-of-washing-vegetables |
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| title | "[ESP-ENG]- Importancia del lavado de los vegetales - Importance of washing vegetables." |
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| body | "<div class="text-justify">
<div class="pull-left">
### <center> Spanish </center>
Holaa abejitas hoy les quiero contar un poco sobre el aseo y el lavado de los distintos vegetales que compramos para cocinar. He decidido hablarles sobre esto debido a que el dia de hoy, cuando iba a hacer el almuerzo me provoco hacer una ensalada de lechuga con tomate y zanahoria.
Pues cuando los vegetales son cultivados, a ellos se pueden adherir parasitos, bacterias y toxinas como la de los quimicos utilizados para la fumigacion contra diversas plagas que pueden dañar las cosechas.
A parte de eso se le adhieren una serie de tierra, que contiene diversos fertilizantes y bactericidas que pueden ser nocivos para la salud. Por ello debemos evitar consumir vegetales sin la higiene correcta.
Cada uno somos responsables de la comida que consumimos, solo debemos aprender a sanearlas. El dia de hoy en la lechuga que iba a utilizar encontre varios gusanos de distintas especies, los cuales se encargan de dañar y comer la lechuga.
Pueden que dañen la lechuga y si los llegamos a ingerir puede ser desagradable, no crearan un daño grande en el organismo, pero si es de conciencia y necesidad limpiar y lavar hoja por hoja de la lechuga, sumergirlas en agua y lavarlas con abundante vinagre para asi evitar que queden bacterias o parasitos adheridos a las hojas de la lechuga.
Es muy importante, prestarles vital atencion a los alimentos que llegamos a consumir y protegernos de ingerir alguna bacterio o microorganismo causante de diversas patologias, una de las mas comunes es la Escherichia Coli, causante de dolores abdominales, evacuaciones con presencia de sangre y pueden llegar a destruir las paredes del intestino y pasar a distintos organos y asi comprometer de gran manera la vida.
</div>
<div class="pull-right">
### <center> English </center>
Hello, little bees, today I want to tell you a little about cleaning and washing the different vegetables that we buy for cooking. I have decided to talk to you about this because today, when I was going to make lunch, he provoked me to make a lettuce salad with tomato and carrot.
Well, when vegetables are grown, parasites, bacteria and toxins can adhere to them, such as chemicals used for spraying against various pests that can damage crops.
Apart from that, a series of soil adheres to it, which contains various fertilizers and bactericides that can be harmful to health. Therefore we must avoid consuming vegetables without proper hygiene.
We are each responsible for the food we eat, we just have to learn to sanitize them. Today in the lettuce that I was going to use I found several worms of different species, which are responsible for damaging and eating the lettuce.
They can damage the lettuce and if we eat them it can be unpleasant, they will not create great damage to the body, but if it is conscientious and necessary to clean and wash the lettuce leaf by leaf, immerse them in water and wash them with plenty of vinegar to thus avoid that bacteria or parasites remain attached to the lettuce leaves.
It is very important to pay vital attention to the food that we eat and protect ourselves from ingesting any bacterium or microorganism that causes various pathologies, one of the most common is Escherichia Coli, which causes abdominal pain, stools with the presence of blood and can reach to destroy the walls of the intestine and pass to different organs and thus greatly compromise life.
</div>
---
---
<center>
*Todas las fotografías me pertenecen y fueron tomadas con Redmi Note 9s
Texto en Inglés traducido en Google Traductor.
All photographs belong to me and were taken with Redmi Note 9s
Text language English translated in Google Translator.*
</center>
<center>
***Gracias mis amores por llegar hasta aqui y leer mi post. Saludos*** ❤️
</center>" |
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