sSYNO & vlSYNO
Guide how to maximize your incentives.
Last updated
Guide how to maximize your incentives.
Last updated
To bootstrap the money market, a % of supply is allocated for incentivizing emissions. Borrowers of certain markets will be eligible for SYNO emissions. You can view it under the markets page.
If you have longterm alignment with the project, you can also provide liquidity to SYNO-wETH pool and get vlSYNO. You will be getting 4x the fees and emissions as sSYNO.
vlSYNO is a locked 80SYNO-20wETH Arbitrum Balancer Pool Token. It helps the protocol bootstrap liqudity for the SYNO token, and make sure that the pool is highly liquid.
If the user does not have SYNO:ETH BPT, they will be navigated to Balancer where they can first provide liquidity and then lock it on Syno dapp.
Once liquidity is provided, and Balancer Pool Token is in the wallet, users should select the multiplier depending on their choice in the horizontal slider:
1 month - 2x
3 month - 5x
6 months - 11x
12 months - 25x
You can stake SYNO to get sSYNO token and be eligible for additional emissions and a portion of fees. You can learn more about sSYNO .
You can stake SYNO to get sSYNO under the SYNO page on the website:
To lock into vlSYNO, please navigate to vlSYNO page under SYNO:
