SYNC
Reputation Ratings

SYNC

Syncus Within 1 year
Cryptocurrency
Website https://syncus.fi/
Browser
OTH RELPs
White Paper
SYNC Avg Price
0.00%
1D

$ 0.0002 USD

$ 0.0002 USD

Market Cap

$ 744,973 0.00 USD

$ 744,973 USD

24h trading volume

$ 3,236.21 USD

$ 3,236.21 USD

7d Vol

$ 30,461 USD

$ 30,461 USD

Circulating supply

4.046 billion SYNC

Related information

Issue Time

2023-12-22

Platform pertained to

--

Current price

$0.0002USD

Market Cap

$744,973USD

Volume of Transaction

24h

$3,236.21USD

Circulating supply

4.046bSYNC

Volume of Transaction

7d

$30,461USD

Change

24h

0.00%

Number of Markets

27

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Current Rate0

Available

0.00USD

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SYNC Price Chart

Introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

-9.87%

1Y

-96.97%

All

-96.97%

Syncus is a revolutionary project in the cryptocurrency space, aiming to redefine financial interactions through DeFi. It operates on the zkSync Era chain and focuses on developing a treasury-backed ecosystem that encourages sustainable growth and user participation . Syncus uses a novel financial model inspired by OlympusDAO, focusing on increasing its treasury without traditional bonds, which they see as dilutive. Instead, Syncus introduces protocol taxes on trades, directing these funds to support the treasury and maintain high APY for stakers . The project aims to create a cycle of growing demand and treasury growth, ensuring each SYNC token retains its intrinsic value.

Syncus's mechanisms represent a new era in DeFi, using simple yet detailed mechanisms to reward stakeholders and drive sustainable treasury growth. By staking SYNC tokens, the trading supply gets reduced, increasing demand, and stakers receive rewards for not selling their tokens while earning revenue. This cycle promotes steady treasury growth, rewarding the patience of long-term holders while profiting from short-term traders .

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