# Welcome to SYNC Network

Official SYNC Network documentation, last updated on April 07, 2022.

## What's the SYNC Network Ecosystem?

The SYNC Network DAO was founded in the late summer of 2020 to incentivize and strengthen the liquidity behind decentralized exchanges using NFTs called CryptoBonds. Since then, several products have been developed and successfully launched, all powered by the SYNC token.

In October 2021, the Syncronauts DAO was born to build decentralized solutions for a better web3 experience, helping people suffering from restrictions and bans imposed by centralized players.

Together, the Syncronauts DAO builds and governs NeonRain, the community-owned, decentralized social NFT marketplace open for anyone and anything.

![](/files/w4hecke8MqF3WLvbKu7X)

The two DAOs each govern different parts of the SYNC Network ecosystem:

#### SYNC Network DAO

* [SYNC token](/sync-network/faq)
* [CryptoBonds](/sync-network/cryptobonds)
* [P2P Lending](/p2p-lending)
* [SYNC Network DAO treasury](/sync-network/sync-network-dao)

#### Syncronauts DAO

* [NeonRain](/syncronauts/neonrain-nft-marketplace)
* [Syncronauts DAO treasury](/syncronauts/syncronauts-dao)


# Important Links

Find all important links and resources related to the SYNC Network ecosystem in one place.

### SYNC Network DAO

[**CryptoBond Website:**](https://syncbond.com) Learn more about the revolutionary CryptoBond NFTs

[**SYNC Staking dApp:**](https://app.syncbond.com/) Create CryptoBond NFTs to stake and maximize your SYNC return

[**SYNC P2P Lending dApp:**](https://p2p.syncbond.com) Borrow and lend CryptoBond NFTs

[**SYNC Network DAO Snapshot**](<https://snapshot.org/#/cryptobond.eth >)**:** Read and vote on official SYNC Network DAO proposals

[**NFT Collection Lists:**](https://collectionlists.org/) A community-led initiative to improve discoverability, reputation and trust in NFT Collection lists

#### SYNC Token

[**CoinMarketCap**](https://coinmarketcap.com/currencies/sync-network)**:** Check the SYNC token on CoinMarketCap

[**CoinGecko**](<https://www.coingecko.com/en/coins/sync-network >)**:** Check the SYNC token on CoinGecko

[**Nomics:**](https://nomics.com/assets/sync2-sync-network) Check the SYNC token on Nomics

[**DEXTools**](https://www.dextools.io/app/ether/pair-explorer/0xfb2f545a9ad62f38fe600e24f75ecd790d30a7ba)**:** Check the SYNC token on DEXTools

[**1inch:**](https://app.1inch.io/#/1/swap/ETH/SYNC) Buy SYNC token using 1inch

### Syncronauts DAO

[**Syncronauts Website:**](https://syncronauts.io/) The official Syncronauts website

[**Syncronauts DAO Snapshot**](https://snapshot.org/#/syncronauts.eth)**:** Read and vote on official Syncronauts DAO proposals

[**Syncronauts DAO Treasury:**](https://dune.xyz/Rosco/Syncronaut-DAO-Treasury) The Syncronauts DAO Treasury run via Gnosis Safe

[**Syncronauts Rarity Checker:**](https://freshdrops.io/collection/0x505a12c23fdc8f80ca4a1a3000cd39636c927128) We've partnered with freshdrops as our first rarity checker

[**Genesis Syncronauts OS:**](https://opensea.io/collection/genesis-syncronauts) Buy Genesis Syncronaut NFTs on OpenSea

[**Genesis Syncronauts LR:**](https://looksrare.org/collections/0x505A12c23FdC8F80cA4a1A3000CD39636c927128) Buy Genesis Syncronaut NFTs on LooksRare

### Social Media

[**Discord:**](https://discord.gg/sync) Join and vibe with the SYNC Network community on Discord

[**Twitter (SYNC Network):**](https://Twitter.com/SYNCToken) Follow the official SYNC Network Twitter account

[**Twitter (Syncronauts):**](https://twitter.com/Syncronauts) Follow the Twitter account run by the Syncronauts community

[**Twitter (CryptoBond Bot):**](https://twitter.com/SYNCTOKENBOT) Track any CryptoBond activities

[**Telegram:**](https://t.me/SYNC_NETWORK) Join the official Telegram server

[**Reddit:**](https://Reddit.com/r/SyncNetworkOfficial) Engage with SYNC Network on reddit

[**Youtube:**](https://www.youtube.com/channel/UCrughVHRSQkRMfSHRnnz2BQ) Watch the latest live stream recordings on Youtube


# Syncronauts DAO

Learn all about the awesome Syncronauts and how you can become one yourself.

### Meet the Syncronauts DAO

In October 2021, the Syncronauts DAO was born to build decentralized solutions for a better web3 experience, helping people suffering from restrictions and bans imposed by centralized players.

**Together, the Syncronauts DAO builds and governs** [**NeonRain**](/syncronauts/neonrain-nft-marketplace)**, the community-owned, decentralized social NFT marketplace open for anyone and anything.**

![A Syncronaut floating around the Space Station No9.](/files/XA2W7yKWzQN0sOEZOA71)

By holding one or more of the [777 Genesis Syncronaut NFTs](https://opensea.io/collection/genesis-syncronauts), you’ll become a member of the Syncronauts DAO. This allows you to team up with other web3 enthusiasts and influence the future of the DAO by performing certain tasks and participating in governance decisions on how the Syncronauts Treasury funds will be used. This comes with several opportunities and benefits:

* **Community first:** Feel at home amongst experienced DeFi and NFT enthusiasts
* **Feature requests:** Propose new features and improvements for NeonRain
* **Real engagement:** Contribute actively and shape the DAO in your area of expertise
* **Shared fees:** Earn fees generated by the collectively created Syncronauts web3 solutions
* **Early access:** Enjoy future products emerging from the Syncronauts DAO
* **Partnerships:** Benefit from exclusive deals with our partners

### Get the Most by Joining the Syncronauts

By owning a Syncronaut NFT ([LooksRare](https://looksrare.org/collections/0x505A12c23FdC8F80cA4a1A3000CD39636c927128) or [OpenSea](https://opensea.io/collection/genesis-syncronauts)) you’ll get access to exclusive channels like the **Space Bar** located on our[ Discord server](https://discord.gg/sync). There we chat about ongoing proposals, newest developments and may share high-value insights, like “wen NeonRain”.

Follow our main Twitter account [SYNCTOKEN](https://twitter.com/SYNCTOKEN) and the community-run [Syncronauts](https://twitter.com/Syncronauts) to stay up to date.

{% embed url="<https://d33wubrfki0l68.cloudfront.net/6ca469d65c990f108bcf9eaab18e6828a66ff4fc/13931/content/videos/spacebar.mp4>" %}
The infamous Syncronauts Space Bar
{% endembed %}

### Behind the Scenes

To understand the thought process behind the Syncronauts, please read our fellow Syncronaut [Unchained Ninja](https://twitter.com/unchained_ninja)'s NFT Guide "[Key Elements of Successful NFT Collectibles Explained](https://unchainedninja.substack.com/p/key-elements-of-successful-nft-collectibles)".<br>


# The Beginning

Learn all about the launch of the Syncronauts.

### The Syncronaut Space Station Launched

On October 31, 2021 at 12pm UTC, the legendary Syncronaut Space Station opened its doors.

