Synova

Synova locks liquidity with high-conviction assets, anchoring value through time.

Built on Algorand · ASA 3032713424

[Synova @SynovaAsset]

https://t.co/XE9jXOkVTP

[Synova @SynovaAsset]

"The daemon has remained active since May 30 with no recorded live failures; the scheduler’s negative jitter occasionally makes a second attempt within the same UTC hour, the duplicate guard correctly blocks it, and reporting then incorrectly counts that harmless blocked attempt against “uptime.”"

In summary, the Burn Bot's actual uptime is 100% and will be fixed by next Saturdays report.

[Synova @SynovaAsset]

Synova Burn Bot — Weekly Report — June 6, 2026

NOVA burned this week: 995.23M
NOVA burned lifetime: 1.05B

USDC deployed this week: $39.25
USDC deployed lifetime: $41.75
Effective rate: ~25.20M NOVA per $1

Burns this week: 157 (93.3% uptime)
Cadence: every 60 min (±10 min jitter)
Day 7 of continuous operation
Last burn: 43 minutes ago

Verify on chain:
https://t.co/775pseMrKD

[Synova @SynovaAsset]

$NOVA Burn Bot — Weekly Report — May 30, 2026

NOVA burned this week: 62.56M
NOVA burned lifetime: 62.56M

USDC deployed this week: $2.75
USDC deployed lifetime: $2.75
Effective rate: ~22.75M NOVA per $1

Burns this week: 11 (100.0% uptime)
Cadence: every 60 min (±10 min jitter)
10h of operation
Last burn: 14 minutes ago

Verify on chain:
https://t.co/775pseMrKD

[Synova @SynovaAsset]

Source: https://t.co/SXySMGOwPF

[Synova @SynovaAsset]

$NOVA Fees - Past 24 HR - June 5, 2026

[Synova @SynovaAsset]

$NOVA Fees - Past 24 HR - May 29, 2026

[Synova @SynovaAsset]

Source: https://t.co/Bm1MavlXmB

[Synova @SynovaAsset]

$NOVA Weight % - June 4, 2026

1. algorand:native: 33.25%

2. $FOLKS: 5.64%

3. $GOLD: 4.66%

[Synova @SynovaAsset]

$NOVA Weight % - May 28, 2026

1. algorand:native: 33.21%

2. $FOLKS: 5.65%

3. $USDC: 4.80%

4. $TALGO: 4.62%

5. solana:3NZ9JMVBmGAqocybic2c7LQCJScmgsAZ6vQqTDzcqmJh: 4.61%

[Synova @SynovaAsset]

Action: Purchased ~$70 $NOVA and added ~$135 to the $ORA / $NOVA Tinyman Liquidity Pool

Purpose: Expand Synova's exposure to Algorand-exclusive assets while continuing Phase 2 TVL growth.

Purchase Tx: https://t.co/r09uKZOLyu

Liquidity Add Tx: https://t.co/7UAoSPvrXb

[Synova @SynovaAsset]

$NOVA Transparency Log

All NOVA-related on-chain actions will be logged here.

This includes purchases, liquidity management, and vault-related actions — each with a transaction link and stated purpose.

[Synova @SynovaAsset]

The first $ORA / $NOVA liquidity pair is now in development — Synova's first Algorand-exclusive expansion beyond the core vaults.

The objective is straightforward: build long-term liquidity relationships across the Algorand ecosystem while maintaining the vault-first philosophy that has guided the project since launch.

This is additive.

Phase 2 TVL expansion remains the primary focus and stays on schedule.

One vault at a time.

[Synova @SynovaAsset]

Source: https://t.co/SXySMGOwPF

[Synova @SynovaAsset]

$NOVA 7 Day APY% - June 3, 2026

1. $USDC: 8.93%

2. $FOLKS: 7.00% (Up to 13.60% via Tinyman Farming Rewards)

3. $SILVER: 5.27%

4. $GOLD: 5.05%

5. algorand:native: 5.02%

[Synova @SynovaAsset]

$NOVA 7 Day APY% - May 27, 2026

1. $USDC: 4.28% (Up to 27.75% via Tinyman Farming Rewards)

