What is SYNC NETWORK(SYNC)?

Basic information about SYNC

Coin name:

Sync Network

Coin symbol:

Coin introduction:

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 cyptographic 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. 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. 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. They 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. Crypto Bond Interest Rates SYNC balances itself through daily, self-correcting interest rates. Interest rates of bonds depends on three factors. 1. Total supply of sync in the market. 2. Duration of bond 3. Total bonded amount of that liquidity pair token Please see the full whitepaper and website https://www.syncbond.com for more information.

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Current Price:

$0.000238More coin details

All-time high:

$0.209893

All-time low:

$0.000224

SYNC Supply Info and Tokenomics

Circulating supply:

161M

Total supply:

235M

Max supply:

Market cap:

$38,644.38

Fully diluted valuation:

$56,169.71

What is the outlook and future value of SYNC?

The current market cap of SYNC is $38,644.38, ranked 8428 in the market, showing that the market already recognizes the value of SYNC. When a bull market arrives, the market cap of SYNC may continue to grow.

Moreover, if SYNC can play a greater role in real-world applications—such as if the Monero developers can fully empower SYNC and establish partnerships with more business partners to expand its user base—then the long-term value of SYNC will be further enhanced.

What is the price of SYNC in 2027?

According to the historical price performance prediction model of SYNC, the price of SYNC is expected to reach $0.000250 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get SYNC?

Purchasing SYNC with cash is not the only way to obtain SYNC. If you have enough time, you can get SYNC for free.

Learn how to get Hot rewards for free with SYNC.

Earn free SYNC by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get SYNC airdrops for free.

All crypto airdrops and rewards can be exchanged for SYNC through LBank spot trading.

Buy SYNC starting from $1

What is SYNC used for and how to use it?

The use cases for SYNC may grow with the development of the crypto market and project progress. Currently, you can use SYNC to:

Arbitrage trading of SYNC

SYNC is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SYNC trading pairs to suit your needs.

Earn yield with SYNC

You can also lend out SYNC or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SYNC gains.

Send or pay with SYNC

If you want to pay someone with SYNC, you can easily and quickly send SYNC to them using their receiving address.

You can also visit the official website of Sync Network to learn more use cases of SYNC, such as whether the Sync Network project supports community/eco apps or buying physical or virtual goods with SYNC.