{% embed url="<https://d33wubrfki0l68.cloudfront.net/2924a33b46308cb2d3951f4cfb58be8b1c8d7cc4/55770/content/videos/syncronauts.mp4>" %}
The Syncronauts Space Station
{% endembed %}

The presale lasted 72h and everyone on the whitelist had the opportunity to buy two Genesis Syncronauts NFTs. All unclaimed NFTs then went on public sale, which started right after the presale closed. 57 Synchronauts NFTs were reserved for the DAO, including the creators.

One Genesis Syncronauts NFT cost 0.25 ETH + gas and a total of 777 Genesis Syncronauts are floating around in the Ethereum Blockchain space.

We've sold out in a couple of days during harsh market conditions. Therefore you can now find Genesis Syncronauts on the secondary markets like [LooksRare](https://looksrare.org/collections/0x505A12c23FdC8F80cA4a1A3000CD39636c927128) and [OpenSea](https://opensea.io/collection/genesis-syncronauts).

If you have further questions, make sure to join our [Discord server](https://discord.gg/sync) and ask right away.


# NeonRain: NFT Marketplace

Learn all about NeonRain, the NFT marketplace governed by the Syncronauts DAO.

### Enter NeonRain

**NeonRain is the community-owned, decentralized social NFT marketplace open for anyone and anything.**&#x20;

It’s a place where people come together and build strong bonds without restrictions. Ultimately, NeonRain’s future is shaped by the consensus of the DAO, and not by a management team.

* Governed by the [Syncronauts DAO](/syncronauts/syncronauts-dao)
* Powered by the [SYNC token](/sync-network/faq)
* Funded and under active development
* Beta is about to launch in a few weeks

### What Makes NeonRain Different?

A lot. We're combining proven methods with new ways to provide a better web3 experience for everyone.

#### NeonRain brings social interactions to NFT marketplaces

* Follow users and projects to track their activities
* Chat directly with other users on the marketplace
* Comment on any NFTs and collections
* Send updates only visible to specific NFT holders

#### NeonRain gives NFT artists what they deserve

* Personalize your profile page and highlight your favorite NFTs
* Increase your visibility using NeonRain’s [NFT launchpad RainDrops](/syncronauts/neonrain-nft-marketplace/coming-soon/raindrops-nft-launchpad)
* Build an additional income stream with NeonRain’s [referral system RainMaker](/syncronauts/neonrain-nft-marketplace/rainmaker-referral-system)
* Simply share your profile page and get rewarded every time a referred user trades

#### NeonRain focuses on next-level user experience

* NeonRain is chain agnostic and starts with Ethereum, Arbitrum, and Polygon \
  (With PulseChain, Optimism, Flow, and more to follow)
* Browse NFTs on different blockchains without switching networks
* Benefit from features and improvements based on community feedback
* Unlock achievement badges by interacting with NeonRain's [RainProof](/syncronauts/neonrain-nft-marketplace/coming-soon/rainproof-achievements), similar to Superhosts from AirBnB
* Protect yourself from impersonating scammers as they don’t have your badges

#### NeonRain is DAO owned and governed since day zero

* Own at least one of the [777 Genesis Syncronaut NFTs](https://opensea.io/collection/genesis-syncronauts) to become a DAO member
* Earn on the revenue generated by the marketplace, as 100% goes back to the DAO
* Create the NFT marketplace you wish for by proposing and voting for new features

*Please be aware that not every feature will be available at launch. They’ll be added over time, based on community demand.*


# RainMaker: Referral System

Earn 20% of the marketplace fees whenever a referred user trades. Forever. Fully automated.

We take **community first** seriously by sharing our marketplace trading fees with the community. So how does that work?

With NeonRain's revolutionary referral system, we've created a new way for our users to earn crypto. Your NeonRain profile link will act as a referral link, and you'll receive 20% of the 2% marketplace fees whenever a referred user trades. Forever. Fully automated and built into our Smart Contract. NeonRain will drop rewards into your wallet instantly upon trade.

### Share Your Profile and Earn Rewards

It's super simple to participate! Once you are on the NeonRain website, you'll only need these three steps:

1. Connect your wallet
2. Setup your profile
3. Share your profile

For each new user visiting NeonRain and making a trade, our Smart Contract will know that you've referred that user. So for every future trade by this user, you'll get 20% of the trading fees directly dropped into your wallet in real-time.

### How to Get the Maximum

The way the system is built, there's no theoretical maximum. The more new users you refer, the more you'll earn every time they trade. Imagine you refer a well-known big collector or many new users; that will make it rain for you. Follow these tips to maximize your profit:

<details>

<summary>As a community leader</summary>

You'll love our vision of a decentralized future, giving power back to the people. With NeonRain, we are providing a decentralized NFT marketplace tailored to the needs of artists and collectors, empowering them to generate more revenue with a fair and automated system. NeonRain is a virtual home without boundaries, open to anyone and anything. Do you vibe with this? Create your profile, invite the community and start earning together.

</details>

<details>

<summary>As a project founder</summary>

You'll want to launch your project on NeonRain using [RainDrops](/syncronauts/neonrain-nft-marketplace/coming-soon/raindrops-nft-launchpad), and our referral system will be your long-term rewards generator. Usually, projects earn in two ways: primary and secondary sales. However, with NeonRain's referral system, we add a third opportunity, which is not limited to your project's sales. Each new user you bring to NeonRain will generate rewards for you whenever they trade, whether they buy your NFTs or any other. Fully automated. Forever.&#x20;

&#x20;

</details>

<details>

<summary>As an artist</summary>

Create a new collection and launch it exclusively on NeonRain to attract collectors and get them as new users. You will earn on every trade they do, whether it's your artwork or someone else's. This way, you will build an additional income stream and no longer have to rely only on your direct art sales.

</details>

<details>

<summary>As a collector</summary>

All your NFTs will be displayed on NeonRain, regardless of where you got them. Finally, no more platform hopping! Share your profile link and invite your fellow art aficionados to your new home on NeonRain and earn whenever they trade.

P.S. virtual gallery integrations are coming soon!

</details>


# Your Collection on NeonRain

Bring your new and existing collections to NeonRain in a few simple steps.

Most of us have existing collections across multiple platforms. With NeonRain, you can import these collections and display them all together. So, no more platform hopping is required to discover your entire collection!

### Import your existing collection to NeonRain

Once you are on the NeonRain website, follow these steps:

1. Connect your wallet (make sure it's the wallet you've used to create your collection)
2. Open the menu and click on "Update Existing Collection"\
   ![](/files/tOj9X4IlJ8ucBz2kOmzs)
3. On the create page, click on "Register it on NeonRain"\
   ![](/files/uYOFeQ2cTjLHUOJ2V5vu)
4. On the register/claim collection page, enter [your collection's Smart Contract address](#how-to-get-your-smart-contract-address) and click on "Find"\
   ![](/files/6xx1qxygYvfEMdTEkKwu)
5. This will check your collection, and if there are no red marked errors, click once on "Register" to import your collection\
   ![](/files/C183kKYd6VX1TMMhUUMO)
6. Depending on the size of your collection, it may take a short moment until you get the confirmation\
   ![](/files/TXyBUAz3y34InpA1zAap)
7. To present your collection in the best way on NeonRain, click "[update the collection details now](https://neonrain.io/collection/update)"
8. On the "Update Collection" page, add as many details as possible to make your collection appealing to others, increasing the chance of getting sales
9. After clicking "Submit" or "Update", you'll get a signature request and a transaction if you set/change the royalties. After a short moment, your collection page will load
10. Congratulations, you've successfully imported your collection to NeonRain!

### How to Get Your Smart Contract Address

If you didn't mint using your own Smart Contract and therefore don't know your Smart Contract address, you can get it using a blockchain analysis tool like Etherscan. There are multiple ways to get there. Here's an example using Foundation.

