Synapse Network is changing the conventional staking game through the release of its flexible gamified solution. As decentralized finance expands, users get more curious about ways by which they can earn passive income through staking. Due to this, Synapse Network came up with a revolutionary idea as to how its investors can also earn by staking in the ecosystem.
This revolutionary idea is referred to as the ‘Flexible Gamified Staking’ solution, and it emerged after proper listening to community needs, desires, and complaints. Synapse Network which is community-centric took to heart all complaints as to how staking should be done and the team came up with the best approach to staking. This solution offers protection against inflation, multi-level rewarding stackers with increasing stacking time, adequate rewards depending on time, and finally, rewarding people who have been with us longer in the current (aka “old”) staking.
Different paths, Different bonuses
The flexible gamified solution is made up of many versions of staking called paths. Each track has different bonuses. Stable increase path in which there is a steady increase in APR with each higher level (5% each) and a moderate multiplier of allocation points, Fast rewards paths which gives higher %APR of rewards compared to other tracks, but decreasing with each successive level, Extra allocations path with its Fixed 5% APR and high allocation multiplier, Epic allocations path which gives no APR, maximizing allocation, No allocations path which yields Highest APR, no allocation, high unstake cost, long decay time and lastly the Periodic tier in which there is no claiming of prizes during staking, periodic stacking, e.g., for 30 days.
Each path has multiple levels that can be achieved each staking month, and each level also increases the bonuses the staker gets. It’s a win-win for all, as the longer you are with Synapse Network, the bigger and more exciting bonuses await you, and you also get to choose the best path based on your needs and preferences.
To prevent bypassing of the reward system, each stake is counted separately, and the period and rewards — both APRs and multipliers for allocation points — are applied to it separately. In other words, the user will be able to choose multiple paths in parallel and be on various levels with different numbers of tokens.
This new staking solution also prioritizes new investors coming into the ecosystem and long-term investors as various incentives and opportunities have been set to triumph.
Why You Should Care About the Synapse Network
Synapse Network prides itself as one of the biggest cross-chain launchpads in the crypto ecosphere. Besides its cross-chain launchpad, it has its own Venture Capital, which supports other projects to collect capital and participate in projects as an early investor, a Technology Labs services which offer one of the best anti-bot solutions available in the market, vesting and staking technology, web 3.0 apps, helps with smart contracts, coins, and NFTs. To put it rightly, Synapse Network is a significant technology hub that meets the needs of investors, projects, and businesses.
It is powered by the vision of delivering genuinely decentralized finance that does not rely on the need for a third party.
It also breaks the gaps that once limited the full deployment of DeFi and is making DeFi accessible to ordinary people. Synapse Network has over 20 years of experience in tech building, project development, community management, infrastructural architecture, and logistics support. Its team comprises individuals who are the best experts in their fields. They have successfully built five startups, have a solid network of connections and partners, over 600k active community members, 16% followers growth, and a telegram community of over 122k people. Also, Synapse Network is recorded to have raised 15million for projects and has up to 59 participating projects. It has robust security that protects all members of the network, users and investors alike. It has a well-strtcutured roadmap that gives details of its plans. With Synapse Network, a new era for Decentralized finance is sure.
