SyncDAO users can access the best of DeFi from one interface with one token. Referrers are rewarded in a permissionless way for introducing new users.
DeFi startup SyncDAO has announced that it will be partnering with MantraDAO to use their decentralized launchpad Zendit for their IDO.
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Through the use of Layer 2 solutions, Zendit will help SyncDAO reach a wider audience and introduce more users to the opportunity to participate in DAO governance, an exciting new development that is allowing people the opportunity to contribute in a meaningful way to the communities they choose to be a part of. MANTRA DAO’s use of proven Layer 2 scalability solutions will ensure that these services are fast and compatible between both projects.
“Working with a team that is focused on improving the whole space was super important to us, that’s why we chose to work with MANTRA DAO. Their objective to give financial control back to the people was philosophically aligned with our goals at SyncDAO and made it an easy choice to partner with them.” – SyncDAO Co-founder Paul Holland
“Launching SyncDAO on Zendit is a great opportunity for us to introduce our community to a DeFi solution that is sorely needed and has been missing in the space. The combination of SyncDAO’s Perpetual Vaults and their affiliate smart contract layer is a killer product”– MANTRA DAO Co-Founder John Patrick Mullin.
The partnership with MANTRA DAO is just one of several that the SyncDAO team is announcing ahead of its official launch.
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SyncDAO seeks to give new users a simple introduction to DeFi where they will ultimately be able to access the best of DeFi returns from multiple protocols from inside the SyncDAO interface, saving the user from understanding the complexities of multiple platforms.
With their unique Perpetual Vault architecture, users simply stake their Perpetual Vault Tokens (PVT) to choose the return they want to earn. Working with MANTRA DAO will serve to introduce a wider community to all the opportunities of decentralized finance as well.
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