1. Open your collection page on Foundation
2. Click on any artwork from the collection
3. Scroll down to "Details" and click on "View on Etherscan"\ <img src="/files/wNAnCkKAdxXE0IFWDFiq" alt="" data-size="original">
4. Copy the Smart Contract address by clicking the copy-paste icon\ <img src="/files/R7MV9U2R4z0sOK9AcYyJ" alt="" data-size="original">
5. Follow the steps above to [import your existing collection to NeonRain](#import-your-existing-collection-to-neonrain)

> Remember to bring your community to NeonRain as you'll benefit not only from your direct sales, but also from any trades made by your referred users. How does it work? [Learn more about RainMaker here](/syncronauts/neonrain-nft-marketplace/rainmaker-referral-system).


# NeonRain FAQ

Find answers to the most frequently asked questions about NeonRain.

<details>

<summary><strong>How can I join NeonRain?</strong></summary>

It's simple. Go to the website, connect your wallet, create and personalize your profile and build a following. Everyone is free to join; there is no gatekeeping, no signup process, or KYC. NeonRain is fully decentralized.

Connect your wallet and create an account. It's as easy as that.

</details>

<details>

<summary><strong>Can my collection be taken down like seen on Opensea?</strong></summary>

NeonRain is a decentralized platform, so users are responsible for what they do and buy. Of course, we need to remove illegal things (like harming children, terrorism, etc.), but there are no restrictions. Responsible for removing harmful and illegal NFTs is a group of people from the DAO, so it's also a decentralized process.

</details>

<details>

<summary><strong>Will there be a specific marketplace token?</strong></summary>

You won't need a specific token to use NeonRain. However, you can use the [SYNC token](/sync-network/faq) to unlock specific features on NeonRain and get discounted prices on our [NFT Launchpad RainDrops](/syncronauts/neonrain-nft-marketplace/coming-soon/raindrops-nft-launchpad).

The token you receive after an NFT sale depends on the token for which the NFT was sold. Your payment transfers instantly, with no time delay.

</details>

<details>

<summary><strong>Will there be multichain support?</strong></summary>

Yes, NeonRain will support multiple chains. At launch, this will be Ethereum, Arbitrum and Polygon. We'll add PulseChain once it's launched, and we're looking into other chains too.

On other platforms, you switch networks in Metamask, which switches the collection on the marketplace. Or it's all clustered in one view with little icons for different chains.

NeonRain is taking a different approach: There will be tabs you can use to switch between chains without changing networks in Metamask. Switching the network in Metamask is required only for buying, bidding, and transferring.

</details>

<details>

<summary><strong>What are NFT Collection Lists?</strong></summary>

Collection lists are decentralized lists of projects/collections that improve trust in the NFT space. Think about it as lists of trusted collections. Collection lists align with our decentralized approach because independent people worldwide can create and maintain their own lists.

Here are two scenarios to explain how useful they will be:

**Scenario 1: You want to buy a Syncronaut**

You search for "Syncronauts" on all existing marketplaces and find a few collections. Only one of them is the real, trusted one. The other collections are scams. How do you know which collection is the real one?

On NeonRain, you may find a few Syncronaut collections too, but only one is in the official "SYNC collection list". It may as well be in a list called "DAOs" and in another one called "Community lead projects".

The more lists a collection appears on, the higher the authenticity score. So as an artist, you want your collections to be on reputable lists to reach a higher trust level. However, it's essential to understand that we can't prevent fraudulent lists as it is a decentralized marketplace; it's up to the user to decide what lists to trust.

**Scenario 2: You want to look for landscape photography NFTs**

How do you find such collections?

On NeonRain, artists will be able to add their collection to lists and add specific tags like "landscape photography". In addition, you'll be able to browse the marketplace by selecting specific lists and/or tags to find what you're looking for.

As the Syncronauts DAO, we are working towards establishing [NFT Collection Lists](/nft-collection-lists) as a standard in the NFT space because it increases discoverability, authenticity and trust.

</details>

<details>

<summary><strong>How can I create a NFT Collection List?</strong></summary>

If you are a partner platform with many collections in one list that should be updated automatically, you will need coding experience to implement it. There is solid documentation, and it takes one developer just a few hours to create a large updateable list.

We are looking to have a simple tool that supports the process of creating small lists for individuals.

</details>

<details>

<summary><strong>If I want to create a NFT Collection List, will I have to start from scratch?</strong></summary>

You can "fork" a collection list. You can use an existing list and basically copy & paste collections (contract addresses) to your list.

</details>

<details>

<summary><strong>Will artists be able to add themselves to collection lists?</strong></summary>

The creator of a list can add/delete anyone they want to their list. An artist can create their own list but cannot simply add their collections to any list themselves.

</details>

<details>

<summary><strong>What are the social aspects of NeonRain?</strong></summary>

You will be able to build a following and send posts to specific groups like your followers or holders of your NFTs. So Discord or Twitter is no longer required to stay up to date for holders. This way, artists and large collections can reach all their holders via one platform.

NeonRain will also have a comment feature where you can leave your thoughts on an NFT or chat with others about it.

</details>

<details>

<summary><strong>What is the comment feature on NeonRain?</strong></summary>

We believe that the deeper conversation around art is missing in the current space. Collectors want to share their views and explore art with others. On NeonRain, everyone can leave a comment on an NFT, which allows actual conversations around the art.

* Follow conversations/threads to stay up to date.
* Up- or downvote comments, so the most helpful ones stay on top, and trolls hit the floor.
* Disable comments if you don't want to show them on your NFT.
* Comments transfer along when the NFT changes the owner.

</details>

<details>

<summary><strong>What about user profiles on NeonRain?</strong></summary>

Your profile on NeonRain will be customizable. You can share all relevant information about you and your art and showcase your favorite NFTs on your profile. Your NFT collection will be more organized; not everything gathered in one screen like it's done on other marketplaces.

</details>

<details>

<summary><strong>How can I tell a collection/artist is trustworthy?</strong></summary>

With [RainProof](/syncronauts/neonrain-nft-marketplace/coming-soon/rainproof-achievements), users (profiles) will be able to collect badges for specific activities like the number of sold items, transaction volume, sweeping the floor, and many other things.

This way, you can see the achievements of a user/artist/collection and tell if they are trustworthy. A scammer wouldn't have the badges, so you could easily spot them.

The second attempt to bring more trust to the NFT space is are [NFT Collection Lists](/nft-collection-lists), which you can find above.

</details>

<details>

<summary><strong>How to search for collections on NeonRain?</strong></summary>

Users will be able to browse the marketplace by selecting specific NFT Collection Lists or searching by tags like "landscape photography". The search function includes tags, as long as they are provided within the selected NFT Collection Lists.

Also, NeonRain's statistic page will show the trading activity of specific tags (not a day one feature).

</details>

<details>

<summary><strong>How can artists be discovered on NeonRain? What is RainDrops?</strong></summary>

RainDrops is a NFT Launchpad that helps you launch your NFT collection and add it to the official RainDrops Collection List. The Syncronauts DAO community will check and approve collections that applied for RainDrops. Once your collection gets approved, users can see it in the RainDrops calendar as an upcoming drop. This will help you gain visibility and kickstart your new collection. Additionally, we'll provide options to promote your art.

</details>

<details>

<summary><strong>What is the referral system RainMaker?</strong></summary>

A: Earn crypto simply by sharing your profile link and get rewards from every referred new user whenever they trade - for life.

Your NeonRain profile link also acts as a referral link. That means we reward you for bringing new users to NeonRain. You'll get 20% of the 2% platform fees whenever a referred user trades. And it won't stop here! Once you've brought a new user, this will be locked into our system, and you'll earn on every subsequent trade. Forever.

