🫗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.