Synonym

Synonym is a universal inter-network lending layer for DeFi.
Thanks to Wormhole technology, users will be able to earn profit, borrow, repay and withdraw funds from any chain, all through a single unified interface.

We are building Synonym based on the powerful Wormhole xChain technology stack.
The xChain stack provides seamless inter-network transactions through scalable and secure generalized messaging technologies.
Wormhole is supported by the Wormhole Foundation, which aims to actively develop the Wormhole ecosystem and support integration across dozens of chains.
The Wormhole ecosystem is rapidly developing and gaining significant popularity due to a wide range of new protocols.

The project is currently running on Ethereum, Arbitrum and Optimism, with Arbitrum serving as the home for Synonym Hub.
The Synonym team consists of people with extensive experience in creating and scaling on Arbitrum.

The project has passed the stage of merging with New Order DAO with the support of the community by more than 99%.
This merger gives Synonym a huge early advantage in terms of partnerships

Updated on: 17/01/2024