* Fully automated through Smart Contracts
* NeonRain will drop rewards into your wallet instantly upon trade
* Received token depends on what was used for the trade

You will see real-time updates on referred users and earned rewards on your personal dashboard.

We believe that the referral structure has massive potential: for example, artists can put their NeonRain profile link on their Twitter bio and build another income stream from referral trades.

</details>

<details>

<summary><strong>How can I add my collections to NeonRain?</strong></summary>

It's as simple as copying & pasting the contract address to your NeonRain user profile to claim ownership of your collection. Single NFTs in your wallet are detected when connecting your wallet and can instantly be listed on NeonRain.

</details>

<details>

<summary><strong>What Smart Contracts can be used on NeonRain?</strong></summary>

All ERC 721 and 1155 compatible NFTs should work.

For example, collections generated on Manifold are standard and will work with no problem.

</details>

<details>

<summary><strong>Will there be a lazy minting option (no gas) on NeonRain?</strong></summary>

Lazy minting on OpenSea is based on a Smart Contract which is not approved. We basically have no idea what they are doing. Buying an NFT that has been lazy minted costs more fees. The minting cost is pushed to the buyer's side; that's how it gets cheaper for the artist.

We don't think this is fair, and it also may result in a lot of spam NFTs, so we won't support a lazy minting feature on NeonRain. But we will support Arbitrum with very low gas fees. That way, artists can have a very cheap entry.

</details>

<details>

<summary><strong>Will NeonRain support dynamic/animated NFTs?</strong></summary>

Yes, full support. If you have dynamic NFTs in your wallet they will automatically show up on NeonRain.

</details>


# Terms of Service

NeonRain's Terms of Service are currently being created.

Follow us on [Twitter](https://twitter.com/SYNCTOKEN) and join [Discord](https://discord.gg/sync) to be notified when we publish this page.

ok now I can


# Privacy Policy

Privacy Policy for NeonRain.io

At NeonRain, accessible from <https://neonrain.io>, one of our main priorities is the privacy of our visitors. This Privacy Policy document contains types of information that is collected and recorded by NeonRain and how we use it.

If you have additional questions or require more information about our Privacy Policy, do not hesitate to contact us.

This Privacy Policy applies only to our online activities and is valid for visitors to our website with regards to the information that they shared and/or collect in NeonRain. This policy is not applicable to any information collected offline or via channels other than this website. Our Privacy Policy was created with the help of the [Free Privacy Policy Generator](https://www.privacypolicygenerator.info/).

### Consent

By using our website, you hereby consent to our Privacy Policy and agree to its terms.

### Information we collect

The personal information that you are asked to provide, and the reasons why you are asked to provide it, will be made clear to you at the point we ask you to provide your personal information.

If you contact us directly, we may receive additional information about you such as your name, email address, phone number, the contents of the message and/or attachments you may send us, and any other information you may choose to provide.

When you register for an Account, we may ask for your contact information, including items such as name, company name, address, email address, and telephone number.

### How we use your information

We use the information we collect in various ways, including to:

* Provide, operate, and maintain our website
* Improve, personalize, and expand our website
* Understand and analyze how you use our website
* Develop new products, services, features, and functionality
* Communicate with you, either directly or through one of our partners, including for customer service, to provide you with updates and other information relating to the website, and for marketing and promotional purposes
* Send you emails
* Find and prevent fraud

### Log Files

NeonRain follows a standard procedure of using log files. These files log visitors when they visit websites. All hosting companies do this and a part of hosting services' analytics. The information collected by log files include internet protocol (IP) addresses, browser type, Internet Service Provider (ISP), date and time stamp, referring/exit pages, and possibly the number of clicks. These are not linked to any information that is personally identifiable. The purpose of the information is for analyzing trends, administering the site, tracking users' movement on the website, and gathering demographic information.

### Cookies and Web Beacons

Like any other website, NeonRain uses 'cookies'. These cookies are used to store information including visitors' preferences, and the pages on the website that the visitor accessed or visited. The information is used to optimize the users' experience by customizing our web page content based on visitors' browser type and/or other information.

### Advertising Partners Privacy Policies

You may consult this list to find the Privacy Policy for each of the advertising partners of NeonRain.

Third-party ad servers or ad networks uses technologies like cookies, JavaScript, or Web Beacons that are used in their respective advertisements and links that appear on NeonRain, which are sent directly to users' browser. They automatically receive your IP address when this occurs. These technologies are used to measure the effectiveness of their advertising campaigns and/or to personalize the advertising content that you see on websites that you visit.

Note that NeonRain has no access to or control over these cookies that are used by third-party advertisers.

### Third Party Privacy Policies

NeonRain's Privacy Policy does not apply to other advertisers or websites. Thus, we are advising you to consult the respective Privacy Policies of these third-party ad servers for more detailed information. It may include their practices and instructions about how to opt-out of certain options.

You can choose to disable cookies through your individual browser options. To know more detailed information about cookie management with specific web browsers, it can be found at the browsers' respective websites.

### CCPA Privacy Rights (Do Not Sell My Personal Information)

Under the CCPA, among other rights, California consumers have the right to:

Request that a business that collects a consumer's personal data disclose the categories and specific pieces of personal data that a business has collected about consumers.

Request that a business delete any personal data about the consumer that a business has collected.

Request that a business that sells a consumer's personal data, not sell the consumer's personal data.

If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us.

### GDPR Data Protection Rights

We would like to make sure you are fully aware of all of your data protection rights. Every user is entitled to the following:

The right to access – You have the right to request copies of your personal data. We may charge you a small fee for this service.

The right to rectification – You have the right to request that we correct any information you believe is inaccurate. You also have the right to request that we complete the information you believe is incomplete.

The right to erasure – You have the right to request that we erase your personal data, under certain conditions.

The right to restrict processing – You have the right to request that we restrict the processing of your personal data, under certain conditions.

The right to object to processing – You have the right to object to our processing of your personal data, under certain conditions.

The right to data portability – You have the right to request that we transfer the data that we have collected to another organization, or directly to you, under certain conditions.

If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us.

### Children's Information

Another part of our priority is adding protection for children while using the internet. We encourage parents and guardians to observe, participate in, and/or monitor and guide their online activity.

NeonRain does not knowingly collect any Personal Identifiable Information from children under the age of 13. If you think that your child provided this kind of information on our website, we strongly encourage you to contact us immediately and we will do our best efforts to promptly remove such information from our records.


# Coming Soon

Nothing to see here, just a placeholder for coming soon pages.


# RainDrops: NFT Launchpad

Learn all about RainDrops, NeonRain's NFT launchpad.

Follow us on [Twitter](https://twitter.com/SYNCTOKEN) and join [Discord](https://discord.gg/sync) to be notified when we publish this page.


# RainProof: Achievements

Learn all about RainProof, NeonRain's achievements and badges system.

Follow us on [Twitter](https://twitter.com/SYNCTOKEN) and join [Discord](https://discord.gg/sync) to be notified when we publish this page.


# SYNC Network DAO

Learn all about the SYNC Network DAO.

The SYNC Network DAO was founded in the late summer of 2020 to incentivize and strengthen the liquidity behind decentralized exchanges using NFTs called CryptoBonds. Since then, several products have been developed and successfully launched, all powered by the SYNC token.

Following parts of the SYNC Network ecosystem are governed by the SYNC Network DAO:

* [SYNC token](/sync-network/faq)
* [CryptoBonds](/sync-network/cryptobonds)
* [P2P Lending](/p2p-lending)
* SYNC Network DAO treasury

CryptoBond owners have the power to shape the future of the SYNC Network DAO by proposing new ideas and voting actively.


