The upgrades to SynLev price calculator and price aggregator contracts have been live for over 2 weeks. Based on real world testing we can confrim these changes counteract the effects of bots abusing the Chainlink oracle system and improve the SynLev exchange for both traders and liquidity providers. As such…
This is a short how to and explanation of how to stake your SYN/ETH Uniswap LP tokens for ETH rewards in addition to standard Uniswap fees. First it’s important to understand how normal SYN token staking works. Our new Uniswap LP program works in a very similar manner.
3XYFI/USD is now SynLev’s third asset release, our first being 3XETH/USD followed by 3XBTC/USD, both of which are powered by Chainlink oracles and have been trading successfully for over three weeks. We have learned a lot over the past few months with regards to implementation…
To celebrate the recent launch of SynLev’s thirds asset 3XYFI/USD we are holding a 2 week long trading competition with a total prize pool of 70,000 SYN. Once the competition begins a live leader-board will be hosted at synlev.com/competition.
Competition Period: 2021/1/15 12:00 to 2021/1/29 12:00 (UTC)
The top 11 addresses raked by effective 3XYFI/USD trading volume (in Ethereum) will share a pool of 70,000 SYN. The reward pool will be split among traders as follows.
First Place: 25,000 SYN
Second Place: 15,000 SYN
Third Place: 10,000 SYN
4th-11th Place: 2,500 SYN each
Join the official SynLev Telegram group chat to participate in the discussion and follow us on Twitter for the latest updates. You can also bookmark our official SynLev website to stay up to date.
Updated versions of the Synlev Price Calculator and Price Aggregator have been implemented on the Ethereum mainnet. Future price updates will now be handled by the new algorithm. For more information on these upgrades please see our previous blog post.
These changes are now live and implemented on both 3XETH/USD and 3XBTC/USD. Trade now at synlev.com/exchange.
Today we are introducing updates to the SynLev priceCalculator.sol and priceAggregator.sol contracts. The contracts are currently live Ethereum mainnet for testing and observation purposes only. They have been proposed to their respective proxies and must wait 48 hours before being fully implemented.
Happy new year to everyone! 2020 was a great year for SynLev and the DeFi space as a whole. And we want to make 2021 even better! Many know that I have been personally managing most aspects of the SynLev project from…
Our 3X BTC/USD LP rewards program ended yesterday, 23 Dec at 14:00 UTC. 500,000 SYN has been awarded to 165 addresses who provided 3X BTC/USD liquidity. All SYN was sent in the two transactions linked below.
The SynLev Exchange has been live for just over a month and in that time we have seen over 154,000 ETH in trading volume, 718 ETH fees paid to SYN stakers, and 15 million SYN staked in the Syn Staking contract. We are very happy with the progress we’ve made…