# CryptoBonds

### 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

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Co-Founder CryptoGenik about SYNC Network and CryptoBonds.
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