SYNO will be adjusting collateral ratios over the next 4 weeks to ensure a smooth wind down of the protocol.
Please close your borrow positions as soon as possible. Additional details are available in our Discord server.
Interest rates and collateral parameters will be adjusted to encourage an orderly wind down.
Additional details are available in our Discord server. We appreciate your support and thank you for building with us.
When using SYNO + SOL for the first time, you'll need to link your EVM wallet with your SOL wallet on the SYNO Hub. This is a quick process that only needs to be completed once.
Need some inspiration?
- Borrow against mainnet wstETH, earn on SOL with @KaminoFinance
- Borrow against assets on @arbitrum, hit a 100x on @pumpdotfun
- Hunt EVM stable yields, maintain SOL exposure
Questions? Join us in Discord:
discord.com/invite/syno
SYNO has successfully completed the transition to our new and improved Hub V2 Architecture. This upgrade speeds up all transactions across the platform.
Users will be prompted to migrate their positions to Hub V2 upon connecting to the SYNO app 👇
app.syno.finance/
SYNO retweeted
The long-term vision for Wormhole: Connecting the Internet Economy
Watch below as @WormholeFdn Co-founder @danreecer_ discusses the next 50 years of connecting every network, population, and part of the world, including upcoming research on platform monetization and fee switch mechanisms that will redirect rewards to active governance participants.
SYNO retweeted
DeFi lending is a $50B TVL market; that's almost 50% of the entire crypto TVL.
Yet it still suffers from a fragmented liquidity problem.
Here’s how Syno is solving this & onboarding the masses into DeFi lending 👇
The new cross-chain strategies dashboard is now live 🟢
Users can quickly compare different borrow/supply strategies built on top of @aave, @MorphoLabs and @compoundfinance to maximize their yields.
👉 app.syno.finance/strategies
All supported chain rates are updated in real-time and compared to cross-chain SYNO markets.
More strategies will be added to this dashboard as they become available, including those for our upcoming @solana spoke deployment 🤝
Questions? discord.gg/syno
Cross-chain borrowing rates are extremely competitive on SYNO right now. Users looking to arbitrage rates across chains should take a closer look.
Even better - users looking to borrow ETH across chains right now are actually getting paid to borrow.
app.syno.finance/
Power user right here. @jessepollak - he's spot on. SYNO allows users to keep their assets where they want, but borrow against them on their target chain.
SYNO handles everything on the backend - users simply receive their assets and start getting active.
Solana spoke in Q1.
Check out @synofinance users will be able to keep assets on @solana and lend/borrow on @base among other chains, and vice versa. $SYNO lives on @arbitrum . @berachain also on SYNO’s roadmap. @0xbeachball maybe worth reaching out to Jesse?
SYNO retweeted
The second day of Boopmas our true boop brings to you, 43,000 $SYNO tokens currently worth $200 USD, bringing Santa’s sack to a total value of $2,200.
The team at @synofinance have created a universal cross-chain credit layer for busy DeFi Professionals, with the cross-chain lending and borrowing experience that users deserve, powered by the Wormhole cross-chain technology stack.
Lend, borrow and earn from any chain. Incredible.
How to get your hands on this bounty? Well here is the second of 12 masterpieces created by @chutoro_au. These images are the keys to 12 words that form the seed phrase that will bring you cheer this Christmas.
Keep alerts on, tomorrow we reveal another treasure placed lovingly under the tree by the finest @Abitrum teams.
How to:
1. Deposit your preferred collateral (ex. ezETH, weETH, wBTC, tBTC, ARB)
2. Borrow natively cross-chain USDC (CCTP)
3. Deposit into Ethena sUSDe
Earn SYNO rewards, yields on your collateral and sUSDe yield from your preferred chain.
Questions? Join the SYNO community now:
discord.gg/syno