SYNC Syncus
Syncus Info
Syncus (SYNC) is a reserve-backed DeFi protocol and DAO, operating on the Ethereum blockchain. The token is traded on several exchanges, including Poloniex, MXC, BitMart, and LBank. SYNC is used for governance and rewards within the Syncus ecosystem, and can be purchased on Ethereum through Uniswap or on zkSync through Syncswap. The token’s price is currently around $0.023, with a market cap of approximately $99,236,406.
SYNC can be purchased on Ethereum using Uniswap, or on zkSync using Syncswap.
Staking and Liquidity Provision
SYNC can be staked on Ethereum through the Syncus DAO Staking page, or on zkSync through the Syncus Bank at [bank.syncus.fi/. Staking SYNC on Ethereum earns staking rewards, while staking SYNC on zkSync earns liquidity provider (LP) rewards.
Liquidity Market
Syncus DAO provides a liquidity market on the zkSync Era chain, allowing SYNC holders to get liquidity out of their SYNC and liquidity providers to earn SYNC rewards[2]. To get funds on zkSync Era, it is recommended to use one of the bridges, such as Bungee.exchange or the zkSync portal[2]. Trading SYNC on zkSync Era happens through the SYNC/ETH SyncSwap pool[2].
In summary, Syncus (SYNC) is a reserve-backed DeFi protocol and DAO operating on the Ethereum blockchain, with a liquidity market on the zkSync Era chain. SYNC can be purchased on Ethereum through Uniswap or on zkSync through Syncswap, and can be staked on Ethereum or zkSync to earn rewards. The liquidity market allows SYNC holders to get liquidity out of their SYNC and liquidity providers to earn SYNC rewards.
All images, branding and wording is copyright of Syncus. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.