2. $FOLKS: 3.5%

3. $ALPHA: 2.79%

4. avalanche-2:native (WAVAX): 2.37%

5. algorand:native: 2.08%

[Synova @SynovaAsset]

Source: https://t.co/Bm1MavlXmB

[Synova @SynovaAsset]

$NOVA TVL Tuesday - June 2, 2026

7 Day Change: +0.38%

30 Day Change: -8.85%

120 Day Change: +56.82%

[Synova @SynovaAsset]

$NOVA TVL Tuesday - May 26, 2026

7 Day Change: -5.15%

30 Day Change: -6.42%

120 Day Change: +65.68%

[Synova @SynovaAsset]

Sources:
https://t.co/Bm1MavlXmB
https://t.co/jvCpTwcXru

[Synova @SynovaAsset]

$NOVA Metrics Monday - June 1, 2026

TVL: $45,229

Market Cap: $40,332

7 Day Volume: $11,593

7 Day Swaps: 6,092

Holders: 353

All Time Transactions: 238,814

Burned: 4.29%

[Synova @SynovaAsset]

$NOVA Metrics Monday - May 25, 2026

TVL: $44,193

Market Cap: $39,545

7 Day Volume: $6,583

7 Day Swaps: 3,200

Holders: 349

All Time Transactions: 232,399

Burned: 4.26%

[Synova @SynovaAsset]

Today marks 1 year since Synova ($NOVA) went live.

Over the past year:

• Liquidity has been locked across 17, $1,000+ vaults
• Weekly metrics have been published consistently
• Transparency logs have documented major actions
• Over ~50% of the supply has been vaulted
• https://t.co/5retNRmDg1 has been continuously updated

Today also marks the beginning of the Synova Burn Program.

While originally planned for June 1, the burn system was activated on May 30, 2026.

The burn system is now active and will continuously purchase and permanently remove $NOVA from circulation, with the burn rate planned to increase over time.

The current phase of the project is expanding all core pairs to $3,000+ TVL and vaulting the resulting liquidity for another four years.

[Synova @SynovaAsset]

@AaronAsher11 Yes, we've announced our plans moving forward here - https://t.co/bfzZ8TaFRi

[Synova @SynovaAsset]

Wormhole is sunsetting the legacy Portal bridge interface on June 30.

Five Wormhole-wrapped ASAs paired in Synova vaults are affected: wBTC, wETH, wLINK, wSOL, wAVAX.

All vaulted LP positions in these pairs stay locked and untouched through their original unlock dates.

1/4

[Synova @SynovaAsset]

Phase 2 Progress:

$WETH / $NOVA (~$1,163) TVL

Goal: ~$2,000 TVL

Estimated Completion: June 2026

[Synova @SynovaAsset]

Phase 2 Progress:

$WBTC / $NOVA (~$1,293) TVL

Goal: ~$2,000 TVL

Estimated Completion: June 2026

[Synova @SynovaAsset]

$NOVA Burn Bot — Weekly Report — May 30, 2026

NOVA burned this week: 62.56M
NOVA burned lifetime: 62.56M

USDC deployed this week: $2.75
USDC deployed lifetime: $2.75
Effective rate: ~22.75M NOVA per $1

Burns this week: 11 (100.0% uptime)
Cadence: every 60 min (±10 min jitter)
10h of operation
Last burn: 14 minutes ago

Verify on chain:
https://t.co/775pseMrKD

[Synova @SynovaAsset]

The Nova Burn Bot (Novaburn.Algo) begins June 1, 2026.

It will purchase and burn approximately $0.25 of $NOVA every hour, averaging roughly $5.00 per day burned. ~$1,825 per year.

The burn rate will permanently increase every year, with the next increase beginning June 1, 2027.

A weekly update will be posted every Saturday providing a snapshot of the bot’s progress.

This will gradually reduce the supply of $NOVA over time, benefiting long-term holders.

[Synova @SynovaAsset]

Action: Started $NOVA Burn Bot.

Purpose: Implement a long-term deflationary mechanism and gradual supply reduction.

Wallet: Novaburn.Algo (https://t.co/8RJbBJNMh7)

[Synova @SynovaAsset]

$NOVA Fees - Past 24 HR - May 29, 2026

[Synova @SynovaAsset]

$NOVA Fees - Past 24 HR - May 22, 2026