Syncus is a sustainable DeFi protocol creating a stable treasury and yield through protocol taxes, avoiding dilution and promoting long-term growth within zkSync.
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Syncus is an innovative DeFi protocol designed to address the limitations of earlier systems like OlympusDAO by establishing a sustainable treasury and tokenomics model. It seeks to overcome issues such as excessive yield promises and dilutive practices by redefining the relationship between the treasury and the token. Syncus funds its treasury through protocol-imposed taxes on transactions, which helps maintain stability and ensures a genuine yield for stakers. This taxation method eliminates the need for dilutive bonds, fostering a self-reinforcing cycle of treasury growth and yield generation. The platform emphasizes long-term ecosystem health rather than short-term token value, aiming for a stable and thriving environment within the zkSync network.
As of now, Syncus is trading at 0.000047 USD, with a 24-hour trading volume of approximately 14.98K USD. The SYNC to USD price is updated in real time. Over the past 24 hours, Syncus has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 201.85K USD. Currently, there are 4 303 794 110 SYNC in circulation out of a maximum supply of 4 303 794 110 SYNC.
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