DeFi Vaults are a core piece of SyncDAO architecture.
You can find out more about the value of Vaults and how we are developing SyncDAO Perpetual Vaults at https://t.co/akdM6FFXB8
We're building @SyncDAO to survive and thrive in volatile markets. SyncDAO Governance Token Holders are able to vote in and select new vault strategies to maximise sustainable long term returns.
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Perpetual Vaults are a smart contract that combines some or all of the above strategies (and sometimes more!) into a profit-generating vehicle for you. Deposit into the vault, stake your funds and the vault will get to work behind the scenes optimizing your returns.
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DID YOU KNOW? In DeFi, you become the bank and simply use the platform as the vault to access assets online.
In DeFi, you can be a "Liquidity Provider" and pool your assets with others on a platform so that other users can borrow and lend their crypto in the market.
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You help provide funds that support the flow of crypto assets in the DeFi marketplace. No bank offices or tellers to pay for, so the transaction fees go to you. And SyncDAO's Perpetual Vaults are like putting this all together, on autopilot!
Traditional finance causes more widespread confusion than decentralized finance…
#DeFi & #Bitcoin have helped more people learn more about how the financial system actually works faster than any other time in history.
Hard to deny now that there is a coordinated assault on Bitcoin. But freedom will push back, at national and state level.
“The agencies’ backroom war…is unlawful and unconstitutional…Congress should perform its duty and rein in these regulatory abuses.”
https://t.co/zjko7aKWQK
Now this is interesting! State-chartered banks could operate without Fed approval.
You'd have to get into the guts of clearing and settlement, but perhaps states like Florida and Texas could keep the rails open even if the Fed wasn't very happy about it.
Today it's red vs blue.
Tomorrow it'll be orange vs green.
Bitcoin maximalists vs dollar nationalists.
The decentralized network vs the centralized state.
The U.S. needs to update its financial system. The code is 40 years old and the laws are 100 years old.
Cryptocurrency is not a financial service. It's a technology that can be used to update financial services.
Let's update the system.