Synapse Network is a cross-chain launchpad possessing its very own Venture Capital that helps other projects and supporting projects. Synapse has just released a new flexible staking system that is aimed to assist investors make extra money in a simple, practical, and easy manner.
What are the main things that Synapse offers?
Before diving into the staking solution, it is firstly important to understand what else Synapse offers. Synapse Network’s Technology Labs services feature one of the most powerful anti-bot solutions available, staking and vesting technology, apps focused around Web 3.0, providing aid with smart contracts, digital currencies, NFTs, and more. Synapse is hence a major technical centre which caters to the needs of investors, projects, and enterprises on a large scale.
As if that weren’t enough, Synapse Network also recognizes the value of having an entirely decentralized financial system that is not mediated by any intermediaries. As such, the fundamental slogan of Synapse Network is “Join the financial revolution, #BeTheDeFiance.”
A flexible staking solution
With the advent of a new ‘Flexible Gamified Staking’ approach, Synapse moves one step further with regards to community solutions. The main assumption was to pay attention to community opinion on how the staking process ought to look. As a result, the process will involve long-term, multi-level benefits for stakers with growing staking length and protection against inflation, in addition to suitable payouts based on staking time. The solution will also attempt to reward individuals who have long been associated with the present system.
Furthermore, there will be several paths. The ‘High APR’ path raises APR at the cost of allocation size, the ‘High Allocations’ path raises allocation at the cost of APR, the ‘Balanced path’ raises both APR and allocation size, and the ‘Only Allocations’ path is meant solely for allocations.
Every path will have a number of levels which can be reached each staking month, with staker benefits increasing with each level. Essentially, the longer a user remains with Synapse Network, the better and more interesting the advantages become, allowing users to pick the optimal route based on their particular requirements and interests.
Synapse aims to impress
Synapse Network collaborates with a number of oracle systems as well as some of the market’s major projects, with plenty of legal supporters who are experts in the fields of crypto and blockchain. Synapse also readily cooperates with many notable brands which occur within the crypto ecosystem. Regarding achievements, the team has over 20 years of hands-on expertise in a range of relevant sectors and has successfully developed one of the largest cross-chain launchpad in the entire crypto industry. The team has also included the ‘Ramp’ fiat payments barrier, allowing customers to contribute rapidly using their Revolut payment card or account.
Regarding future goals, the team will concentrate on bringing the next phases of the financial revolution to users and companies as well as providing new options for launchpad users such as yield farming. Customers will be able to earn more slots by participating in social media activities, and Synapse Network will also create a new website in the near future. Overall, Synapse Network is well worth investigating as the new staking method seems to dazzle the crypto, blockchain and DeFi sector.