# SYNC Token

Learn all about the SYNC token, the fuel for our ecosystem.

{% hint style="info" %}
Please note: these are the tokenomics based on when SYNC Network launched In 2020. We'll update the tokenomics to include NeonRain, as SYNC plays an integral role in the upcoming NFT marketplace.
{% endhint %}

### **What Is SYNC?**

SYNC is an ERC-20 cryptocurrency and NFT financial primitive that ‘bonds,’ or locks Uniswap liquidity pairs against SYNC tokens to make a tradable ERC-721’s (NFTs) called a ‘CryptoBond.’&#x20;

In traditional finance, bonds are fixed-income securities issued by governments/corporations to investors who provide money/capital for loans that help finance projects or operations. Security bonds are essentially an ‘I.O.U.’ that details the principal amount paid, the term and length of the bond, and establishes a fixed or variable rate of interest paid out to the investor.

The benefit of having a bond is that you get your principal amount returned plus interest, which is similar to how a CryptoBond works (which we will get into further down). One key differentiator between a DeFi CryptoBond and a traditional one is that you can sell your CryptoBond any time you want on an NFT marketplace like  Neon Rain (coming soon), [Rarible](https://rarible.com/cryptobonds), [LooksRare](https://looksrare.org/collections/0xC6c11F32D3ccC3BEaac68793bC3BFBe82838ca9F), etc.

The SYNC Network aims to bring stability and risk mitigation to the decentralized finance (DeFi) ecosystem by providing long-term staking, which we think will help serve as the backbone for liquidity pools like Uniswap in the future.

### What Is the Total Supply of SYNC?

You can check the total supply of SYNC here: <https://tokenomics.syncbond.com/total_supply>, but the total supply is undefined.

The total maximum supply of SYNC tokens is theoretically uncapped due to inflationary and deflationary effects derived from the market’s organic use of SYNC CryptoBonds, i.e., the CryptoBond market determines the deflation and inflation of the total SYNC supply.

When a CryptoBond is created, the equal value of SYNC tokens is burned from the total supply.

### **Can I Stake My SYNC Tokens?**

Yes, although SYNC is not available for traditional standalone staking, our platform utilizes CryptoBonds as a unique asset containing Uniswap Liquidity Provider Tokens (LPT) paired with SYNC tokens at equal US dollar amounts.

By providing long-term liquidity to Uniswap, and incentivizing our community members over the long term, we aim to increase our member's holdings of SYNC via bond maturity and serve as a model financial primitive to help bring stability to the DeFi ecosystem.

### What Is the Total Inflation Rate of SYNC?

There is no defined inflation rate for SYNC. Even though maturing CryptoBonds are minting new SYNC tokens, the newly created CryptoBonds burn their SYNC to keep the token economy in balance.&#x20;

Using a sophisticated testing suite, we have modelled how this behaviour might look in the long term.

![](/files/-MShw0aHTRwaStdXg6bz)

### Can You Modify a Cryptobond Once Created?

No, once a CryptoBond is created it cannot be changed, altered, or canceled in any way.

### Can I See My Cryptobond After Creation in My Wallet?

Yes.

You are provided with a tradeable NFT CryptoBond that is not only rare but one-of-a-kind and collectible. CryptoBonds are completely unique and provide owners with a unique digital artwork representation.

You can customize your CryptoBond by lock-up period, and by visual rarity by using our [dApp](https://app.syncbond.com) to create your bond.

Upon CryptoBond creation, bonds can be viewed and are printable. Custom digital documents are created for easy viewership of these assets, showing all pertinent numerical information in an easy-to-view way.\
To learn more about NFT CryptoBonds, click [here](https://cryptogenik.medium.com/dextools-cryptobond-rarity-guide-f671dff4bc42).

### Where Can I Trade and Buy CryptoBonds?

CryptoBonds are an ERC-721 NFT contract and can be sold or bought on any NFT marketplace, e.g., LooksRare, Rarible, etc.

### How Are Sync Tokens Released to the Public?

All of the tokens have been released. You can buy SYNC tokens on Uniswap: \
<https://app.uniswap.org/#/swap?inputCurrency=0xb6ff96b8a8d214544ca0dbc9b33f7ad6503efd32&outputCurrency=ETH><br>


# CryptoBonds

Learn the most important about CryptoBonds quickly in a nutshell.

### CryptoBonds in a Nutshell

> SYNC Network incentivizes liquidity providers with tradable high reward-generating NFTs called CryptoBonds for locking up their liquidity pool tokens.

* **DeFi and NFTs United:** Maximize your financial opportunity via CryptoBonds, a brand new asset class that combines DeFi and NFT mechanics in a revolutionary way
* **True High-Value NFTs:** By locking your liquidity pool tokens and an equal amount of SYNC ERC-20 tokens, you’ll create a unique CryptoBond ERC-721 NFT that contains all said tokens
* **Long-Term Incentives:** Lock your liquidity pool tokens within a CryptoBond NFT between 90 days and 3 years, the longer the more SYNC rewards you’ll earn on top of your Uniswap fees
* **Tradable Locked Liquidity:** Your tokens are transparently locked into your CryptoBond NFT, which you can sell on an NFT market like Rarible or OpenSea at any time – and the rarity of the artwork may even add value
* **DeFi Lending Collateral:** Use your CryptoBonds as collateral in SYNC Network’s P2P lending platform, which allows you to get even more financial flexibility with your locked liquidity
* **Reap What You Sow:** Maturate your CryptoBond after the maturity date to mint SYNC rewards, collect included tokens and liquidity provider fees, and finally burn the CryptoBond in this process

{% embed url="<https://www.youtube.com/watch?v=mvo0iJI2vmc>" %}
Co-Founder CryptoGenik about SYNC Network and CryptoBonds.
{% endembed %}


# CryptoBonds Explained

Learn all the details about CryptoBonds.

{% embed url="<https://www.youtube.com/watch?v=mvo0iJI2vmc>" %}
Co-Founder CryptoGenik about SYNC Network and CryptoBonds.
{% endembed %}

### **What Is a CryptoBond?**

A CryptoBond is a Fully tradeable Financial NFT ERC-721 smart contract that locks liquidity on Uniswap.  The Network is composed of two main smart contracts: the SYNC ERC-20 contract, and the CryptoBond ERC-721 (NFT) contract. This is done by bonding (creating a CryptoBond) liquidity pair tokens with the corresponding dollar value of SYNC tokens at the current offered SYNC mining reward rate.\
\
They are called ‘bonds’ because they are minted by ‘bonding’ tokens representing the creators share of a decentralized liquidity pool (e.g., Uniswap ‘liquidity-tokens’) with an equally valued amount of SYNC until a specific pre-committed period of time (ranging from 90-days to 3-years) has lapsed (i.e., until it reaches ‘maturity’).

![The Anatomy of a CryptoBond NFT](/files/U5RuBwqdPLx9LmoBaOJo)

### **What Is Required to Build a CryptoBond?**

Building a CryptoBond takes equal value amounts of Uniswap Liquidity Provider Tokens (LPTs) from one of our whitelisted pairs and combines them (50/50 in value) with SYNC tokens, and lock them virtually into a tradeable ERC-721 Non-Fungible Token (NFT).

CryptoBonds are created by using a Web3 wallet like MetaMask via our Bond Builder. Our builder allows you to pair with SYNC tokens, choose your bond maturity (90/180/360/720/1060 days) and create your bond easily in our dApp.\
Click [here](https://docs.syncbond.com/guide/building-a-cryptobond) for an advanced guide on how to create a CryptoBond with Bond Builder.

