Our thesis is simple: Buy, stake, and get rich from price appreciation.

Due to the mass influx of French people both in the Discord server and on our website, we have decided that: IP addresses coming from France will be geoblocked from our launch. The community has spoken and is not happy with your kind here.

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...

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.

Decision made! Syncus will roll out a MEGA AIRDROP across multiple NFT collections: - 🐧 Pudgy Penguins + Lil Pudgys (multiplier for Rogs holders) @Pudgypenguins -🐒 BAYC + MAYC @BoredApeYC - 🦭 Sappy Seals @sappyseals - 👽 Rektguy @rektguyNFT

Which NFT collection should we give an airdrop????

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.

Next up: SYNC-backed stablecoin.

Our Airdrop Strategy Explained "Will airdropping so many people cause the current price of $SYNC to crash?" NO! Let us run the numbers: The treasury holds $9m worth of assets at current prices. This $9m will be used for $SYNC buybacks. The previous crypto cycle had a lot of projects doing the 'Buyback-and-burn' model. In our view, that model is outdated. What if there was a better model that yields far greater returns? Here is where the new Buyback and Airdrop model comes into play. Buybacks paired with airdrops are aimed at expanding the community instead of burning for short-term value growth. The cycle of growth through word-of-mouth marketing is a deliberate strategic move will grow the Syncus ecosystem faster than anything else. The flywheel mechanic will work as following: Buyback of $SYNC from treasury funds -> Airdrop to different communities -> Increased user base -> Protocol growth -> Repeat By continuously reinvesting through buybacks and redistributing value to users via airdrops, Syncus creates an exponential growth loop. Each action feeds into the next, attracting more users, increasing demand for the token, and ultimately driving up its value. This will not be our last airdrop. We have got our sights on various different communities. Stay tuned for more strategic airdrops that will keep the $SYNC flywheel spinning.

$SYNC revenue hit $210,000 today making it the third highest revenue generating protocol on Ethereum. An annualised revenue of $90M, which we expect to grow even faster as we go deeper into the bull market. Flywheel mechanics working as intended.

Borrowing/lending platform on @zkSync is ready to launch. Our treasury of $7.5m will be used as collateral to borrow USDC for $SYNC buybacks. Imagine the pump. Do the maths.

Our treasury has earned around $250k per day since launching. Currently, we rank as one of the top revenue-generating protocols on Ethereum. This revenue will start getting spent on positive return on investments to speed up growth. You guys haven't seen anything yet.

The only borrowing/lending platform on @zkSync is ready to be launched. The best part? ALL the fees generated by the platform will be shared to $SYNC stakers. $SYNC can be used as collateral to borrow ETH, USDC, USDT and WBTC at a 85% LTV, a better alternative to selling with a 15% tax. This will be the first product of many where revenue flows back towards $SYNC holders.

A quick heads up: We are going to bridge our treasury held $SYNC over to zkSync Era. This is in preparation for our borrowing/lending platform where the tokens will be used as collateral for buybacks. More to come soon.

Our lending platform is now live on mainnet Ethereum! You can farm $SYNC with 25% APY by depositing: ETH - USDC - WBTC

Some quick news: Syncus is currently a top 5 revenue-generating protocol in the WHOLE OF CRYPTO, earning around $300k per day on average. At only a $25m market cap, all the revenue generated fuels our price growth, causing the price of $SYNC to have doubled in 5 days.

Our borrowing/lending platform is live on @zkSync Era! You can currently earn a risk-free APY of 250%+ and farm an additional static ~25% APY in $SYNC by depositing: ETH - USDC - WBTC bank.syncus.fi/markets/

