Sync Network

SYNC Price

What is Sync Network about?

Projects in the decentralized finance space started utilizing stake and proof-of-liquidity mechanics to develop a trustless economy but fundamental flaws have held these projects behind. The SYNC Network addresses these problems and offers a workable solution through tradeable stakes bonding Uniswap liquidity pairs with a fully trustless ERC-20 token (SYNC). SYNC enables users to earn interest by staking a cryptographic bond to Uniswap liquidity pair tokens (Crypto Bonds). Crypto Bonds are an NFT (ERC-721) token with collectible attributes, accruing interest rates, and the ability to separately trade and speculate on them within a secondary market.

What makes Sync Network unique?

SYNC Network works to bring stability and risk mitigation to decentralized finance by solidifying a guarantee on holding liquidity pairs for an extended period of time. The Sync Network can help build a needed, stable foundation for the DeFi space and a fully functioning, more robust trustless economy. The SYNC Network is composed of two main contracts: the SYNC ERC-20 contract and the Crypto Bond ERC-721 contract. SYNC tokens have an undefined total supply with inflationary and deflationary attributes through the interactions with Crypto Bond investors.

What's the history of Sync Network?

Despite being a long-term investment, Crypto Bonds do not share anything in common with traditional finance bonds. The name comes from the bonding of liquidity pairs and our own token. Crypto Bonds introduce proof of long-term position in DeFi liquidity pools, and will naturally strengthen the core of DeFi finance as a whole.

What's next for Sync Network?

Crypto Bond Interest Rates SYNC balances itself through daily, self-correcting interest rates. Interest rates of bonds depend on three factors: 1. Total supply of sync in the market, 2. Duration of bond, and 3. Total bonded amount of that liquidity pair token.

What can Sync Network be used for?

Crypto Bonds are a tradeable, long-term (90 days - 3 years) stake - bonding Uniswap liquidity-pair tokens together with SYNC. Deflation of the currency happens when Crypto Bonds are created, burning SYNC from the total supply. Using a Crypto Bond, an investor is able to lock liquidity-pair tokens with the corresponding dollar-to-dollar value in SYNC at some guaranteed interest rate of SYNC upon maturation. Dividend paying versions are also available. Therefore, this occurs in inflation, minting the principle plus interest.

Where can you buy Sync Network?

SYNC tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Sync Network is Uniswap V2 (Ethereum), where the most active trading pair SYNC/WETH has a trading volume of $1.13 in the last 24 hours.

What is the daily trading volume of Sync Network (SYNC)?

The trading volume of Sync Network (SYNC) is $1.14 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Sync Network (SYNC)?

Sync Network (SYNC) reached an all-time high of $0.2099 and an all-time low of $0.00008033. It’s now trading -99.90% below that peak and 64.10% above its lowest price.

What is the market cap of Sync Network (SYNC)?

Market capitalization of Sync Network (SYNC) is $27,872.43 and is ranked #7966 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SYNC tokens (210 Million tokens are tradable on the market today).

What is the fully diluted valuation of Sync Network (SYNC)?

The fully diluted valuation (FDV) of Sync Network (SYNC) is $31,124.75. This is a statistical representation of the maximum market cap, assuming the maximum number of 240 Million SYNC tokens are in circulation today. Depending on how the emission schedule of SYNC tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Sync Network compare against its peers?

With a price increase of 0.00% in the last 7 days, Sync Network (SYNC) is underperforming the global cryptocurrency market which is up 3.60%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 6.70%.

How to add Sync Network (SYNC) to MetaMask?

Adding Sync Network (SYNC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SYNC as a token. You can copy SYNC’s contract address (0xb6ff96b8a8d214544ca0dbc9b33f7ad6503efd32) and import it manually, or if you've installed MetaMask's chrome extension, add SYNC to MetaMask with one click on CoinGecko.

Add SYNC to MetaMask.