Synergy Diamonds Coin Review : Is It Good Or Bad Coin Read Our Article

About Synergy Diamonds Coin

Synergy Diamonds Coin aim is to provide solid financial opportunities that slowly expand to encompass an empire of options that support your day-to-day living. They are a team of blockchain developers, enthusiasts, and businesspeople who have come together to make a new and unique all-around platform. It will connect the virtual world with everyday life, using the Binance Smart Chain.

Synergy Diamonds Coin started as a tweaked Tomb fork. Now, your financial structure will be based firstly on Genesis Pools to attract and grow the community into your exciting new project. As it expands, Synergy will have complex features from other parts of business industries and real-life investment opportunities.

Synergy Diamonds Coin will become a multi-layered protocol with many utilities for native and partner tokens and offers unique hand-drawn NFTs with adjustable utilities as well. The goal is to connect Crypto with everyday living occasions.

Synergy Diamonds Coin Point Table

What “Burning” means

Magik Finance are offering deflationary burn vaults, that are similar to the other auto vaults in the way that they operate, but they’ve created a fee breakdown which deflates the underlying supply of the protocols they onboard. Their fees are similar to the other platforms, but instead of keeping 100% of the fee for their platform, they take half of that fee and use it to BUY and BURN underlaying tokens.

How Does It Work?

• You deposit any amount of BUSD to the pool.
• Upon depositing, 50% of the BUSD is used to purchase CRS.
• You gain a yield in DIA and BUSD while you wait with a dynamic APR based on the total amount funding the reward pool.
• You can withdraw at any time but may incur taxes based on the TWAP (see graph below).
• Deposits are disabled at 1 TWAPand no rewards are earned after 1 TWAP.
• Upon withdrawal, 50% of BUSD and CRS are made into LP. Any excess CRS from forming LP will be sent to the Treasury. It’s also important to know that you will get the exact value for your deposited BUSD (e.g. if you deposit 1000 BUSD you will receive $1000 worth of CRS/BUSD LP).

Risk Involved

• If the price of $CRS increases greatly over a short period of time, then it may be more profitable to hold $CRS instead of depositing them into this pool.
• If the price of $CRS stays under 1 TWAP for a long time, then depositors would have to stay in the pool in order to get back their initial deposit after considering the withdrawal fee.

NFTs

This collection reflects on the events of 2022 and how workers in your world are surviving war, Covid, fire, flood and famine. They are all unique in your societal roles, across all cultures. These individual portraits will inspire, shock, surprise and invoke many feelings. Most will make you smile. They are based on workers that serve, protect, fight, heal, support, entertain and show the resilience to carry on during uncertain times. They also show the re-emergence of businesses, sport, space travel and celebrations.

Why Choose Synergy Diamonds Coin?

Token Allocation

Basically, this method ensures that the more you commit to BIOTOP, the more partner tokens you will receive, and you’ll get back unspent tokens. Using the Overflow method, users can commit as much or as little CRS as they want to BIOTOP, and their final partner token allocation is based on the amount of funds they put in as a proportion of all funds put in by other users. This proportion is calculated at the end of the applicable sale. Users receive back any leftover funds when they claim their tokens after the sale.

Compound works

The vaults will then automatically harvest the farming rewards and sell them for the other tokens in LPs. Each time this is done, the vaults will reinvest these tokens into LPs and deposit the LPs back on the farm on behalf of the user. This means that each day, the user’s deposit will earn more tokens than the last. This is the concept of compound interest at work.

By automatically selling reward tokens earned on arbitrary farms, and reinvesting capital into more LP tokens deposited back into the farm, it will perpetually earn more and more rewards. DISC can achieve astronomical compound interest rates.

harvesting on deposit

Many of DISC vaults “Harvest on Deposit”. This means that when you deposit into the vault, you are also calling the harvest function of the vault’s strategy. By calling the harvest function, you trigger the collection of pending farm rewards and compounding those rewards back into the vault tokens for everyone.

How do LP vaults work

Liquidity pool (LP) vaults work by reinvesting the fees awarded to LP participants. In return for providing liquidity to the pool, many platforms reward investors with tokens. Your vaults regularly harvest these rewards, sell them, buy more of the LP’s underlying assets, and then reinvest to complete the cycle.

Power of Blockchain

Blockchains are next-generation, immutable, public-distribution ledgers. They are secured and validated by an entire network of computer servers. This system allows the information to be recorded without being hacked, or duplicated, making every piece of information unique, like your valuable assets.

Purpose Of Crypto

Cryptocurrencies are a new paradigm for money. Their promise is to streamline the existing financial architecture to make investing money faster and cheaper. Technology and architecture decentralize existing monetary systems, making it possible for transacting parties to exchange value independently of intermediary institutions such as banks.

Where Can You Buy Synergy Diamonds Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest WBNB/DIA. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WBNB/DIA And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Synergy Diamonds Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Synergy Diamonds Coin. Here Is Example Of Wallet Which Synergy Diamonds Coin – Trust Wallet For Hardware Ledger Nano.

Synergy Diamonds Roadmap

FAQ Of Synergy Diamonds Coin