Synonym Launches Cross-Chain Yield Strategy Series with Scroll Integration
Synonym Launches Cross-Chain Yield Strategy Series with Scroll Integration
馃幆 Cross-Chain Yield Just Leveled Up
By Synonym Finance
Oct 31, 2024, 3:17 PM
Photo by Synonym Finance
Synonym introduces its Ecosystem Strategy Series following the Optimistic Finality upgrade, enhancing cross-chain yield strategies. The first feature highlights Scroll x Ethena Labs integration.
Key points:
- New 4-step yield strategy combining Renzo, Synonym, Scroll, and Ethena
- Users can earn multiple rewards: $SYNO, Renzo points, Scroll Marks & sUSDe yields
- Strategy works with various liquid staking options (Lido, ether.fi)
- Upcoming Solana integration will expand strategy options
The platform's hub and spoke architecture enables users to maintain collateral on their preferred chain while accessing yields across ecosystems.
With our recent Optimistic Finality upgrade, cross-chain yield strategies are now faster and more secure. This is the 1st entry in our Ecosystem Strategy Series, highlighting strategies across all 5 of our connected ecosystems. Today's highlight: @Scroll_ZKP x @ethena_labs 馃摐
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