THORChain Native Synthetic assets with instant settlement, low gas and no risk of Impermanent Loss — Starting today, THORChads can finally Mint, Redeem, and Swap Synthetic Assets (“Synths”) on THORSwap! What are Synthetic Assets (“THORSynths”)? Synthetic Assets (“Synths”) are a collateralized representation of an asset on THORChain. These derivatives of cryptocurrencies such as Bitcoin, Ethereum, etc will always have the same value as the original asset.