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.

Synlev.com | Exchange | Telegram | Twitter

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.

Affected Contracts

Price Calculator Proxy: 0x80D129A01879422EB102c47Ed32DC6E8B123D05f

Price Calculator v1.3: 0x8B8BFCEDE1fAa498976437Da23a602789642B903

Price Aggregator Proxy: 0xb658E8680c1E1f148fb09cDbB3Bd0d58F9c14c00

Price Aggregator v1.3: 0x717584a1DC53DAFddE10b9819601A7082536E79e

Join the discussion on telegram at t.me/synlev. Follow us on twitter @SynLevDefi for the latest updates.

Chainlink Oracle Price Smoothing (100 Round)

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.

Goals of Upgrades

  • To increase long term LP share price.
  • Curb…

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.

0x96f471b8d3369cd605afd168803f90b288dc09256bf3f18e5aec65784e421f97

0xd331b42c279332243d912f7e76379065d93e840c9a2cce4cfd33b9de57bbe25e

Follow us on twitter @SynLevDefi and join our telegram group t.me/synlev for the latest updates.

SynLev

Defi Synthetic Leveraged token ecosystem built on Ethereum and Chainlink oracles

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