Sypher Finance
  • Introduction
  • Protocol Revenue
  • Earn Yield
  • Tokenomics
    • SYP Token
    • xSYP Governance Token
    • Token utilities
  • SYPHER DAO
    • DAO Proposals
    • DAO Treasury
  • Protocol Fee Structure
  • Tutorials
    • What is SLP
    • Perpetual Trading
    • DAO Tutorials
    • How to FLP liquidity
    • Platform risk
  • SECURITY AND CONTRACTS
    • Security and Audits
    • Smart Contracts
  • Links & Social Media
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  • How to Receive SYP
  • SYP Utility Token:
  1. Tokenomics

SYP Token

Token Dtails

  • Ticker: SYP

  • Max Supply: 1,000,000,000

  • Total Supply: Continually reduced via ‘SYP Deflationary Cycle’

  • Distribution: Fully under the control of the SYP DAO

  • Contract address: 0x000000000000000001

How to Receive SYP

  • Become a Liquidity Provider to earn SYP

  • Stake xSYP to get SYP

SYP Utility Token:

Fair Launch: The SYP token was launched with a commitment to fairness, with no private sales or seed rounds. This approach ensures that all participants have equal opportunities to engage with the platform.

How to Obtain SYP: You can acquire SYP through several methods, including:

  • Supplying SLP Liquidity: By providing liquidity to the SLP pool, you can earn SYP tokens as rewards.

  • Converting SYP to xSYP: You can also convert your existing SYP tokens into xSYP, with a 1:1 conversion rate.

Premium Account Benefits: Stake or burn SYP tokens to unlock premium account levels. These premium accounts offer several benefits, including:

  • Permanent Fee Reductions: Enjoy reduced fees based on your account level.

  • Early Feature Access: Get exclusive early access to new features on the platform.

  • Earnings Multiplier: Benefit from a multiplier effect on your SYP LP earnings.

  • Exclusive Participation: Gain access to unique raffles, events, and promotions within the Fluent Finance ecosystem.

These mechanisms not only allow users to acquire SYP but also encourage active participation in the ecosystem, promoting both liquidity and governance engagement.

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Last updated 1 month ago