SynLev

SynLev assets are deployed in pairs and are collateralized by both the ETH required to mint the tokens, the performance of the opposing asset, and liquidity providers. This system enables unique benefits. Foremost there is no need for an individual counterparty, the effective counterparty for a BEAR token is the entire equity of a BULL token and liquidity providers, greatly reducing counterparty risk. Token pairs are isolated, dramatic price movement cannot affect liquidity of the entire system. Assets do not rely on pooled shared collateral, there is no limit to the number of assets that can be minted. Assets always retain 100% liquidity.

The official SynLev ticker is “SYN” and trades under that name on all the exchanges where it has been listed. The designation “SYNLEV” is for CryptoCompare.com only.