As more people discover that Non-Fungible Tokens (NFTs) are more than artwork on a blockchain, i.e., Logan Paul selling Pokémon-style holographic NFTs, and Mike Shinoda of Linkin Park selling a song via NFT, rarity and capital investments are also growing quickly in the DeFi space, and even more so on the SYNC Network.
SYNC Network is proud to announce our newest CryptoBonds with even more rare NFT artwork! Our new bonds will feature the new commissioned artwork and share the same rarity components as our Dextools bonds, but instead will offer up millions more versions than ever before.
We’re often asked, “How do I value my CryptoBond?” While you can’t set an exact price for a CryptoBond— they are collectibles, after all — some things make one CryptoBond more sought-after than another.
So what do experienced Syncronauts look for?
There are three primary things to consider in a CryptoBond:
Some CryptoBonds have set limits or caps that will preserve their scarcity over time; they were available only for short runs during a promotional period. Others are rare because they are difficult to create. …
SYNC Network is pleased to announce the New Community Governance System. This is a huge leap for SYNC and the community. Through governance all SYNC token holders will be able to make proposals. CryptoBond holders are the voting class where they receive one vote per CryptoBond. In order for a community vote to pass, a minimum of 20% of total CryptoBond holders are needed by the time deadline to pass a proposal. From there the proposal gets vetted by the CORE team, and the proposal gets passed to a second voting round after being reviewed. If the proposal is…
It’s been an exciting month for SYNC Network. So far we’ve executed 2 Governance votes and on the first day after the halving will be the first vote of the second month. After the second month, the FRS will continue to halve again further reducing the available total supply. The initial supply was originally due to expand 50% of the total supply but that has been substantially reduced since the first governance vote. Everyday ~§9 Million SYNC was burned as per the community vote. The effects of this are a reduction in total supply and increased scarcity. The price positive…
Locking Uniswap Liquidity Tokens in tradable NFT Tokens.
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 (Cryptobonds).
Cryptobonds 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…
CryptoBonds NFT will change the Defi Narrative away from yield farming.