The upcoming borrowing/lending platform - a key to the value appreciation of $SYNC Currently, selling Syncus tokens attracts a 15% sell tax. This is a deterrent for users to sell as it incentivises holding and staking instead; preserving the token's value. But you might wonder: How can you benefit from the token's value appreciation if selling incurs such a huge tax? Here is where our borrowing/lending platform comes into play. Instead of selling Syncus tokens and facing the 15% immediate loss, you have an alternative. You can deposit your Syncus tokens as collateral on the platform. In return, you can borrow USDC or ETH at an 85% loan-to-value (LTV) ratio. This means that you will have access to liquid capital like USDC or ETH immediately, without having to sell. In the worst-case scenario where the price of your collateral becomes worth less than the amount you borrowed, you will get liquidated. But here is the catch: this liquidation is no different than what would have happened if you sold Syncus tokens initially. The most likely scenario (given the design of Syncus) is that the price will remain stable or appreciates. As the price grows, the value of your collateral increases. You can end up borrowing more against the same amount of Syncus tokens over time. This system creates an even stronger disincentive to sell Syncus tokens than what we have currently. The Syncus community will keep growing as well as we are marketing aggressively towards mass retail to get more token holders buying in. We are still in Phase 1 of the plan.

New logo, what you guys think?

Why you will NEVER need to sell $SYNC: In the world of finance, selling is rarely a good move to unlock an asset's underlying value. By selling you are losing out on future returns of an asset, especially in this new never-ending inflationary era we live in. This makes little sense when there is a much better alternative: Loans. This is something traditional finance has adopted widely and the main reason for the economic growth of the last century. Slowly crypto has also started to adopt this meta, with examples like JustLend and the Curve founder. Wealth is not just about owning assets; it is about smartly leveraging them. The rich do not sell their assets – they simply borrow against them. This practice is tax-efficient and makes sure everyone wins. You hold the underlying asset while unlocking the liquidity you need. A dollar sold is a dollar stolen. A dollar borrowed is a dollar created. Yet, the majority of our industry still fails to realise this. As a result of this, we are excited to introduce SyncLend: With $SYNC, you get the best of both worlds: retain your appreciating asset and access its liquidity. Our borrowing/lending platform offers a better alternative to selling: Borrow USDC or ETH against your $SYNC at 85% Loan-to-Value instead of facing a 15% tax on selling. This gets you the same amount of liquidity that you would otherwise receive from selling anyway. The best part? As $SYNC appreciates, so does your borrowing power - your loan dissipates. By borrowing against your $SYNC, you are not just retaining your asset's potential value, you are actively participating in the creation of wealth. You will never need to sell your $SYNC, simply borrow and ride the appreciation wave as the token is designed to.

Our borrowing/lending platform has been released yesterday: Supply APY is still extremely high due to insane demand. Bridge over to @zkSync and deposit to our bank if you want to enjoy these yields.

We are still cooking.

⭐️$300K SYNC Giveaway Contest!⭐️ This February, we are giving away $300K in SYNC to the top 3 people with the most amount of referral rewards earned. Spread your Syncus referral link across social platforms - make it viral on Twitter, a video on TikTok, a post on Instagram, or trending on forums even. The more creative and widespread, the better your chances! 📅 Contest Duration: 1 - 29 February 🏆 Rewards Distribution: 1 March Top 3 Referral Masters: 🥇 1st Place: $125K 🥈 2nd Place: $75K 🥉 3rd Place: $50K Bonus Bounty: 🌟 Five $10K SYNC rewards for the most creative/funny referral promotions. Good luck everyone.

This is how $SYNC is designed to go up in price: The token design incorporates a 15% sell tax, which is key to the appreciation model. This tax creates a deflationary pressure on the SYNC available in the liquidity pool. As people are trading, it continuously reduces the SYNC available in the liquidity pool, naturally driving up its value over the long-term. The important thing to note here is that this scarcity requires LESS ETH to increase the SYNC price than previous purchases, creating a positive feedback loop for price growth over the long-term. An example: A trader buys 100 ETH worth of SYNC tokens and immediately sells. To increase the price back to its original point before the sale, only 82.4 ETH worth of SYNC would need to be bought. This system, compounded over time, will lead to exponential growth in SYNC's value. Another point: the value of SYNC is pegged and traded against Ethereum instead of USD. If you believe in the bull market and assume that the price of Ethereum will continue to go up, then the price of SYNC will naturally increase alongside it. This relationship makes SYNC an attractive asset for those bullish on Ethereum's future, while providing higher returns than holding regular Ethereum.

Two weeks in, and the Syncus token design has already proven to be successful for the long-term. Future developments will only help speed up its growth even more. If you are still skeptical of its potential, you have only yourself to blame for missing out.

Trading is now live on Gate.

