Product
Advanced cross-chain infrastructure
SYNTHR's cross-chain infrastructure gives you access to SYNTHR's zero-slippage omnichain liquidity, in addition to the GMP aggregator that aggregates multiple independent consensus layers, the oracle aggregator that aggregates multiple high-quality pull and push price feeds, and various other support components. The protocol enables you to create borderless, or omnichain, applications and transfer value between chains in a manner that is exceptionally capital-efficient and extremely secure.
AI-powered delta-neutrality and dynamic peg protection.
Exceptional capital efficiency
SYNTHR's zero-slippage omnichain liquidity, the most important component of SYNTHR's cross-chain infrastructure, utilizes omnichain syASSETS to perform zero-slippage cross-chain swaps. The protocol enables you to earn real yield by providing liquidity to SYNTHR's zero-slippage omnichain liquidity. This requires you to add high-quality short-tail and yield-bearing liquid assets as collateral, mint omnichain syASSETS, and preserve a 150% minimum c-ratio. Omnichain syASSETS also enable you to access #BUIDLonSYNTHR protocols and hold your liquidity in synthetic alts, BTC, RWAs, or stables.
Architecture
SYNTHR's zero-slippage omnichain liquidity rests on the protocol's light chain-main chain architecture and omnichain global debt pool. The main chain aggregates cross-chain state changes, ensuring gas-optimized and trustless cross-chain synchronicity. The omnichain global debt pool aggregates cross-chain collateral and debt balances, enabling you to mint omnichain syASSETS. It utilizes synthswap, the protocol's native zero-slippage DEX, in addition to the GMP and oracle aggregators, to burn and mint omnichain syASSETS, enabling you to perform zero-slippage cross-chain swaps.
Real yield
Farm syASSET/ASSET LP tokens: SYNTH rewards
Liquidate undercollateralized users: SYNTH rewards
Mint omnichain syASSETS: syUSD rewards
Time-lock SYNTH for veSYNTH: SYNTH and syUSD rewards
DeFi' first zero-slippage omnichain liquidity.
Extreme security
The GMP aggregator aggregates multiple independent consensus layers to validate cross-chain messages, ensuring democratic, guaranteed, and trustless finality. This creates an iron curtain between the core contracts and relayers, preventing collusion between them. The protocol also conducts regular audits, provides comprehensive insurance, and runs bug bounty programs.
The oracle aggregator aggregates multiple high-quality pull and push price feeds, ensuring front-running mitigation, MEV protection, reduced latency, and swap efficiency.
Effortlessly create borderless, or omnichain applications.
Support components
AI-powered delta-neutral vaults utilize the hedge and stability pools to earn a delta-neutral, risk-free yield. The hedge pool mirrors the omnichain global debt pool, ensuring delta neutrality, while the stability pool earns a risk-free yield by liquidating undercollateralized users.
The dynamic peg protection mechanism, or DRASR, utilizes the long and short-farm vaults to maintain parity between DEX and oracle prices. The long-farm vault utilizes its deposits to buy omnichain syASSETS on DEXs and farm syASSET/ASSET LP tokens, while the short-farm vault utilizes its deposits to mint omnichain syASSETS and sell them on DEXs. The protocol utilizes automated arbitrage bots to perform the buy and sell transactions.
The hedge pool mirrors the omnichain global debt pool, ensuring delta neutrality. The hedge pool also enables you to protect yourself against black-swan liquidations and price volatility risks.
The stability pool ensures protocol solvency, performs non-cascading cross-chain liquidations, and preserves overall system health. The stability pool also enables you to earn a risk-free yield by liquidating undercollateralized users.
Protocol revenue distribution
Buyback and burn SYNTH: 10%
Liquidity providers: 60%
veSYNTH holders: 30%
veSYNTH rewards
Time-lock SYNTH for veSYNTH.
Base rewards
30% of protocol revenue: syUSD rewards
Boosted syASSET/ASSET LP token farming rewards: SYNTH rewards
Bonus rewards
Bonus airdrops from #BUIDLonSYNTHR protocols.
Bribes to influence governance proposals.
Whitelisted spots in #BUIDLonSYNTHR presales.
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