SYNC

SYNC NetworkSYNC

Rank #858
Token
On 980 watchlists

Prezzo SYNC Network (SYNC)

€0.06083
2.68%

0.000001506 BTC2.71%

0.00004751 ETH1.35%

Basso:€0.05518
Alto:€0.06505
24h
SYNC  SYNC Network SYNCPrice: €0.06083 2.68%
Cap. del mercato
€6,828,600
2.29%
Fully Diluted Market Cap
€8,140,913
2.68%
Volume
24h
€163,231
7.88%
Rifornimento circolante
112,256,003 SYNC
Rifornimento massimo
--
Rifornimento totale
133,829,242
 

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SYNC

SYNC Network

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EUR

Euro

SYNC Price Statistics

SYNC Network Prezzo oggi
Prezzo SYNC Network€0.06083
Price Change24h€-0.001678
2.68%
24h Low / 24h High
€0.05518 /
€0.06505
Trading Volume24h€163,230.72
7.88%
Market DominanceNessun dato
Posizione mercato#858
SYNC Network Market Cap
Cap. del mercato€6,828,599.66
2.29%
Fully Diluted Market Cap€8,140,912.64
2.68%
SYNC Network Prezzo ieri
Yesterday's Low / High
€0.05726 /
€0.06706
Apertura/Chiusura ieri
€0.0575 /
€0.06281
Risultato ieri

9.24%

Volume ieri€171,934.48
SYNC Network Cronologia dei prezzi
7d Low / 7d High
€0.03931 /
€0.06706
30d Low / 30d High
€0.01407 /
€0.1619
90d Low / 90d High
€0.002409 /
€0.1619
52 Week Low / 52 Week High
€0.002409 /
€0.1619
Più alto di sempre
Feb 16, 2021 (16 days ago)
€0.1619
62.42%
Più basso di sempre
Dec 12, 2020 (3 months ago)
€0.002409
2424.69%
ROI SYNC Network
Nessun dato
SYNC Network Fornitura
Rifornimento circolante112,256,003 SYNC
Rifornimento totale133,829,242 SYNC
Rifornimento massimoNessun dato
 

Informazioni su SYNC Network

What is the SYNC Network (SYNC)?

The SYNC Network is a Layer 2 platform that creates cryptocurrency bonds that earn interest via Non-Fungible Tokens (NFTs). The network uses ‘CryptoBonds,’ a new sort of financial primitive, to create digital interest earning assets with a twist — receiving principal amounts plus earned interest in a fully trade-able NFT that can be sold on secondary markets like OpenSea and Rarible any time.

The goal of the SYNC Network is to bring stability and risk mitigation to DeFi by providing long-term staking, or ‘CryptoBonds’, to Automated Market Makers (AMMs) like Uniswap.

What are CryptoBonds?

A CryptoBond is a fully tradeable ERC-721 NFT token that locks in liquidity on Uniswap. The SYNC platform mints two tokens: an ERC-20 awards token for Uniswap Liquidity Providers; and an ERC-721 NFT that bonds Uniswap liquidity pairs to SYNC tokens for a specified amount of time (ranging from 90 days to 3 years) that earns interest. When the CryptoBond matures, the holder receives back the original investment plus interest.

The CryptoBonds are made by bonding liquidity pair tokens with the corresponding dollar value of SYNC tokens at the current mining reward rate. Called ‘bonds’ because they are made by ‘bonding’ tokens representing the creators share of a liquidity pool (e.g., Uniswap ‘liquidity-tokens’) with an equally valued amount of SYNC tokens, until a specific period of time has lapsed (i.e., a CryptoBond reaches maturity).

Some other unique features of CryptoBonds are individualized liquidity mining rewards that are readjusted daily based on liquidity pool supply and demand, and rare one-of-a-kind artwork that is created when the bonds are minted.

How many tokens in circulation?

While the total supply of SYNC is undefined, total supply can be seen any time by visiting https://tokenomics.syncbond.com/total_supply. The total maximum supply of SYNC tokens is theoretically uncapped due to the inflationary and deflationary effects derived from market forces, i.e., when a bond is created, an equal value of tokens are burned from the total supply.

Who Are the Founders of SYNC Network?

The SYNC Network was developed by a core group of agile developers, but the platform is community-governed and a fully decentralized DeFi ecosystem. The SYNC Network is governed by token holders who put forth proposals for a community vote, with CryptoBond holders having the most power (the more CryptoBonds you hold, the more voting power you have). However, any SYNC token holder can create a governance proposal to be voted on by the community.

Where Can I Buy SYNC Network (SYNC)?

The SYNC Network was originally developed to be used on Uniswap, and can be found here. However, the team is exploring other integrations for the future on other AMMs and DEXes.

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