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vlSYNO

Provide liquidity and get vlSYNO

PrevioussSYNONextObtaining vlSYNO

Last updated 5 months ago

To achieve liquidity in the SYNO-WETH pool on Balancer, Syno has implemented a system that would incentivise the users for their contributions in providing liquidity resource (to encourage participation in the SYNO-WETH pool). By actively providing liquidity into Balancer 80SYNO-20WETH Liquidity Pool, the user is able to get boosted emissions & allocation of fees in SYNO and governance.

vSYNO is eligible for a percentage of emissions and fees:

  • 80% of Emissions allocated for vlSYNO & sSYNO

  • 80% of Money Market Fees allocated for vlSYNO & sSYNO

  • 80% 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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Obtaining vlSYNO | Documentation
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