🤝Synonym Introduction

Synonym is a truly cross-chain money market built on the Wormhole xChain technology stack. By power users, for power users, Synonym enables true cross-chain collateralization and flexibility that current lending incumbents don’t offer. Synonym was born from a unique DAO merger with New Order DAO, giving Synonym a network, community and resource advantage from day one. After launching the first version of Synonym, we plan to diversify into products that leverage the unique capabilities of partners like Redacted and Y2K Finance. Long-term, Synonym is focused on becoming the premier venue for cross-chain lending and borrowing on major L2 rollups, app-chains and L3s.