### What Are the Different Types of CryptoBonds You Offer?

Simple CryptoBonds: are offered at 90-day; 180-day; 1; 2; and 3-year time duration's. \
Periodic CryptoBonds: Quarterly CryptoBonds that are only available for 1-, 2-, and 3- year bond lengths, and that are subject to a different reward rate because of their periodic behaviour. (More details provided in white paper [here](https://syncbond.com/wp-content/uploads/2020/12/sync_whitepaper.pdf)).

### What Is a Liquidity Provider Token?

Automated Market Makers (AMMs) like Uniswap can only function when crypto liquidity providers lend out their digital assets (like Ethereum and other ERC-20 tokens) into liquidity pools.&#x20;

Once these coins are deposited into Uniswap’s LPs, something called Liquidity Provider Tokens (LPTs) are automatically generated (minted) and given to the depositors/stakers. The LPTs represent LPs redeemable share of the liquidity pool trading fees.

When adding liquidity to the Uniswap exchange, you are required to add equal value to both tokens in the pair. In return for doing so, you receive a LPT. Transaction fees from the trading of that pair are then paid as dividends to LPs.

### What Happens if People Migrate Out of the Uniswap Liquidity Pool, or the Project Is Abandoned in the Future?

In the event of a liquidity migration caused by a Version 3 of Uniswap, or a general migration to another AMM or PMM, the liquidity locked in the CryptoBond will stay on Uniswap to maintain its relevance. Even if bonded liquidity only remains, the CryptoBonds still retain their locked value.&#x20;

However, if this sort of event does happen in the future, SYNC Network governance can hold a vote to be approved by SYNC holders for an approval to make code alterations to the oracle contract. Henceforth, leading the way for all future CryptoBonds to use other AMM/PMM LPTs, and other relevant platform/s.

### Should I Be Afraid of Impermanent Loss Over Such Long Periods of Time?

To understand impermanent loss, it is essentially the difference in price fluctuations of your locked/staked tokens, e.g., 1 ETH may be worth less than when you first staked it to Uniswap. For example, 1 token might be worth $500 when you staked your coins, but once you withdraw it might only be worth $350.

Luckily, there’s incentive to stake your tokens inside LPs like Uniswap. By staking your tokens you are rewarded with a share of trading fees collected and shared with the entire pool, i.e., earning interest on your staked coins to offset impermanent loss. \
Learn more about impermanent loss [here](https://academy.binance.com/en/articles/impermanent-loss-explained).

### Why Are Liquidity Provider Tokens Used Instead of Other Tokens?

LPTs represent a needed and utilized financial service that promotes fair, liquid, and decentralized finance (DeFi) markets. While single token lock-ups are good from a scarcity perspective, they provide little, to no financial support or services.

By basing our liquidity mining rates on supply and demand of CryptoBonded LPTs, it provides an incentive to lock liquidity for investors. With our single asset, 1-click liquidity feature, anyone can take their ETH, and with just one click can instantly receive USDC/WBTC LPTs back.

By taking this action it would place direct buying pressure on WBTC. And by creating a WBTC/USDC CryptoBond with these LPTs, you are guaranteeing these coins will not be removed from the pool until the CryptoBond is matured, thus, in theory, creating less selling pressure.

### How Are the Liquidity Mining Rates Calculated?

SYNC network balances itself through daily, self-correcting liquidity mining rates. Although CryptoBond mining rates change daily, a bonds reward rate is fixed and locked in when it is created.

There are 3 factors that affect the liquidity mining rates, including:

* Total supply of SYNC in the market
* Duration of the CryptoBond
* Total bonded amount of LPT

**BASE REWARD RATE**: This is the main driver of equilibrium that keeps SYNC going up and down, both inflating and deflating the currency.

![](/files/-MSho6RA7_hQLRDhw7XO)

**DURATION**: For the success of a stable SYNC, it is most desirable to lock up for longer periods of time, and also important to make sure compounding shorter-term CryptoBonds does not outperform bonds with longer duration's.&#x20;

We define the following equation where:&#x20;

![](/files/-MShoK3LvmRPfmayzCD1)

**LIQUIDITY PAIR INCENTIVE RATE**: In order to bring incentives to investors who create CryptoBonds with token pairs that are decreasing in bonded volume, an interest rate multiplier is performed.&#x20;

As more money is liquidated from a certain liquidity pair, we will attract users with bonus rates to reinvest into bonds with that liquidity pair.

![](/files/-MShuiFvrSnuq6q1RgFg)

### When Can I Collect Liquidity Mining Rewards on My CryptoBonds?

* Quarterly Returning CryptoBonds reward SYNC tokens every 90 days.
* Simple CryptoBonds lock the mining rewards for the duration of the CryptoBond.


# CryptoBonds Guides

Find several guides on how to interact with CryptoBonds.

{% content-ref url="/pages/-MMUfdAcmwyxA5hjQhyh" %}
[Building a CryptoBond](/sync-network/cryptobonds/syncbond/building)
{% endcontent-ref %}

{% content-ref url="/pages/-MWXViUrlm\_bm4d9YULG" %}
[Buying a CryptoBond](/sync-network/cryptobonds/syncbond/buying)
{% endcontent-ref %}

{% content-ref url="/pages/-MWWzeWQwO382CvEl0Kg" %}
[Selling a CryptoBond](/sync-network/cryptobonds/syncbond/selling)
{% endcontent-ref %}

{% content-ref url="/pages/-MWWr6vT2dbMFaTnhxDm" %}
[Maturing a CryptoBond](/sync-network/cryptobonds/syncbond/maturing)
{% endcontent-ref %}


# Building a CryptoBond

Building a CryptoBond takes equally valued amounts of liquidity token pairs from Uniswap and SYNC, then virtually locks them into an ERC-721 Non-Fungible Token (NFT)

**Visit our** [**dApp**](https://app.syncbond.com)

## Connecting your wallet

Select connect from the main menu and then chose your preferred Web3 wallet

![](/files/DK02zQvZKDVdEy2MTaWJ)

<div align="center"><img src="/files/-MMUXcUf6rw-igCNaYgE" alt="Supported Web3 Wallets"></div>

## Building a CryptoBond

On the top menu bar, hover over and select Bond Builder

![Sync Dashboard](/files/CqwG8BGNFNEi1fTYlBDK)

You will see pre-approved CryptoBond pairs. Select the pair that you would like to bond, and continue below  &#x20;

![](/files/HxWhDW1YpSM4WUr4YPfN)

![Approved CryptoBond Pairs "Add Liquidity"](/files/6w6DsrSdhVRJDoYUnKou)

### **Adding Liquidity**

Select the "+" option to add liquidity. A new window will take you to convert your assets to liquidity &#x20;

![Liquidity Conversion](/files/824DBKdbzPpOWvHPP9H7)

Under the **Amount of ETH to use**, input the desired amount from your total ETH holding. Once you have your desired amount, select **Convert ETH to Liquidity Tokens**

Your Web3 wallet will open requiring approval of the transaction.

Approve your transaction, once it is broadcasted on the network wait for an approved message and you can close the SYNC popup window.

