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Documentation
  • 📄Documentation
    • 🌎Overview
    • âš™ī¸Protocol Architecture
      • 🚁Optimistic Finality
      • â›“ī¸Chains & Assets
      • đŸ”ĩCircle CCTP
    • đŸ› ī¸Protocol Features
    • đŸ›Ąī¸Debt Pricing & Risk
    • đŸ”ĨRisk Management
    • đŸ“ŧAsset Parameters
    • 🤝Governance
      • â„šī¸Forum
      • 📔Snapshot
  • 📈Tokenomics & Rewards
    • 📊SYNO Tokenomics
      • đŸĢ—sSYNO
      • 🔓vlSYNO
        • Obtaining vlSYNO
    • 💰Fees distribution
  • 📚Resources
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    • â‰ī¸FAQ
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  1. Tokenomics & Rewards
  2. SYNO Tokenomics

sSYNO

Staked SYNO

SYNO staking allows users to deposit their SYNO tokens into a staking contract to gain governance power and earn additional SYNO rewards.

It is a single-sided staked token unlike vlSYNO.

The staking process includes a 0 warm-up period before tokens become fully active and a cooldown period of 3 days before tokens can be unstaked. This ensures stability and guards against governance attacks within the ecosystem.

sSYNO is eligible for a percentage of emissions and fees:

  • 20% of Emissions allocated for vlSYNO & sSYNO

  • 20% of Money Market Fees allocated for vlSYNO & sSYNO

  • 20% of Optimistic Finality Fees allocated for vlSYNO & sSYNO

All fees to be streamed & distributed via buyback and distribute in $SYNO to incentivize buying pressure on SYNO.

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Last updated 5 months ago

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