Jeet and his call center have bought in, bullish..

Our latest small marketing move is seeing HUGE returns. The retail crowd is clearly making a comeback, a single TikTok campaign got us returns like never before. Retail don't bet on Bitcoin going up 100x so they look for better and cheaper altcoins to buy. And guess what they find? On social media such as YouTube or TikTok, $SYNC is everywhere. We are monopolising this sector. Betting on $SYNC is a bet on retail returning and buying alts again.

A beta launch of our referral program has gone live. Starting now, you can create and share your own Syncus referral codes. Some early-access members are already making over $1,000 DAILY in passive income with no followers. With a massive 10% commission for every use of your referral code, those who come up with creative strategies to share it can make big money. Remember @Blast_L2's success? Now, imagine earning real cash instantly instead of imaginary points. When you buy and stake $SYNC, you benefit from the collective growth driven by everyone sharing referral codes. Create your code, start sharing, and watch your earnings grow alongside the Syncus token.

Slowly at first, then all at once.

The future of Syncus: The $SYNC token design has been carefully researched and modeled to ensure its value appreciates over time. We are still in the early stages of introducing Syncus to the mainstream market. Our market cap remains low, presenting a significant growth opportunity, especially as we enter the bull market phase. This is just the beginning. Phase 1: Current Status on Ethereum Mainnet Syncus presently operates solely on the Ethereum mainnet. We are aware of the high gas fees and the difficulty on our goal of attracting a mainstream user base. If we want to democratise finance and allow millions of users to be a part of Syncus, a Layer-2 is undoubtedly needed. Phase 2: Multi-Chain Expansion to zkSync Era Our next strategic move is the migration to @zkSync Era. This transition will significantly reduce gas fees, making Syncus more accessible to a broader audience. Users can buy and stake $SYNC on here, as well as on mainnet Ethereum. Other chains can be considered later. Phase 3: Introduction of Borrowing/Lending Platform We will be launching the first borrowing/lending platform on zkSync Era. This feature will allow users to use $SYNC as collateral to borrow USDC/ETH. It offers an alternative to selling $SYNC (without getting taxed), accessing liquidity and leverage. Once we deploy this, selling $SYNC becomes unnecessary as the token is designed to go up in price, meaning your collateral worth also increases. Phase 4: Potential Sell Tax Changes Currently, there is a 15% tax on selling $SYNC. This measure is designed as a deterrent to stabilise the token during its early phase. We can consider the removal of this tax once Syncus gets listed on centralised exchanges, where users can trade $SYNC to circumvent this tax. Additionally, we plan to renounce the contract holder to make the system more decentralised and secure. Reflection: The Journey So Far Early IDO participants would have seen potential profits of around 20x currently, though many have sold their holdings beforehand. We express our gratitude to these early supporters for joining us on this journey and contributing to the Syncus story. As we advance further into this bull market, Syncus is positioned perfectly for immense growth for the token value and mainstream adoption.

🚨 BE CAREFUL EVERYONE 🚨 Nigerian princes are sending out mass emails. They want your $SYNC tokens!

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

Supply APY won't stay this high forever. Take advantage now while you can.

ERC-404 on Syncus: Tradable Referral Income We are excited to unveil a groundbreaking development in the Syncus ecosystem that revolutionises how referral income can be generated and traded. Leveraging the versatility of the ERC-404 standard, Syncus is transforming referral codes into tradable assets, enabling you to buy or sell your passive monthly income. What Is Changing? Your referral code will soon be tokenised as an ERC-404 token. Generating a new referral code upon the release of the new referral dashboard will mint a new ERC-404 token. This means your successful referrals and the passive income they generate can be owned, traded, or sold. This innovative approach offers flexibility and liquidity in managing your referral benefits, allowing participants to capitalise on their network's growth like never before. Why ERC-404? The ERC-404 standard's unique capacity to blend fungible and non-fungible characteristics makes it the perfect foundation for our new referral income model. It enables each referral token to represent a distinct value, derived from the passive income it generates, while still allowing it to be traded on the Syncus platform and beyond. Benefits: - Liquidity. Convert your referral efforts into liquid assets that can be easily traded or sold. - Flexibility. Choose to hold onto your referral income tokens to enjoy ongoing rewards or sell them to capitalize on your network's growth. - Innovation. Be part of a pioneering model that redefines passive income in the DeFi space. Other upgrades: The development work has been completed for our borrowing/lending platform on @zkSync and an upgraded referral dashboard. We are still awaiting the right moment to launch it. Please be patient, everything is calculated perfectly here. Syncus is destined to continue to keep growing further throughout this bull market.

