SYNC

Syncus is a revolutionary project in the cryptocurrency space, aiming to redefine financial interactions through DeFi. It operates on the zkSync Era chain and focuses on developing a treasury-backed ecosystem that encourages sustainable growth and user participation . Syncus uses a novel financial model inspired by OlympusDAO, focusing on increasing its treasury without traditional bonds, which they see as dilutive. Instead, Syncus introduces protocol taxes on trades, directing these funds to support the treasury and maintain high APY for stakers . The project aims to create a cycle of growing demand and treasury growth, ensuring each SYNC token retains its intrinsic value.

Syncus's mechanisms represent a new era in DeFi, using simple yet detailed mechanisms to reward stakeholders and drive sustainable treasury growth. By staking SYNC tokens, the trading supply gets reduced, increasing demand, and stakers receive rewards for not selling their tokens while earning revenue. This cycle promotes steady treasury growth, rewarding the patience of long-term holders while profiting from short-term traders .