πŸ”“vlSYNO

Lock vlSYNO - activate vlSYNO BIPS!

To achieve liquidity in the SYNO-WETH pool on Balancer, Synonym 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 achieve the following:

  1. Significant boost in BIPS, increasing distribution of:

    • $SYNO Emissions

    • Ecosystem allocations

  2. Distribution of fees in $wETH

  3. Governance power over the Synonym Finance DAO

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