Here’s How You Can Make Money On The Web3 Boom

Synapse’s protocol is based on Web3 technology and has tools and methods that allow users to earn up to 51% returns per year. Additionally, Synapse relies on SYN. This coin is already traded on exchanges like Coinbase, Kraken, and many decentralized exchanges like Uniswap, Sushiswap, and PancakeSwap.

The Synapse Protocol platform is based on blockchain technology, providing users with a secure and geographically distributed computing environment. Synapse allows developers to implement smart contracts and applications on the blockchain. You have the ability to create and interact with inexpensive and decentralized applications. Additionally, Synapse provides a secure and scalable platform through which users communicate with and access decentralized applications.

Via the Synapse Protocol platform

The platform offers users a range of tools and services, making it one of the most widely used, widespread, scalable and secure cross-chain communication networks. Anyone can create real applications connected with the Synapse protocol. Since Synapse consists of a global messaging infrastructure and a cost-effectively secure method of confirming transactions, developers can build native and cross-chain applications.

Synapse’s smart contracts for cross-chain messaging can be implemented on any blockchain, making the platform highly adaptable. An optimistic security model provides the security needed to ensure the integrity of these messages. Moreover, this model is universal because certain data such as the execution of smart contracts, NFTs and snapshots can be transmitted through blockchains.

Implantation with the Synapse protocol

Whichever staking option you choose, Synapse provides a secure, reliable, and easy-to-use staking platform. Additionally, the platform has a number of other features, such as a secure wallet, secure transaction processing, and other additional services.

The technology developed by the Synapse Protocol team is already in high demand and will continue to grow in the future. Currently, the Synapse internetwork protocol includes some essential features related to staking and security.

SYN staking is live

SYN is the official cryptocurrency of Synapse, which allows users to earn up to 51% annual returns (depending on the number of coins in the staking pool). At the time of this writing, the annual return percentage of SYN staking is 51%.

If you want to provide liquidity: SYN ETH Pool provides SYN and ETH liquidity on Sushiswap. You can stake the liquidity tokens you receive for this in the official Synapse app.

Additionally, SYN can be deployed on some DEXs for SYN liquidity (e.g. Trader Joes on Avalanche or IDEX on Polygon). However, the rewards offered for these pairs are at the discretion of the respective DEX.

Just Three Steps: SYN Staking Is That Easy

  1. Buy SYN on Coinbase, Kraken, Uniswap or Pancakeswap
  2. Send these coins to your cold wallet (Metamask, Coinbase Wallet, Trust Wallet, etc.)
  3. Provide liquidity on the official Synapse app or any DEX

keep up to date

For more information, see the guide on the official Synapse Protocol website. There you can see what updates and partnerships are planned for the future. You can also benefit from excellent bonus payouts through SYN staking. Follow Synapse for updates and news Twitter or Telegram.

Receive 10% discount on your newsletter subscription

Applicable to BTC-ECHO magazine as a trial subscription, annual subscription or single issue. Register now!

To the newsletter

Sponsored article

Sponsored posts are paid items for which the advertiser is solely responsible. BTC-ECHO assumes no responsibility for the promised services or investment recommendations.

The latest issues of BTC-ECHO Magazine

You might also be interested in

Leave a Comment