Synonym Finance
The universal cross-chain money market for DeFi Professionals. Seamlessly deposit, borrow and earn from any chain. Powered by Wormhole, Arbitrum, Pyth and Circle CCTP.
Integrations
Treasury Management Proposals Under Discussion
Mon 28th Oct 2024
Two significant treasury-related governance proposals are currently open for community input:
- **Latest Proposal (Oct 26)**: New discussion opened regarding management of current treasury assets
- **Earlier Proposal (Oct 15)**: Treasury redemption proposal seeking community feedback
Both proposals require thoughtful community participation and discussion. Community members are encouraged to:
- Review proposal details
- Share constructive feedback
- Participate in governance decisions
*Visit the forum links to join these important discussions that will shape the protocol's financial future.*
Synonym Launches Cross-Chain Yield Strategy Series with Scroll Integration
Mon 28th Oct 2024
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.
