Frequently Asked Questions
As defined by Investopedia, the annual percentage yield (APY) is the real rate of return earned on a savings deposit or investment taking into account the effect of compounding interest.
SyncDAO token holders would put forward a proposal of a new strategy and vote to make the decisions to resolve this issue. Perhaps they add other DeFi Products, or perhaps they change goose rules entirely. Who knows, the wisdom of SyncDAO will decide.
Users control the keys over their own Perpetual Vaults. They are just self-imposing a lock over their principal deposit to not be able to withdraw, while earning interest on the DeFi returns.
None. This is an unproven thesis, use the experimental technology at your own risk.
Some of the APYs are used to fatten the perpetual vaults and yields over time.
This is for pioneers, courageous users who want to build unstoppable income streams. However, you will be able to sell your Perpetual Vault Token (PVT), which is representative of your individual holdings, as it will be transferable.
It is a governance token that proposes and votes over proposals relating to SyncDAO and its products.
During DeFi’s Endless Summer 2021.
We do have a small allocation remaining. If you are interested in putting together a pool for this, please complete this Expression Of Interest Form and we will be in touch.
Join our Discord or our Facebook Group where will will be sharing all the info about how you can participate in SyncDAO.
IMPORTANT: Sync DAO Governance SDG token has not been released as yet. Do not engage with any imposter SDG. The Ethereum contract address will be displayed on syncdao.com closer to the launch.