The $SYND monetary policy is designed to rebalance the token price to equilibrium, as determined by a range of 5% above and below the equally weighted market cap volatility index, a proprietary
cryptocurrency index developed as a key indicator of general
crypto-asset performance.
The 10 crypto assets that are the components of the SynDEX Index are also paired with $SYND in our staking pools to generate the highest APY in #DeFi ranging from 4000 to 8000%. As of 04:00 AM UTC, our TVL is approximately $4,800,000 USD.
$SYND is currently the biggest rebase token on @BinanceChain with a fully diluted market capitalization of $11,301,049 USD. @dittomoney_ trails second at $1,882,029 USD. https://t.co/ciFCud8552
$SYND is coupled with the SynDEX Index to be utilized as an indicator of volatility by systematically tracking the market performance of the crypto market. Read more here: https://t.co/yZRUVj2XcV
💰We're proud to announce our tutorials for both staking and swapping 💰
You can find the guides in the following links:
Staking: https://t.co/ek1bOsLxq2
Swapping: https://t.co/jvAHwo8kJs
Rebase update 6/6/2021: We have triggered our first rebase to assess its functionality and supply adjustments were reflected successfully across all $SYND balances. Starting 6/7/2021, the daily rebase will be triggered automatically between 03:00-03:30 am UTC.
Introducing SynDEX Protocol, the world's first equally weighted market cap crypto volatility index with an elastic supply. Trading & Staking Live on @PancakeSwap. Tutorial coming soon. More about the protocol here: https://t.co/c5QRIrZEAb
A proprietary algorithm for rebalancing and neutralizing market capitalization bias, with an innovative elastic supply for achieving price to supply equilibrium, it represents the collective interests of not only its network participants, but also the broader DeFi ecosystem.
The SynDEX protocol is a decentralized, autonomous, and self governing currency. By design, SynDEX maintains relevance to its users by determining token supply based on a reference level that expresses overall market sentiment and collective user
behaviour...
Syndex Protocol is a synthetic equally weighted market
capitalization crypto volatility index with an elastic supply. Read our whitepaper on: https://t.co/xY4t1s6d0j
We have officially just launched onto Pancakeswap(Up 170%) and our staking pools go LIVE in 3 hours!!! $1million in liquidity locked for 6 months. #SYND#SYNDEX Check out our whitepaper at https://t.co/JaisONzoRY and join us on telegram https://t.co/mLQTxxaEac~~~