Syncus SYNC

1. Summary

Ranks

Liquidity

52

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.000100580000 +1.2%

Market Cap

$433,119.00 (#4717)

Supply

/

Tags

DeFi Lending/Borrowing Ethereum Ecosystem ZkSync Ecosystem

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Price
52W High price	$0.08
52W High date	10th Mar 2024 (11 months ago)
All Time High (ATH) Date	20th Feb 2025 (2 days ago)
All Time Low (ATL) Date	20th Feb 2025 (2 days ago)

Supply & Trading Volume
Trading Volume (24h)	$477.00

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Description

About Syncus

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About Syncus

Syncus is a reserve-backed DeFi protocol and DAO, symbolized by the token SYNC. The project incorporates a unique approach to measuring success, focusing on the benefits provided to stakeholders rather than solely on token value. This strategy ensures consistent returns and profits aligned with token volume and protocol participation, providing a safety net for stakeholders even during price volatility.

Key Features

• Syncus emphasizes sustainability by rewarding stakeholders and promoting treasury growth through innovative self-marketing mechanics.
• The project learns from the past, including the experience of OlympusDAO, to develop a more stable and sustainable future for decentralized finance.
• Syncus aims to redefine success metrics in DeFi, focusing on long-term ecosystem growth and the creation of a real auto-yield generating stablecoin.

Approach

• Syncus achieves high APY through treasury growth, avoiding dilutive bonding activities and instead using protocol taxes to fund the treasury.
• The token's value is captured by taxing actions like buying and selling, resulting in a flywheel effect of high yield, demand, volume, treasury growth, and continued yield.
• This approach ensures the treasury grows sustainably, providing real worth to each token.

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