Synthetix Network Token, an ERC-20 based cryptocurrency on the Ethereum blockchain network, enables users to interact on the ERC-20 blockchain network among currencies, stocks, precious metals, and other assets using their cryptocurrency assets.
Initially launched as a stable cryptocurrency named Havven by Kain Warwick, Synthetix Network Token (SNX) was rebranded and launched in December 2019. Entering the market with a value of 180 Million Synthetix Network Tokens (SNX), it became one of the largest DeFi projects.
In the Synthetix Network Token (SNX) system, there exists a synthetic version, or “Synths,” for assets that are traded in the real world, such as stocks, precious metals, national currencies, and other assets. This system enables the virtual trading of these real-world assets at the same prices.

Synthetix Network Token (SNX) is a DeFi project aimed at adapting traditional financial systems to today's technology without centralized management. The most significant instruments of the traditional financial world include stocks, national currencies, precious metals, and precious stones. Typically, transactions with these instruments require going through a centrally organized institution.
Synthetix Network Token (SNX) comes into play by allowing the trading of these traditional financial instruments as synthetic assets, or “Synths,” based on their real values, using cryptocurrency assets.
All these transactions are performed over the ERC-20 network using blockchain technology, thus eliminating central intervention and securing the assets.

Mining Synthetix Network Token (SNX) does not require special hardware but is done through the Stake method using your SNX assets.
Staking mining involves holding a certain cryptocurrency balance in a wallet without spending or transferring it. You earn rewards at certain intervals, proportional to the amount you hold in your wallet.
Similarly, in the Synthetix Network Token (SNX) system, you hold a certain amount of SNX balance as collateral. You earn rewards based on this collateral.
A unique aspect of SNX staking mining is that you can trade investment tools referred to as “Synths” with the SNX balance you have set aside as collateral.

Contrary to what might be thought, buying Synthetix Network Token with Turkish Lira in Turkey is a very easy and fast process. You can buy Synthetix Network Token without needing any technical knowledge or official documents.