### **Creating your CryptoBond**

Back on the Bond Builder tab, select **Stake** next to the pair you added Liquidity for

![Approved CryptoBond Pairs "Create Bond"](/files/EvSDd7IUuY9kjAJ8EwwO)

Once presented with a new window to create a CryptoBond, take a moment to look at your Uniswap LPT Balance and your SYNC Token Balance. Approve the use of your Pair Token

![CryptoBond Creation Dashboard](/files/4GtbqKd2clVqAgeRCvbJ)

When ready, under Amount of LPT tokens to bond, drag the meter to desired percentage of LPT you wish to lock up

{% hint style="warning" %}
**Notice**: With each change on the dashboard, the amount of SYNC required per percentage will increase going up and decrease going down.
{% endhint %}

![CryptoBond Creation Dashboard Lock Percentage %](/files/rPM89tg6pHG1j1khk5e0)

Once you have your desired amount select the **TERM LENGTH** that your CryptoBond will mature at (i.e 90/180/360/720/1060 days). &#x20;

![CryptoBond Creation Dashboard "Term Length"](/files/zFMzlHX7D0ZbbcssaNhK)

Select **Create CryptoBond**, your Web3 wallet will open requiring approval of the transaction.

Approve your transaction, once it is broadcasted on the network wait for an approved message and you can close the SYNC popup window.

**You have now created a CryptoBond** :tada:&#x20;

{% hint style="info" %}
**Note**: CryptoBonds are ERC-721 Non-Fungible Token's and may be transferred between wallets
{% endhint %}

## **CryptoBond Terms Explained**

### 90 days

This is the lowest term for bond maturity, all earnings received after bond maturity.

{% hint style="info" %}
**Note**: The 90-day term is not compatible with Divs mode
{% endhint %}

### 180 days

Second, to the shortest term for bond maturity, all earnings are received after bond maturity.

{% hint style="info" %}
**Note**: The 180-day term is not compatible with Divs mode
{% endhint %}

### 1 year

The third-longest (middle) term for bond maturity, this term starts the option to receive earnings during or after maturity.  (360 days)

{% hint style="info" %}
**Note**: The 1-year term is compatible with Divs mode
{% endhint %}

### 2 year

The second-longest term for bond maturity, this term has the option to receive earnings during or after maturity. (720 days)

{% hint style="info" %}
**Note**: The 2-year term is compatible with Divs mode
{% endhint %}

### 3 year&#x20;

The longest term for bond maturity, this term has the option to receive earnings during or after maturity. Also boasting the highest Earning Rate. (1080 days)

{% hint style="info" %}
**Note**: The 3-year term is compatible with Divs mode
{% endhint %}

### Quarterly Mode 1/2/3 year

Quarterly mode allows your bond to acquire dividends while your CryptoBond matures. This mode incurs a lower Earning Rate which is paid out every quarter (90 days) &#x20;

![CryptoBond Creation Dashboard "Divs Mode"](/files/-MMUrjaqCkvWXcDeYTOZ)

{% hint style="info" %}
**Note**: Divs mode is only available for bonds ranging from 1-3 years
{% endhint %}


# Buying a CryptoBond

{% tabs %}
{% tab title="Rarible" %}

## Visit  [Rarible.com](https://Rarible.com) <a href="#visit-rarible.com" id="visit-rarible.com"></a>

![](/files/-MWX1Ova4QDGjCKt4Vnj)

## Buying a CryptoBond on Rarible

Select Sign In from Rarible's menu and then chose your preferred Web3 wallet.

In Rarible, search for "CryptoBonds" or go to SYNC's [official page](https://rarible.com/cryptobonds). This will take you to the official SYNC Rarible page where you can buy, sell or bid on a CryptoBond.&#x20;

{% hint style="info" %}
SYNC Network's official Rarible account <https://rarible.com/cryptobonds>
{% endhint %}

### Purchasing a CryptoBond

Now that you have successfully found SYNC's official Rarible store you may now purchase a CryptoBond

{% hint style="info" %}
**Note**: If you are not familiar with Rarible, check out their [FAQ](https://rariblecom.zendesk.com/hc/en-us/categories/360006274952-Frequently-Asked-Questions) to get a better understanding. Here is a quick excerpt from Rarible's FAQ page.
{% endhint %}

> Once you've connected a wallet, how do you make a purchase?

> You have connected your wallet and now you're ready to buy some NFTs, what do you do? There are a few different ways that you'll be able to start collecting tokens.\
> \
> **Placing a bid**

![](/files/AHWzxhdS0fcOL3ykfiJd)![](/files/SaftcGtsis2sCvPM4pBC)

When you would like to place a bid to collect a token, you'll receive the following screen. This will provide a breakdown of how much exactly you will need to pay once your bid has been accepted by the seller. You will have to deposit wETH via a transaction that converts your selected quantity of ETH to wETH. Once that transaction has been accepted, you'll receive two more requests to sign to the blockchain and push through your bid.

A timed auction will continue until the expiration for the auction has been reached. Once ended, the highest bidder will win the token! Please note that if you place a bid and win the auction, the seller will still have to accept your bid. You are not able to cancel your bid once it has been placed.

**Purchasing at a fixed price**

![](/files/UStMQpvD1omHCBHGWxHD)![](/files/3J6lEW77A8iBGeAWw4AK)

You are able to make purchases at fixed rates instead of through an auction system. This is dependent on the seller and how they have chosen to list their token. In these cases, you only have the option to select the quantity (if applicable) of editions that you would like to purchase. You will receive one transaction notification to your wallet to confirm your purchase. Once processed, you will own that token!

{% hint style="danger" %}
**Danger**: Before you purchase make sure to check the CryptoBond for authenticity, use the steps below to confirm the CryptoBond information.
{% endhint %}

## Confirming a CryptoBond Authenticity

### Details

Displays a short description of a Cryptobonds.  Creator is "user", and the collection.&#x20;

![Rarible Market "CryptoBond Details"](/files/jUfn45nuCETkkd27rsna)

### Properties

Liquidity pair, Rarity, Term, & Bond Type

![Rarible Market "CryptoBond Properties"](/files/Wgzykp5ZM7JrfMOfbwXY)

### Blockchain

Only available on ETH&#x20;

![Rarible Market "Blockchain"](/files/sWi6Il1DaKiVboDDMjhJ)

#### Once you feel comfortable go ahead and purchase your new CryptoBond and join the Team

{% endtab %}

{% tab title="LooksRare" %}
Coming Soon
{% endtab %}
{% endtabs %}


# Selling a CryptoBond

CryptoBonds are an NFT token and therefore are unique, trade-able, and sellable. The bonds will be trade-able on any NFT marketplace such as Opensea.io

{% tabs %}
{% tab title="Rarible" %}

## Visit [Rarible.com](https://rarible.com/)

## Selling your CryptoBond on Rarible

Select Sign In from Rarible's menu and then chose your preferred Web3 wallet &#x20;

![OpenSea Default Web3 Wallet](/files/Xe3X2YMXv0SljU4Z7YB2)

![OpenSea Additional Web3 Wallet Support](/files/p1VOdM57B0DPOlGEkzCc)

Now logged in, navigate to the top right-hand side of your Opensea account, and select your Icon. On this drop-down select My Items &#x20;

![OpenSea Profile Menu](/files/7HvoGna6cu1JyWpQ7KVF)

If you were successful in creating a CryptoBond they should auto-populate

![OpenSea In Wallet](/files/tuoWUWwsKiGEaM6V5S9J)

{% hint style="info" %}
**Note**: If you don't see your CryptoBond, try another account or wallet
{% endhint %}

In your OpenSea wallet select the Cryptobond that you want to place up for sale or auction. You will then be redirected to a new page with the option to Sell

![OpenSea NFT Selling](/files/emBIeqNm8OnmkRKONSG6)

Select sell and list your CryptoBond

## Selling Methods <a href="#id-79383861-0ff6-4600-887c-f53493e654dd" id="id-79383861-0ff6-4600-887c-f53493e654dd"></a>

![](/files/dZQ2MVWmVGrieZZUHIuN)

### Fixed Price

Set a specific price you would like to receive for your CryptoBond

![Rarible Market "Fixed Price"](/files/RX4WXvNCabkUZYmCw64x)

#### Price

Set the desired price that you would like to sell your Cryptobond (This item will be on sale until you transfer this item or cancel it. ) Required for each option below

#### Include ending price

Set the desired price and time frame you would like to sell your Cryptobond. It's like an auction countdown.

