Rank: 1449
225 Watchlists
DeFi
SYNC Price
Contracts/Explorers:
Ethereum
Funds and Backers
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Wallets
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Syncus is a treasury-backed DeFi protocol.
Syncus is a novel DeFi protocol that aims to overcome the limitations seen in previous systems like OlympusDAO by introducing a sustainable treasury and token dynamics model. It addresses the pitfalls of high yield promises and dilutive practices by innovating on the treasury-token relationship. Syncus proposes a system that grows its treasury through protocol taxes on transactions, ensuring a stable and real yield for stakers. Syncus uses taxation to fund its treasury, thus avoiding the dilutive effects of bonds. This approach aims to create a self-sustaining flywheel effect of treasury growth and yield generation, focusing on long-term success metrics beyond mere token value, aiming for a stable and prosperous ecosystem within the zkSync network.
Syncus's current price is $ 0.00107, it has increased +0.11% over the past 24 hours.
Syncus's All Time High (ATH) of $ 0.0807 was reached on 10 Mar 2024, and is currently -98.7% down.
The current circulating supply of Syncus is 4.27 Billions tokens, and the maximum supply of Syncus is 4.27 Billions.
Syncus’s 24 hour trading volume is $ 73.66 Thousands.
Syncus's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 4.58 Million.
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