---
description: >-
  Welcome to Synthetic Exchange - web 3.0 distributed DeFi token trading dapp
  leveraging both Qtum blockchain and QRC20 smart contracts to power  Synthetic
  Chain blockchain protocol.
---

# legal & compliance

## SYNTHETIC EXCHANGE

## legal&#x20;

<mark style="color:green;">Cryp</mark><mark style="color:orange;">to</mark><mark style="color:red;">ken</mark> <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> DAO controls Synthetic Chain (“Service”), a decentralized crypto application ("Dapp / System"), which collectively along with its elements ("Content") permits a generation of <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Tokens on our website & the application. <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token ("Utility") represent the smart contracts operating native on the Synthetic Chain network.

## distributed financial analysis

Synthetic Exchange provides a set of proprietary data & daily packages on cryptocurrencies  "engine" supplying <mark style="color:green;">cryp</mark><mark style="color:orange;">to</mark><mark style="color:red;">ken</mark> dashboard with 'cryptocurrency financial statistics' known collectively as "Distributed Financial Analysis" ("DFA").&#x20;

## price oracles&#x20;

Synthetic Exchange supplies the protocol and QRC20 smart chain with timely reference rates - and price oracles that are collectively known on our web as collateral (“Content”). We do not guarantee accuracy of the price oracles, nor performance of the Synthetic Exchange modules.

## <mark style="color:blue;">Qtum</mark> virtual machine

Synthetic Exchange is a decentralized, non-custodial 'smart chain' trading blockchain protocol, using QRC20 token standard executed over layer 1 [Qtum ](https://www.qtum.org)blockchain, providing our users with bespoke <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token smart contracts that are comprehensively integrated with <mark style="color:blue;">Qtum</mark> Virtual Machine ("QVM") in real time. <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token is a crypto series derivatives network programmed as QRC20 standard with bespoke input variables executed over the [$Qtum](https://twitter.com/search?q=%24Qtum\&src=cashtag_click) blockchain and designed for market making of digital assets and synthetic cryptocurrency trades.

![Crypto Art rendered by designer @k\_varhatiuk](https://2926437085-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-M_GhEU2P0HPmvMtCGWX%2F-Md6me9MSxsrZ7HSRlyZ%2F-MbqsSzEJ2vpaVPtBlwW%2FQtum%202.PNG?alt=media\&token=440bc543-a751-4d0b-a251-5e879de6ecc4)

## <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token

<mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token are proprietary QRC20-standard blockchain 'Service" **smart contracts**, supporting both _user_ type & blockchain _robo_ type variables, constantly streaming live **price oracles** from [Coin ](https://www.coingecko.com)Gecko. We enable users to “synthetically” claim, trade and exercise $<mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> tokens via QVM & make claims on the future price movements of the QRC20 series cryptocurrency contracts via and our blockchain settlement system <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Vault™️ ("Service").'&#x20;

![Crypto Art rendered by designer @k\_varhatiuk](https://2926437085-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-M_GhEU2P0HPmvMtCGWX%2F-Md6lc-vZtujVYHvQYsP%2F-MbqsFRm_xwQRMsGDXdQ%2FCrt%202.PNG?alt=media\&token=f3d9921e-f75a-4ba6-909d-7ec80d7147f6)

Each <mark style="color:green;">Cryp</mark><mark style="color:orange;">to</mark><mark style="color:red;">ken</mark> Board QRC20 smart contract is specifically designed 'blockchain contract series', making claims on synthetic representation of cryptocurrency coin / token holding as derivatives, in real-time updating its value by hashing contract variables on <mark style="color:blue;">Qtum</mark> Blockchain and distributed by $<mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> block propagation code.&#x20;

## Trading QRC20 Smart Contracts

Cryptoken Board "Service' enables users to make **precise wagers** on the future direction of unit-value price movement for each cryptocurrency supported under our coverage ("Investable Market").&#x20;

We have designed a protocol that goes beyond conventional Call and Put Options and Futures / Forward Contracts. Our <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token contract logic supports a far more customizable contracts with **2** bespoke user variables i.e. future price ("Outcome") and duration ("Length of the time"), **1** constant price oracle, and **1** fully integrated robo settlement system in <mark style="color:blue;">Qtum</mark> .&#x20;
