Syncus DAO

A new standard of treasury-backed DeFi.

Join the community:

[Syncus DAO @Syncus_Fi]

Our thesis is simple:

Buy, stake, and get rich from price appreciation.

[Syncus DAO @Syncus_Fi]

gm, who’s still here?

[Syncus DAO @Syncus_Fi]

This is the final tweet in this thread. Be wary of accounts impersonating Syncus EVEN WITH A GOLD BADGE!

The official Twitter is @Syncus_Fi

[Syncus DAO @Syncus_Fi]

You guys have seen nothing yet.

The launch of our stablecoin is around the corner and will blow $SYNC up beyond anyone's expectations.

Brace yourself.

[Syncus DAO @Syncus_Fi]

This is the final tweet in this thread. Be wary of accounts impersonating Syncus EVEN WITH A GOLD BADGE!

The official Twitter is @Syncus_Fi

[Syncus DAO @Syncus_Fi]

The failure of Syncus is equivalent to the failure of Bitcoin and crypto itself.

[Derivatives Monke @Derivatives_Ape]

Last cycle had Luna. This cycle has Syncus.

Study the returns from getting into Luna in 2019 until its peak.

[Syncus DAO @Syncus_Fi]

This is the final tweet in this thread. Be wary of accounts impersonating Syncus EVEN WITH A GOLD BADGE!

The official Twitter is @Syncus_Fi

[Syncus DAO @Syncus_Fi]

The Syncus Stablecoin

The system is inspired by @LiquityProtocol.

The core idea is simple: Use $SYNC tokens as collateral to mint our stablecoin.

This reduces the circulating supply of SYNC, boosting its price due to increased demand and decreased supply.

The introduction of our stablecoin serves multiple purposes.

Importantly, it offers a way for SYNC holders to unlock the value of their tokens without selling them.

By minting our stablecoin $syUSD, users can access the worth of their SYNC tokens.

As the value of SYNC appreciates, so does the collateral value in their CDPs (Collateralised Debt Positions), enabling the minting of additional sUSD.

How it works:

Users lock SYNC in a smart contract to form a CDP.

This lets them mint our stablecoin $syUSD pegged to SYNC’s market value.

To safeguard against market volatility, more SYNC is locked than the $syUSD issued, ensuring each stablecoin is over-collateralised.

Adjustments to the collateralisation ratio, based on thorough risk analysis, ensure stability.

If a CDP's $SYNC value falls below a certain threshold, it gets liquidated to repay the stablecoin debt to ensure for a sustainable system.

Utility and liquidity:

We are setting up a @CurveFinance pool for 1:1 swaps with USDT/USDC/DAI pairing, providing instant liquidity and usability.

This means our stablecoin can be easily exchanged, used for transactions, or as a stable trading pair, expanding its utility beyond our ecosystem.

[Syncus DAO @Syncus_Fi]

This is the final tweet in this thread. Be wary of accounts impersonating Syncus EVEN WITH A GOLD BADGE!

The official Twitter is @Syncus_Fi

[Syncus DAO @Syncus_Fi]

IMPORTANT UPDATE:

The distribution supply of Syncus is now fairer than ever. Big holders have mostly exited allowing for price action to continue going up.

As we said in our recent blog, taxes will be adapted to market dynamics to ensure the Syncus token survives.

When prices were high, we raised the taxes to absorb sell pressure.

Now that prices are low and have hit bottom, these changes have gone live:

- Sell tax has been reduced to 2.5%
- Unstaking tax has been reduced to 20%
- A big portion of ETH has been taken out of the Uniswap LP to allow for an easier increase in price.
- $SYNC is now listed on many exchanges with plenty of liquidity.

Let the game begin...

[Bitget @bitget]

📢 $SYNC trading is now LIVE on #BitgetSpot. @Syncus_Fi

🔥 Come and grab a share of 280,000 SYNC!

🚀 Trade now: https://t.co/rdFlRab8zH

Find out more about $SYNC ⤵️

[Syncus DAO @Syncus_Fi]

Trading is now live on Gate.

[Gate Launch @Gate_Launch]

🔔#Gateio New Listing: $SYNC @Syncus_Fi

⏰Trading Starts: 08:00 AM on March 20th (UTC), 2024

📈Trade Here: https://t.co/P6D3KQrhQW

#NewListing #GateioStartup #Launchpad

[Syncus DAO @Syncus_Fi]

Supply APY won't stay this high forever.

Take advantage now while you can.

[Prometheus (🐦,🐦) @XBT_Prometheus]

Lending on the Ethereum main-net is going insane.

The demand for borrowing is so high that we're seeing 4 digit APYs.

It will go down once more is supplied but still pretty cool to think you can get 600%/mo on stables.

@Syncus_Fi

Remilio.

[DigiFinex Global @DigiFinex]

🆕 Spot New Listing $SYNC

📈#DigiFinex will open deposit: Mar. 13th 2024 7:00(UTC) @Syncus_Fi

👉Trade $SYNC on #Digifinex, One Step Faster!

Trading Link: https://t.co/WkrikJuQU4
Listing Info: https://t.co/gI57zgOo9D

[CoinW @CoinWOfficial]

🚨 #CoinW Listing Alert!

$SYNC @Syncus_Fi will be Listed on 13th March 2024, 8:00 UTC.

🔸 Deposit: 13th March 2024, 8:00 UTC
🔸 Trading: 13th March 2024, 8:00 UTC
🔸 Withdraw: 14th March 2024, 8:00 UTC

📚 #Syncus is a DeFi project offering innovative financial products. With a focus on accessibility, it enables users to earn high yields through unique staking and referral programs to drive sustainable growth.

Learn more: https://t.co/tZhA9rMpJN

[Syncus DAO @Syncus_Fi]

This is the final tweet in this thread. Be wary of accounts impersonating Syncus EVEN WITH A GOLD BADGE!

The official Twitter is @Syncus_Fi

[Syncus DAO @Syncus_Fi]

Our lending platform is now live on mainnet Ethereum!

You can farm $SYNC with 25% APY by depositing:

ETH - USDC - WBTC

[Syncus DAO @Syncus_Fi]

The supply APY for the native asset fluctuates due to supply/demand mechanics but the 25% APY on $SYNC remains steady.

Start borrowing/lending:

https://t.co/gwpkAKWF79

[XT Exchange 🚀 @XTexchange]

🚀 New listing 🚀#XT #cryptolisting @Syncus_Fi

https://t.co/S7YnbDg2rd will list #SYNC (Syncus) in the Innovation Zone (DeFi) under the USDT trading pair.

✅ Deposit: Opened
✅ Trading: 10:00 on March 11, 2024 (UTC)
✅ Withdrawal: 10:00 on March 12, 2024 (UTC)

Details ⤵️
https://t.co/Hajr8R8xA0

[Poloniex Exchange @Poloniex]

🚀 Poloniex New Listing $SYNC @Syncus_Fi

✅ Deposit open on Mar 12th, 12:00 (UTC)

✅ Full trading enable on Mar 12th, 13:00 (UTC)

Details: https://t.co/3z27wA6d7e

[Syncus DAO @Syncus_Fi]

Join us for a Twitter Space discussion hosted for our Chinese community members by Moonlight in 2 hours today!

12:00 UTC.