# 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](https://docs.syncbond.com/sync-network/faq)
* [CryptoBonds](https://docs.syncbond.com/sync-network/cryptobonds)
* [P2P Lending](https://docs.syncbond.com/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.