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Synthetix enables the creation of synthetic assets pegged to any cryptocurrency, real-world asset, index, and more. sAUD is a synthetic asset issued by the Synthetix protocol that is anchored to the price of the FTSE 100 Index, tracking its corresponding real FTSE100 index price through oracles.
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However, it appears there might be a discrepancy with the "sAUD" symbol, which conventionally represents a synthetic asset pegged to the Saudi Riyal within the Synthetix ecosystem. Should the intention have been to denote an asset tethered to the FTSE 100 Index, a more fitting symbol like "sFTSE100" could be utilized. If "sAUD" accurately corresponds to this scenario, kindly overlook this observation.
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