đvlSYNO
Provide liquidity and get vlSYNO
Last updated
Provide liquidity and get vlSYNO
Last updated
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.