Overview

Syncscale participants may utilize various different cryptocurrencies or digital assets in the Decentralized Barter System (DBS), which can supply higher liquidity and help to mint SYNU, the synthetic stablecoins.

Supplying assets such as cryptocurrencies or digital assets to DBS gives the users the ability to participate as a miner while maintaining the security of collateral in the protocol. All users with different digital assets are pooled into smart contracts so that users can withdraw their supply at any time when SYNU is being burned, given that the protocol is in favour of economic balance.