SynLev Exchange Update: Hiring, Sales, UNIV2 Staking, and more…

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 and excited to keep building the platform. We wanted to outline what users can expect in the near future.

SynLev is Hiring!

We have grown very quickly and need more team members to help keep project momentum. We are currently looking for: Solidity developer, web developer(with web3 experience), and a pr/marketing/business hybrid position. We will be posting formal team position descriptions shortly but if you want to work with us email apply@synlev.com with a resume and how you think you could benefit the project.

SYN Public Sale

Starting 23 Dec 18:00 (UTC) we will be selling 2 million SYN tokens. For more info see our token allocation update and sales announcement.

UNI-V2 Token Staking

We are working to implement a system in that allows users to stake their SYN/ETH UNI-V2 tokens to earn ETH fees in the same way that SYN stakers earn fees from SynLev trading fees. Allowing users to stake their SYN while simultaneously providing Uniswap liquidity.

Price Calculation Contract Upgrades

We are working on a large update that will overhaul how the price calculator and vault helper contracts function. With the goal of improving: gas costs, sensitivity to rapid price changes, the bonus/penalty system, and introducing an advantage to liquidity providers.

New Asset Listings

The community has spoken we will be listing a 3X YFI/USD asset pair shortly, followed shortly after by a 3X LINK/USD asset pair. Stay tuned for exact dates.

Defi Synthetic Leveraged token ecosystem built on Ethereum and Chainlink oracles