Convert SYNC Network SYNC to Wrapped Bitcoin WBTC
1 SYNC converts to 0.0000000163 WBTC
About SYNC and WBTC
SYNC Network is climbing, while Wrapped Bitcoin is falling this week. The current SYNC to WBTC conversion rate is 0.0000000163. Inversely, this means that if you convert 1 WBTC you will get 61,354,130.36 SYNC. The conversion rate of SYNC/WBTC has increased by 0.53% in the last hour (WBTC/SYNC decreased by 0.53%). In the last 24 hours, SYNC/WBTC grew by 0.93%, while WBTC/SYNC shrunk by the same amount.
The exchange rate of SYNC Network is increasing. The current value of 1 SYNC is 0.0000000163 WBTC. In other words, to buy 5 SYNC Network, it would cost you 0.00000008149 WBTC. Inversely, 1 WBTC would allow you to trade for 61,354,130.36 SYNC while 50 WBTC would convert to 3,067,706,518.07 SYNC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.86%. Meanwhile, in the last 24 hours, the rate has changed by 0.87%, which means that the highest exchange rate of 1 SYNC to WBTC was 0.00000001639 WBTC and the lowest 24 hour value was 1 SYNC for 0.00000001597 WBTC. Last month, 1 SYNC was worth 0.00000001217 WBTC. Today, it's up 25.36%. Looking back a year, SYNC Network has changed by 0.000000008674 WBTC. That means that in a single year, the value of SYNC Network has grown by 46.78%.
SYNC Network Market Stats
Projects in the decentralized finance space started utilizing stake and proof-of-liquidity mechanics to develop a trustless economy but fundamental flaws have held these projects behind. The SYNC Network addresses these problems and offers a workable solution through tradeable stakes bonding Uniswap liquidity pairs with a fully trustless ERC-20 token (SYNC). SYNC enables users to earn interest by staking a cyptographic bond to Uniswap liquidity pair tokens (Crypto Bonds). Crypto Bonds are an NFT (ERC-721) token with collectible attributes, accruing interest rates, and the ability to separately trade and speculate on them within a secondary market. SYNC Network works to bring stability and risk mitigation to decentralized finance by solidifying a guarantee on holding liquidity pairs for an extended period of time. The Sync Network can help build a needed, stable foundation for the DeFi space and a fully functioning, more robust trustless economy. -- The SYNC Network is composed of two main contracts: the SYNC ERC-20 contract and the Crypto Bond ERC-721 contract. SYNC tokens have an undefined total supply with inflationary and deflationary attributes through the interactions with Crypto Bond investors. Despite being a long-term investment, Crypto Bonds do not share anything in common with traditional finance bonds. The name comes from the bonding of liquidity pairs and our own token. Crypto Bonds introduce proof of long-term position in DeFi liquidity pools, and will naturally strengthen the core of DeFi finance as a whole. They are a tradeable, long-term (90 days - 3 years) stake - bonding Uniswap liquidity-pair tokens together with SYNC. Deflation of the currency happens when Crypto Bonds are created, burning SYNC from the total supply. Using a Crypto Bond, an investor is able to lock liquidity-pair tokens with the corresponding dollar-to-dollar value in SYNC at some guaranteed interest rate of SYNC upon maturation. Dividend paying versions are also available. Therefore, this occurs in inflation, minting the principle plus interest. Crypto Bond Interest Rates SYNC balances itself through daily, self-correcting interest rates. Interest rates of bonds depends on three factors. 1. Total supply of sync in the market. 2. Duration of bond 3. Total bonded amount of that liquidity pair token Please see the full whitepaper and website for more information.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
SYNC to WBTC values from Today at 10:35 pm
0.5 SYNC = 0.000000008149 WBTC |
1 SYNC = 0.0000000163 WBTC |
5 SYNC = 0.00000008149 WBTC |
10 SYNC = 0.000000163 WBTC |
50 SYNC = 0.0000008149 WBTC |
100 SYNC = 0.00000163 WBTC |
500 SYNC = 0.000008149 WBTC |
1,000 SYNC = 0.0000163 WBTC |
WBTC to SYNC values from Today at 10:36 pm
0.5 WBTC = 30,677,065.18 SYNC |
1 WBTC = 61,354,130.36 SYNC |
5 WBTC = 306,770,651.81 SYNC |
10 WBTC = 613,541,303.61 SYNC |
50 WBTC = 3,067,706,518.07 SYNC |
100 WBTC = 6,135,413,036.13 SYNC |
500 WBTC = 30,677,065,180.65 SYNC |
1,000 WBTC = 61,354,130,361.31 SYNC |
SYNC to WBTC over time
SYNC | Today | 24H 0.87% | 1M 25.36% | 1Y 46.78% |
|---|---|---|---|---|
0.5 SYNC | 0.000000008149 WBTC | 0.000000008078 WBTC | 0.000000006083 WBTC | 0.000000004337 WBTC |
1 SYNC | 0.0000000163 WBTC | 0.00000001616 WBTC | 0.00000001217 WBTC | 0.000000008674 WBTC |
5 SYNC | 0.00000008149 WBTC | 0.00000008078 WBTC | 0.00000006083 WBTC | 0.00000004337 WBTC |
10 SYNC | 0.000000163 WBTC | 0.0000001616 WBTC | 0.0000001217 WBTC | 0.00000008674 WBTC |
50 SYNC | 0.0000008149 WBTC | 0.0000008078 WBTC | 0.0000006083 WBTC | 0.0000004337 WBTC |
100 SYNC | 0.00000163 WBTC | 0.000001616 WBTC | 0.000001217 WBTC | 0.0000008674 WBTC |
500 SYNC | 0.000008149 WBTC | 0.000008078 WBTC | 0.000006083 WBTC | 0.000004337 WBTC |
1,000 SYNC | 0.0000163 WBTC | 0.00001616 WBTC | 0.00001217 WBTC | 0.000008674 WBTC |
Frequently asked questions
Right now, 1 SYNC Network is worth about $0.0009976.
Based on the current rate, you could get 1,002.44 SYNC for 1 USD.
You can use our SYNC to USD calculator at the top of this page to convert any amount of SYNC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5,012.18 SYNC. Inversely, 5 SYNC will cost about $0.004988
SYNC Network is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy SYNC Network.
There are a number of crypto assets that have the a similar or comparable market cap to SYNC Network, including OpenLeverage, Hatom, and R2 Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to SYNC Network.
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