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What is Syncus (SYNC)?

Syncus basic info

Name:Syncus
Ticker:
Introduction:

What Is Syncus?

Syncus is a treasury-backed DeFi protocol that represents a pivotal development in decentralized finance. Launched in November 2023, Syncus is designed to leverage the benefits of zero-knowledge proofs, offering enhanced security, decentralization, and efficiency. This protocol is built upon the lessons learned from the past, particularly the challenges faced by protocols like Olymp usDAO. It aims to innovate within the treasury-token dynamics, ensuring sustainable growth and robust economic incentives.
The vision of Syncus transcends traditional finance, aiming to reshape public financial infrastructure through a decentralized approach. By focusing on the Ethereum ecosystem and utilizing zkSync for its operations, Syncus targets the largest available liquidity pool in crypto, intending to tap into idle assets and generate substantial yield. The protocol's commitment to a secure, decentralized future is evident in its strategic alignment with zkSync, ensuring that its users benefit from low fees and robust security without compromising on decentralization.

Resources

Official Documents: https://docs.syncus.fi/
Official Website: https://syncus.fi/

How Does Syncus Work?

Syncus introduces a unique economic model that diverges from conventional DeFi protocols by addressing the issues of treasury growth and token stability. By learning from the failures and limitations of previous systems, Syncus has developed a mechanism that fosters a sustainable and scalable economic environment. This involves a strategic blend of protocol taxes and treasury management, where each transaction contributes to the protocol's financial health, thereby ensuring a stable and growing yield for stakeholders.
The protocol operates on a principle where the demand for its native token, SYNC, is primarily driven by its attractive APY offerings. This demand facilitates treasury growth, which in turn sustains the APY, creating a virtuous cycle that benefits all participants. Unlike models that rely heavily on bonding or other dilutive practices, Syncus focuses on generating real value through a self-reinforcing economic model, which includes adaptive tax strategies to respond dynamically to market conditions, ensuring long-term viability and resilience.

What Is SYNC Token?

SYNC is the main token of the Syncus protocol. It serves multiple functions: as a staking instrument, a medium of exchange, and a representation of stake in the governance and future direction of the protocol. The design of SYNC incorporates lessons from past DeFi experiences, introducing innovative features that encourage long-term holding and active participation in the ecosystem's growth. SYNC has a total supply of 4,186,731,698 tokens.
Staking SYNC provides users with a direct stake in the protocol's success, aligning incentives between the protocol and its participants. The adaptive tax strategy employed by Syncus ensures that speculative actions are discouraged, fostering a community of committed stakeholders. Over time, the SYNC token aims to become a benchmark for sustainable economic models in DeFi, promoting stability, growth, and user engagement through its thoughtful design and strategic implementation within the Syncus protocol.

What Determines Syncus’s Price?

The price of Syncus, like that of other blockchain-based assets, is influenced by a complex interplay of factors that are central to the dynamics of the cryptocurrency market. At the core, supply and demand dynamics within the Web3 ecosystem play a pivotal role, with fluctuations often driven by the latest news and developments in the cryptocurrency space. Investors and enthusiasts keenly analyze Syncus trends through cryptocurrency charts and analysis, seeking to forecast future movements and identify the best crypto investment for 2024 and beyond.
Additionally, cryptocurrency adoption rates, regulatory changes, and market volatility significantly impact Syncus's valuation. Security concerns and the latest developments in blockchain technology also contribute to its market perception, influencing investor confidence and speculative interest. As the cryptocurrency landscape evolves, factors such as technological advancements, global cryptocurrency regulation, and the overall sentiment towards cryptocurrency risks continue to shape Syncus's price predictions, making it a subject of keen interest for those looking to navigate the opportunities and challenges of investing in the digital asset market.
For those interested in investing or trading Syncus, one might wonder: Where to buy SYNC? You can purchase SYNC on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

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Current price:
All-time high:$0.08287
All-time low:$0.0001173

SYNC supply and tokenomics

Circulating supply:4,047,350,000 SYNC
Total supply:4,296,054,422.17 SYNC
Max supply:0 SYNC
Market cap:$756,825.08
Fully diluted market cap:$803,331.02

Links

Buy Syncus for $1Buy SYNC now

What is the development prospect and future value of SYNC?

The market value of SYNC currently stands at $756,825.08, and its market ranking is #1982. The value of SYNC is not widely recognized by the market. When the bull market comes, the market value of SYNC may have great growth potential.

As a new type of currency with innovative technology and unique use cases, SYNC has broad market potential and significant room for development. The distinctiveness and appeal of SYNC may attract the interest of specific groups, thereby driving up its market value.

What will the price of SYNC be in 2025?
Based on SYNC's historical price performance prediction model, the price of SYNC is projected to reach $0.0007090 in 2025.
What will the price of SYNC be in 2030?
In 2030, the SYNC price is expected to change by +9.00%. By the end of 2030, the SYNC price is projected to reach $0.001435, with a cumulative ROI of +668.54%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of SYNC and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is SYNC worth investing or holding? How to buy SYNC from a crypto exchange?

If you want to buy SYNC, the following information may be helpful for your investment decisions:
In the last 7 days, the price of SYNC has fallen by -12.14%, leading to negative returns for most SYNC investors. The market is currently pessimistic about the price trend of SYNC.
It is important to note that the current price of SYNC has retreated by -99.77% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether SYNC is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in SYNC or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of SYNC, if you want to buy or sell SYNC, you can consider Bitget for your trading needs. The best place to buy SYNC is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Syncus has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Syncus. Here's a step-by-step guide on how to buy Syncus on Bitget.

How to get Syncus through other methods?

Using cash to buy Syncus is not the only way to obtain Syncus. If you have the time to spare, you can get Syncus for free.
Learn how to earn Syncus for free through the Learn2Earn promotion.
Earn free Syncus by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Syncus airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Syncus through Bitget Convert, Bitget Swap, or spot trading.

What is Syncus used for and how to use Syncus?

The use case of Syncus may expand as the crypto market and the project itself develop. Currently, you can use SYNC to achieve the following goals:
Arbitrage by trading SYNC: Since SYNC is a frequently traded cryptocurrency, the price of SYNC is always fluctuating. Earn more SYNC by buying low and selling high on the exchange. Bitget spot market provides a variety of SYNC trading pairs to fully meet your needs.
Earn by staking SYNC: You can also generate income through financial management methods such as staking SYNC or lending SYNC. Bitget Earn offers a variety of financial products designed to help you earn more income from your SYNC.
Send or pay SYNC: If you want to give SYNC to your friends, a charity, or a fundraiser, or you want to pay someone with SYNC, you can quickly and easily send SYNC to the recipient through their payment address.
You can also go to the official website of the Syncus project to learn more about the use cases of SYNC. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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SYNC resources

Contracts
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Ethereum
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wallet
Links
Syncus WebsiteSyncus WhitepaperSyncus TwitterSyncus Github

SYNC price calculator

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SYNC
USD
1 SYNC = 0.0001891 USD
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