What do we think fellas? The community decides..

Our growth will be extremely fast after referral links are made public. Doesn't matter where you're from, you can make big money by spreading your referral links. All you need is a phone and an internet connection. $100+ per day in passive income is very easily achieved, you just have to be as creative as possible with ways to spread it.

Hear him out:

Join us for a Twitter Space discussion hosted for our Chinese community members by Moonlight in 2 hours today! 12:00 UTC.

Big day today.

He knows.

🚨 We are hiring top-tier smart contract developers! 🚨 Building a pathway for users to tap into the highest ETH yields on @zkSync through re-staking and Eigenlayer. Only the exceptional need apply as this is not a simple job – the bar is set high. Interested? Reach out to us on Discord in the 'Hiring' channel.

🚨 WATCH OUT 🚨 Don't try to claim anything yet. Watch ONLY for instructions from the official @Syncus_Fi account to avoid phishing scams. Details on the claim process and specific numbers will come at a later stage.

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

You guys are the best @0xngmi 🫡

Introducing Syncus: Picking up where Olympus went wrong. medium.com/@syncus/syncus-a-…

Buy tax is now set to 0. More announcements coming.

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

$SYNC token is now live on mainnet Ethereum. Contract address: 0xa41d2f8Ee4F47D3B860A149765A7dF8c3287b7F0 Borrowing/lending platform and treasury swap mechanic will go live after volatility settles. Stake your tokens at: app.syncus.fi/#/stake

The updated dashboard goes live in February as well allowing for withdrawal of $SYNC earnings. Not up for the referral contest? No problem! You can still benefit from the rewards of Syncus's growth. Simply buy $SYNC and stake it. As the contest fuels our expansion and attracts new users, every staker benefits.

We are launching today. A more sustainable take on the classic OHM model, focusing on token value growth and longevity. Here is a brief explanation of how it will work: 🧵

The IDO was a success, raising 187 ETH for 15% of the tokens. SYNC token will be launched at a ~$2.6 million valuation. The 5-minute cap on our IDO was effective in securing initial liquidity whilst not being overfunded. TGE and protocol launch are happening in the upcoming days. Important note: Tokens will be distributed automatically, there will not be anywhere to claim for them. Please watch out for drainers.

This is exactly how top CEOs like Elon Musk/Mark Zuckerberg/Jeff Bezos operate. They don't sell their shares since that would crash the market. Instead, they use their shares as collateral to borrow USD with it. It avoids them from paying tax as well since borrowing is a non-taxable event. It's a win-win situation all around, nobody gets dumped on and their company's share continue to appreciate.

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

You gave us no choice.

Keep in mind that supply APY will decrease as more people are depositing. It is based on supply/demand mechanics.

These yields will remain this high extremely short-term. Once there are more deposits, expect it to go down due to supply/demand mechanics. bank.syncus.fi/markets/

The supply APY for the native asset fluctuates due to supply/demand mechanics but the 25% APY on $SYNC remains steady. Start borrowing/lending: bank.syncus.fi/markets/

Thank you for the feature @MasonVersluis!

Be ready tomorrow at 2PM EST. Our Medium post details everything you need to know about the upcoming Syncus IDO. medium.com/@syncus/launching…

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

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

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

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

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

Update: Apologies for the delay guys. It appears that building on @zkSync has a lot more complications than expected, our previous tests did not anticipate for the limitations on mainnet. We will launch tomorrow, 6 December at 2PM EST instead. Once again, we apologise deeply for this delay. We know a lot of you have stayed up late for this; it was not in our control. The fault lies in this problematic chain instead, it is no surprise that nobody deploys contracts on it. Another option is launching on mainnet Ethereum instead tomorrow?

Don’t complicate it. Simply: buy and stake. Wait patiently then get rich as we keep growing.

