Introducing the Sync Points Program
10 million points will be distributed every week, rewarding users trading and holding SGLD
4 weeks. 12th Oct - 9 Nov
More details in thread
Introducing the Sync Points Program
10 million points will be distributed every week, rewarding users trading and holding SGLD
4 weeks. 12th Oct - 9 Nov
More details in thread
Introducing the Sync Points Program
10 million points will be distributed every week, rewarding users trading and holding SGLD
4 weeks. 12th Oct - 9 Nov
More details in thread
The program is built to track and reward real users contributing to the Syncrate ecosystem.
Wash minting, rapid mint-redeem loops, and other attempts to manipulate distributions will result in points being adjusted or removed without any notification from our team
owning physical gold has always mean you have to worry about high transaction costs, security and storage risks, liquidity delays, and ongoing insurance fees
we built $SGLD to solve these.
direct exposure to LMBA-certified physical gold bars custodied in secure vaults and audited independently by Bureau Veritas
try it out today: https://t.co/gKjEqFSQLq
@Ares_Olympusx@bigjoshh__ The underlying gold bar backing SGLD can be redeemed for physical bars at anytime with a minimum redemption amount of 160.75 SGLD (~5kg of gold)
More information on this at https://t.co/U2etpICujP
gold just sits there, you hold it, you feel safe, and you earn nothing.
sell it, and you are out of the one asset people run to when everything else shakes.
@syncratefinance does not make you pick.
SGLD is real gold onchain, one token, one troy ounce of LBMA gold in a UAE vault.
no yield baked in, the metal behind it is not lent out. you hold gold, nothing else.
want it to work?
move it into Syncrate Prime. that gold backs the same short-term bullion loans banks have relied on for decades except now,
you capture the spread.
you’re taking on that risk intentionally, not because it was buried in the fine print.
We believe transparency should be the foundation of every tokenized asset
Read more on how the underlying reserves and rules governing $SGLD issuance is independently verified and audited.
Syncrate Prime went live last week and the numbers have been up only:
- $500k in TVL in Tranche 1
- 100+ beta access requests
We are making gold composable, programmable and yield bearing while preserving the safety of the asset
Request access: https://t.co/PezmliNzkb
Introducing Syncrate Prime
Earn gold-denominated yield generated from the same gold financing markets historically used by bullion banks.
Beta link in next post