Syncus SYNCPrice $ 0.0000114

Syncus is a novel DeFi protocol that aims to overcome the limitations seen in previous systems like OlympusDAO by introducing a sustainable treasury and token dynamics model. It addresses the pitfalls of high yield promises and dilutive practices by innovating on the treasury-token relationship. Syncus proposes a system that grows its treasury through protocol taxes on transactions, ensuring a stable and real yield for stakers. Syncus uses taxation to fund its treasury, thus avoiding the dilutive effects of bonds. This approach aims to create a self-sustaining flywheel effect of treasury growth and yield generation, focusing on long-term success metrics beyond mere token value, aiming for a stable and prosperous ecosystem within the zkSync network.