Sync Network SYNC Price

What is Sync Network (SYNC)?

SYNC Network is a decentralized finance (DeFi) platform built to bring stability and risk mitigation to the world of digital assets. The platform creates a new kind of financial instrument called CryptoBonds. These are interest-earning NFTs that allow users to earn rewards while locking in liquidity for a specified period.

What Are CryptoBonds?

CryptoBonds are ERC-721 NFTs that are created by "bonding" liquidity pairs with an equal value of SYNC tokens. These bonds lock liquidity on platforms like Uniswap for a set period, which can range from 90 days to three years. When the bond matures, holders receive their original investment back, plus the earned interest.

CryptoBonds offer several unique features:

• Customizable Liquidity Mining: Liquidity rewards are adjusted daily based on the supply and demand in liquidity pools.
• NFT Artwork: Each CryptoBond has one-of-a-kind artwork created when it’s minted, making it both a financial asset and a collectible.

How Does SYNC Network Work?

SYNC Network uses two main tokens:

1. ERC-20 Token: Awarded to Uniswap liquidity providers.
2. ERC-721 CryptoBond: A fully tradeable NFT that locks liquidity and earns interest for holders.

SYNC’s platform is designed to be a fully decentralized ecosystem, where governance is controlled by token holders. CryptoBond holders have the most voting power, but anyone holding SYNC tokens can propose changes and vote on community decisions.

What is unique about Sync Network (SYNC)?

SYNC Network is unique because it creates tradeable, interest-earning NFTs called CryptoBonds, which lock in liquidity on platforms like Uniswap for a specified period and offer customizable liquidity mining rewards. Additionally, each CryptoBond comes with rare, one-of-a-kind artwork.

Who are the founders of Sync Network (SYNC)?

SYNC Network was developed by a team of agile developers, but it is governed by the community of token holders, making it a fully decentralized platform.

Where can I buy Sync Network (SYNC)?

 Uniswap V2 (Ethereum)