Wissel SYNC Network SYNC om naar Scientia SCIE

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.

"We face a problem today. Science funding is organized nationally, slow, and bureaucratic. Furthermore, it is often controlled by government or large corporations and not the wider Community. SCIENTIA aims to work towards changing that. The ultimate aim of the project is to establish a trust owned by the SCIENTIA Community. The SCIENTIA Trust will support basic research in academia as well as new research-oriented companies. Uniquely, it will participate in research it funded through returns from funded projects. While establishing the Trust is the long-term goal of SCIENTIA, Science and the SCIENTIA Community can already benefit from SCIENTIA via its Token. The SCIENTIA Token is an innovative token that has entered the Crypto space in October 2021. It was launched on the Binance Smart Chain and has been available on secondary markets since November 2021. SCIENTIA Token operated as an elastic supply token for much of its history, but has stopped rebasing at the beginning of 2022 due to a decision made by the SCIENTIA community. To support its goals, a transaction tax of 9.42% is applied to all transactions of the SCIENTIA Token. This transaction tax is split threefold. 3.14% go directly to the liquidity pool. The rest of the transaction tax is divided into 3 buckets: 2.09% go to science funding. At the end of each funding cycle a decision is made on the use of the science funding budget together with the SCIENTIA community. This could be a direct call for projects to be funded or funding via other funding agencies. 2.09% go towards buyback. This is where SCIENTIA returns to its holders, the SCIENTIA community over time. The final 2.09% go towards development and marketing to support the project further and can also be used to compensate the developers for their efforts. Please educate yourself about SCIENTIA and current project developments, for example in our Telegram group, our Medium Blog or our homepage, and only buy SCIENTIA Token if you fully understand it and want to support the idea of SCIENTIA and be part of the community. Do not speculate with SCIENTIA for profit as this is absolutely not its intention. Please also note that SCIENTIA is not an investment product."