{% hint style="warning" %}
**Warning**: Adding an ending price will allow this listing to expire, or for the price to be reduced until a buyer is found.
{% endhint %}

#### Expiration date

Set your expiration date in days and specific time that you would like your sale to end on.&#x20;

{% hint style="info" %}
**Note**: Date ranges from 3-5 days, 1 week, 1 month, never, or set a specific expiration date
{% endhint %}

#### Privacy

This option allows you to sell to a direct private seller&#x20;

### Highest Bid

No maximum price the highest bid takes it all, accept the bid when you are ready

![OpenSea Market "Highest Bid"](/files/pbZ3JFzgpe4QCdnD7NEg)

#### Minimum Bid

Set this to the lowest value you are willing to accept, the final price will vary depending on bid amounts

#### Expiration date

Set your expiration date in days and specific time that you would like your sale to end on.&#x20;

{% hint style="info" %}
**Note**: Date ranges from 3-5 days, 1 week, 1 month, never, or set a specific expiration date
{% endhint %}

### **Bundle** <a href="#id-8eb49692-45e4-4283-bf53-7d6ad094517d" id="id-8eb49692-45e4-4283-bf53-7d6ad094517d"></a>

{% hint style="info" %}
**Note**: Once you select bundle, you will be redirected to a new page
{% endhint %}

![OpenSea Bundle Selection](/files/GBFePaUKxkXRd48kGUgL)

Select the Cryptobond's you would like to bundle and click Sell bundle of X(amount)

Once redirected you will need to create a Bundle Name, which will stand as an identity for your bundle

#### Set Price & Highest Bid

{% hint style="info" %}
**Note**: Please refer to the information above for a full understanding of what options are available for Set Price vs HIghest Bid
{% endhint %}

Now that you have chosen your Sell Method, submit your order by selecting POST YOUR LISTING

{% hint style="warning" %}
**Notice**: Bounties and Fees will directly impact the total amount received once your Cryptobond has been sold.
{% endhint %}

Once submitted your Web3 wallet will open requiring a signature for the transaction

#### Voila! You have just successfully listed your CryptoBond on the Opensea network to be sold

{% endtab %}

{% tab title="NeonRain" %}
Coming Soon
{% endtab %}

{% tab title="LooksRare" %}
Coming Soon
{% endtab %}
{% endtabs %}


# Maturing a CryptoBond

When a bond matures, liquidity tokens are returned, the original amount of SYNC is returned plus SYNC mining rewards, and all Uniswap fees are still the holder’s to keep

**Visit** [**syncbond.com**](https://app.syncbond.com/)

## Connecting your wallet

Select connect from the main menu and then chose your preferred Web3 wallet

![](/files/DK02zQvZKDVdEy2MTaWJ)

<div align="center"><img src="/files/-MMUXcUf6rw-igCNaYgE" alt="Supported Web3 Wallets"></div>

## Maturing a CryptoBond

On the top menu bar, hover over and select My Portfolio

![Sync Dashboard](/files/o5XjQDYyDyXvkTM0ZQ5c)

Once there you will see all Bonds that you own on your address

Find the Bond that you would like to mature

{% hint style="info" %}
Some CryptoBonds that are ready for Maturation will have a "Mature" stamp
{% endhint %}

![Mature CryptoBond](/files/-MWX5Kq8yZe3PYZ92xnS)

![CryptoBond Vaule](/files/-MWX6LLN5zWHpMrKSlTW)

Before you mature your bond make sure you understand the total value

#### Current LPT Value at Maturity

* LPT (Liquidity Pair Token)
* Current LPT value = (Token) + SYNC (equal values)
* Example: $600 ETH + $600 SYNC

{% hint style="info" %}
Not all LPT will be ETH+SYNC! Refer back to your bond for information
{% endhint %}

#### Current SYNC Value at Maturity

* The value of your SYNC currently locked in the bond

{% hint style="info" %}
This number will fluctuate depending on market value of SYNC. The number only applies If your bond were to mature today
{% endhint %}

#### Current Total Value at Maturity

* The total value of all blocks
  * LPT + SYNC
* Example: $1,237.78 LPT + $3,156.01 = $4,393.79 Total value

#### Once your ready select "Mature"

![](/files/Iud2di55yTnfNUiHsNhf)

{% hint style="danger" %}
**MATURING YOUR CRYPTOBOND WILL ALSO DELETE IT!**
{% endhint %}

**You have just redeemed your CryptoBond** :metal:&#x20;


# Redeeming your LPT

After a CryptoBond is matured, liquidity tokens are returned to the owner's wallet.  These Tokens can be redeemed by using Uniswap or Zapper

## Zapper


# Transferring a CryptoBond


# P2P Lending

CryptoBonds are compatible with NFT P2P lending platforms.

Follow us on [Twitter](https://twitter.com/SYNCTOKEN) and join [Discord](https://discord.gg/sync) to be notified when we publish this page.


# NFT Collection Lists

Learn all about NFT Collection Lists.

### An NFT Collection List Standard

{% hint style="info" %}
**TL; DR**     \
Collection Lists are multiple cross-referenced lists of contract addresses to verify the NFT collection you're looking at is the correct one by multiple 3rd parties.
{% endhint %}

NFT Collection Lists is a community-led initiative to improve discoverability, reputation and trust in NFTs. Decentralized maintenance of lists with reputable NFT collections provides users with guidance to help them distinguish legitimate projects from malicious actors. Therefore, an NFT project on multiple lists is more trustworthy than one that does not appear anywhere.

SYNC Network’s NFT Collection Lists is a modified form of the Uniswap ERC20 token JSON schema standard that enables exactly this, built specifically for the needs of NFT projects. Projects can encode lists of reputable tokens in a machine-readable way, and anyone can make a list. These lists can then be imported into the NeonRain NFT marketplace, where end-users benefit.

We imagine NFT Collection Lists being an important building block for the Ethereum ecosystem to self-govern reputation around NFT collections. So, we hope to see them being used in other projects, as well as an ecosystem of tools, dashboards, and discussion forums to emerge around them.

Please head over to [collectionlists.org](https://collectionlists.org/) to learn more or even create your own NFT collection list.


# Whitepaper

Find the original SYNC Network whitepaper.

{% file src="/files/-MkzFI54mKrefIgiPxsX" %}
SYNC Network Whitepaper
{% endfile %}


# Contracts

Find all Smart Contracts from the SYNC Network ecosystem.

* SYNC Token: [**0xB6ff96B8A8d214544Ca0dBc9B33f7AD6503eFD32**](https://etherscan.io/address/0xB6ff96B8A8d214544Ca0dBc9B33f7AD6503eFD32)
* CryptoBonds: [**0xc6c11f32d3ccc3beaac68793bc3bfbe82838ca9f**](https://etherscan.io/address/0xc6c11f32d3ccc3beaac68793bc3bfbe82838ca9f)
* Genesis Syncronauts: [**0x505a12c23fdc8f80ca4a1a3000cd39636c927128**](https://etherscan.io/token/0x505a12c23fdc8f80ca4a1a3000cd39636c927128)


# Audits

Find all audits done for the SYNC Network ecosystem.

* CryptoBonds audited by [CoinFabrik](https://blog.coinfabrik.com/cbond-smart-contract-audit/)


