Synapse Network To Offer ‘Game-Changing’ Staking Solution
- Synapse Network offers a new staking solution.
- The ‘Flexible Gamified Staking’ incentivizes users who have been with Synapse Network for a long time.
- The solutions include several pathways depending on each users’ needs.
Synapse Network is a cross-chain launchpad and a Venture Capital in the crypto ecosystem. As a launchpad, it is one of the most significant cross-chain launchpads in the entire ecosystem. Meanwhile, as a Venture Capital, it assists and supports other projects.
Recently, Synapse has introduced a new staking solution designed to help investors earn extra income. The solution is easy to understand, effective, and convenient.
A new staking solution?
Synapse has released its new ‘Flexible Gamified Staking’ solution. The process includes long-term, multi-level rewards for stakers with increasing duration and inflation protection. Additionally, it includes appropriate rewards based on the time of staking. The solution is an attempt to reward those who have been involved with the current system for a long time.
Moreover, there will be several pathways: ‘High APR,’ ‘High Allocations,’ ‘Balance Path,’ and ‘Only Allocations’. The ‘High APR’ path increases APR at the expense of allocation size; the ‘High Allocations’ path increases allocation at the expense of APR; the ‘Balanced path’ increases both APR and allocation size; and finally, the ‘Only Allocations’ path involves a 0% APR and huge allocations.
Each path will have a number of levels that can be attained every month, alongside the staker’s bonuses growing per level. In other words, the longer a user stays with Synapse Network, the greater the perks become. As such, individuals can choose the path most suited to their own needs and preferences.
What else does Synapse Network offer?
Synapse Network has its own Technology Labs services. This includes one of the strongest anti-bot solutions on the market, vesting and staking technology, Web 3.0 applications, and assistance with smart contracts; currencies; and non-fungible tokens. Put simply, it is a large technological hub that caters to the dams of investors, projects, and businesses.
Synapse Network acknowledges the importance of completely decentralized money without the involvement of a third party. It’s all about the ‘Revolution’, as Synapse Network’s core theme is “Join the financial revolution and #BeTheDeFiance.”
Is Synapse worth it?
Synapse Network works with a variety of oracle systems along with some of the market’s largest projects.
In terms of accomplishments, the team has more than 20 years of hands-on experience in a variety of relevant industries and has successfully created the largest cross-chain launchpad in addition to assisting over 80 projects as an investor (Venture Capital) or as a launchpad to generate capital.
Furthermore, the team has incorporated the ‘Ramp‘ fiat payments barrier, enabling clients to invest quickly using their Revolut account or payment card.
In terms of future objectives, the team will focus on delivering the next stages of the financial revolution to consumers and businesses as well as developing additional choices for launchpad users like yield farming. Users will be able to earn extra spots by engaging in social media activities and in the near future, Synapse Network will also launch a new website.
All in all, Synapse Network is something to check out as the new staking solution aims to impress the community.
Read more: https://coinquora.com/synapse-network-to-offer-game-changing-staking-solution/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
