Synthchain Assets: COE, MNY, and FUTR/X
A short summary of some of the major assets on the Synthchain:
COE is the S&P 500 of crypto. It is an index token that is mined with MNY and has a variable cost of production based off the current total marketcap of CMC divided by 1 billion and multiplied by MNY.
MNY is a proof of value token that is mined with FUTR/X and has a variable cost of production based off the historical price of bitcoin up to June 2018.
FUTR/X are proof of value tokens that are mined with ETH and have a steadily rising cost of production using a regressive fibonacci mining algorithm.