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

Thank you for bringing awareness to Turkey 🫡

We are now listed on @Coingecko. Still only $430k valuation 👀 coingecko.com/en/coins/syncu…

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.

This is the final tweet in this thread. Be wary of accounts impersonating Syncus. The official twitter is @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

🫡

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.

Closed.

The community has voted and decided to deploy on mainnet @Ethereum first instead of @zkSync. Launch will happen today at 2PM EST. This leaves the option for us to go multi-chain later on (zkSync Era/Arbitrum/Optimism). These were the pros and cons the community was presented with: Ethereum mainnet pros: - Large TVL, a lot more money to participate. - Once HEX-tier marketing starts on TikTok/Instagram/YouTube, normies can buy instantly with credit card fiat ramp widget. - Privy-like wallet integration for phone app possible. Combined with credit card purchase, makes it a lot more accessible for the mainstream. - CEX listings are much more likely. - Much more safety in terms of smart contract risk. - Option remains to go multi-chain and expand to zkSync Era and Arbitrum/Optimism later. Ethereum mainnet cons: - High gas fees restrict poorer people from participating, slow transaction speed as well. - Snipers on listing (maybe not relevant since it only affects the short/medium-term). - Attention is diluted since there are so many things going on at mainnet, whereas on zkSync we have the sole attention. zkSync pros: - Can monopolise the chain since there is nothing on there, the whole chain can be ours with borrowing/lending. Similar to how GMX made Arbitrum and Wonderland made Avalanche. - Chain can become bigger and more developed, we will have the first mover’s advantage there. - Low gas fees, fast transactions. More accessible to poorer people. zkSync cons: - No wider ecosystem on the chain, only AMM DEXs. - Low TVL, not much money in there. - Hard to develop, a lot of limitations as well. Smart contract risk increases by a lot. - Chain might not grow bigger and develop in the future, in which case we’re at a dead end. - Bridging over is harder for normies. - CEX listings are less likely.

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

Join our Space tomorrow to discuss our initial token distribution and launch strategy. Mark your calendars! 23 November 2PM EST nitter.app/i/spaces/1ynKOybbYpVJR

More info:

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

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

Welcome to Syncus. Stake, forget about it for a few months and come back to your newly acquired wealth. It’s that simple.

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

And more info:

See the price and track live transactions on Dexscreener: dexscreener.com/ethereum/0x1…

2PM EST today. Be ready. If you want to learn more about the protocol or the launch, you can do that here: docs.syncus.fi/

3/ Syncus learns from this mistake and eliminates bonding (the "hidden tax") to create a more sustainable revenue model. As users participate in Syncus, the treasury grows in ETH from action-based taxes. The taxes are as following: 2.5% Stake 2.5% Unstake 10% Sell 5% Buy

2/ OHM and its forks struggled with the pitfalls of bonding. The original founder, Zeus, knew it was a hidden tax that suppressed price through a discount which would eventually cause the downfall of the protocol and all of its forks:

10/ Token distribution change: IDO participants will receive 100% of the circulating token supply, instead of the intended 15%. We have revised our token model for the better, providing more value for our community. This will support early growth more efficiently.

4/ By simplifying the protocol (removing bonds) it also becomes much easier to understand for the mainstream public. All a new user needs to do is buy, stake and enjoy the appreciation from the treasury growth. Extremely simple to participate into.

6/ The second problem with bonding that OHM and other forks would experience was that once attention died down, bonding did too. Reviving the protocols was almost impossible due to this death spiral condition. nitter.app/tbr90/status/173057551…

5/ Think of staking SYNC as tracking the treasury's growth, similar to an ETF. As the treasury expands, so does the APY to catch up, creating a synergistic flywheel effect: More trading -> Higher APY -> More interest -> More trading -> Repeat

9/ Token launch: The token will launch on @SyncSwap today, with additional pools created on @Mavprotocol later for more efficient liquidity. Our initial plan was to have pools on Maverick only, but due to limitations on zkSync this was not possible for the beginning.

8/ A borrowing/lending platform on @zkSync. We are also creating the first borrowing/lending platform on zkSync Era, featuring support for SYNC. SYNC holders will be able to borrow against SYNC without needing to sell. This will also be added once initial volatility settles.