About SYNC and MX
SYNC Network is climbing, while MX Token is falling this week. The current SYNC to MX conversion rate is 0.0005737. Inversely, this means that if you convert 1 MX you will get 1,742.96 SYNC. The conversion rate of SYNC/MX has increased by 0.01% in the last hour (MX/SYNC decreased by 0.01%). In the last 24 hours, SYNC/MX grew by 0.27%, while MX/SYNC shrunk by the same amount.
The exchange rate of SYNC Network is increasing. The current value of 1 SYNC is 0.0005737 MX. In other words, to buy 5 SYNC Network, it would cost you 0.0028687 MX. Inversely, 1 MX would allow you to trade for 1,742.96 SYNC while 50 MX would convert to 87,148.12 SYNC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.1%. Meanwhile, in the last 24 hours, the rate has changed by 0.22%, which means that the highest exchange rate of 1 SYNC to MX was 0.0005745 MX and the lowest 24 hour value was 1 SYNC for 0.000572 MX. Last month, 1 SYNC was worth 0.0005701 MX. Today, it's up 0.63%. Looking back a year, SYNC Network has changed by 0.0003477 MX. That means that in a single year, the value of SYNC Network has grown by 39.4%.
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.
MX Token Market Stats
MX is the proof of rights and interests of MXC trading platform itself. Its total circulation is 3 billion constantly and never be added. MX holders can enjoy a series of rights and interests including asset appreciation, rebates on platform revenue, supervision, voting, etc. MX can be obtained in two ways: mining and buying.
Conversion tables
SYNC to MX values from Today at 4:20 am
0.5 SYNC = 0.0002869 MX |
1 SYNC = 0.0005737 MX |
5 SYNC = 0.002869 MX |
10 SYNC = 0.005737 MX |
50 SYNC = 0.02869 MX |
100 SYNC = 0.05737 MX |
500 SYNC = 0.2869 MX |
1,000 SYNC = 0.5737 MX |
MX to SYNC values from Today at 4:20 am
0.5 MX = 871.48 SYNC |
1 MX = 1,742.96 SYNC |
5 MX = 8,714.81 SYNC |
10 MX = 17,429.62 SYNC |
50 MX = 87,148.12 SYNC |
100 MX = 174,296.25 SYNC |
500 MX = 871,481.24 SYNC |
1,000 MX = 1,742,962.48 SYNC |
SYNC to MX over time
SYNC | Today | 24H 0.22% | 1M 0.63% | 1Y 39.40% |
|---|---|---|---|---|
0.5 SYNC | 0.0002869 MX | 0.0002862 MX | 0.0002851 MX | 0.0001738 MX |
1 SYNC | 0.0005737 MX | 0.0005725 MX | 0.0005701 MX | 0.0003477 MX |
5 SYNC | 0.002869 MX | 0.002862 MX | 0.002851 MX | 0.001738 MX |
10 SYNC | 0.005737 MX | 0.005725 MX | 0.005701 MX | 0.003477 MX |
50 SYNC | 0.02869 MX | 0.02862 MX | 0.02851 MX | 0.01738 MX |
100 SYNC | 0.05737 MX | 0.05725 MX | 0.05701 MX | 0.03477 MX |
500 SYNC | 0.2869 MX | 0.2862 MX | 0.2851 MX | 0.1738 MX |
1,000 SYNC | 0.5737 MX | 0.5725 MX | 0.5701 MX | 0.3477 MX |
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