SYNO

SYNO is in the process of shutting down. Please withdraw your funds as soon as possible.

[SYNO @synofinance]

As of today, we’ve made the difficult decision to wind down SYNO.

- Protocol will be in maintenance mode
- All deposits can be withdrawn
- All borrows can be closed without issue

Please withdraw your funds at your earliest convenience.

[SYNO @synofinance]

SYNO will be adjusting collateral ratios over the next 4 weeks to ensure a smooth wind down of the protocol.

Please close your borrow positions as soon as possible. Additional details are available in our Discord server.

[SYNO @synofinance]

Interest rates and collateral parameters will be adjusted to encourage an orderly wind down.

Additional details are available in our Discord server. We appreciate your support and thank you for building with us.

[SYNO @synofinance]

As of today, we’ve made the difficult decision to wind down SYNO.

- Protocol will be in maintenance mode
- All deposits can be withdrawn
- All borrows can be closed without issue

Please withdraw your funds at your earliest convenience.

[SYNO @synofinance]

Need some inspiration?

- Borrow against mainnet wstETH, earn on SOL with @KaminoFinance
- Borrow against assets on @arbitrum, hit a 100x on @pumpdotfun
- Hunt EVM stable yields, maintain SOL exposure

Questions? Join us in Discord:

https://t.co/0Dbbo874V8

[SYNO @synofinance]

It's official - @solana is now live on SYNO 🟢

With Solana integrated into the SYNO V2 Hub, any user can seamlessly borrow, lend and earn between SOL and multiple EVM ecosystems.

Powered by @wormhole 👇

[SYNO @synofinance]

When using SYNO + SOL for the first time, you'll need to link your EVM wallet with your SOL wallet on the SYNO Hub. This is a quick process that only needs to be completed once.

[SYNO @synofinance]

SYNO has successfully completed the transition to our new and improved Hub V2 Architecture. This upgrade speeds up all transactions across the platform.

Users will be prompted to migrate their positions to Hub V2 upon connecting to the SYNO app 👇

https://t.co/o4DCZeTgaK

[SYNO @synofinance]

@GabeRabello Removal in process, thank you. We had previously been in contact with the @discord safety team to have that server frozen but it looks like its back.

[SYNO @synofinance]

SYNO will be undergoing maintenance to deploy the pending unified liquidity upgrade on May 19th starting at 4AM ET. The downtime will be used to update our hub and deploy our new front end.

Positions will be monitored closely throughout this period. Minimal downtime is expected.

[SYNO @synofinance]

@GabeRabello Where are you seeing this image? This is an out of date webpage that does not reflect the one currently live.

[SYNO @synofinance]

@DPWJR2 @0xbeachball Front end balances may be distorted throughout the upgrade process - all tokens are safe and will be reflected normally soon.

[Wormhole @wormhole]

The long-term vision for Wormhole: Connecting the Internet Economy

Watch below as @WormholeFdn Co-founder @danreecer_ discusses the next 50 years of connecting every network, population, and part of the world, including upcoming research on platform monetization and fee switch mechanisms that will redirect rewards to active governance participants.

[SYNO @synofinance]

@elyx0 @0xcarnation @y2kfinance they did not merge with us

[SYNO @synofinance]

@bigshakez @aave @MorphoLabs @compoundfinance https://t.co/0Dbbo86x5A

[SYNO @synofinance]

The new cross-chain strategies dashboard is now live 🟢

Users can quickly compare different borrow/supply strategies built on top of @aave, @MorphoLabs and @compoundfinance to maximize their yields.

👉 https://t.co/ERSqCl3J2E

[Alea Research @AleaResearch]

DeFi lending is a $50B TVL market; that's almost 50% of the entire crypto TVL.

Yet it still suffers from a fragmented liquidity problem.

Here’s how Syno is solving this & onboarding the masses into DeFi lending 👇

[SYNO @synofinance]

All supported chain rates are updated in real-time and compared to cross-chain SYNO markets.

More strategies will be added to this dashboard as they become available, including those for our upcoming @solana spoke deployment 🤝

Questions? https://t.co/DXZkptntfK

[SYNO @synofinance]

Cross-chain borrowing rates are extremely competitive on SYNO right now. Users looking to arbitrage rates across chains should take a closer look.

Even better - users looking to borrow ETH across chains right now are actually getting paid to borrow.

https://t.co/o4DCZeTO0i

[SYNO @synofinance]

Power user right here. @jessepollak - he's spot on. SYNO allows users to keep their assets where they want, but borrow against them on their target chain.

SYNO handles everything on the backend - users simply receive their assets and start getting active.

Solana spoke in Q1.

[B_Dubz @BrettAnthony925]

@jessepollak @solana @base Check out @synofinance users will be able to keep assets on @solana and lend/borrow on @base among other chains, and vice versa. $SYNO lives on @arbitrum . @berachain also on SYNO’s roadmap. @0xbeachball maybe worth reaching out to Jesse?