SYN-SynLevDetailed Description

SYN-SynLev Detailed Description

SynLev is a group of synthetic leveraged asset pairs based on Ethereum, and its price comes from the data of Chainlink oracles. SynLev's goal is to provide decentralized, trustless, KYC-free leveraged assets that behave similarly to traditional leveraged ETFs (like 3x Bullish ETH/USD Token). SynLev supports having public decentralized oracle assets, commodities and indices. All fees incurred for asset purchases (minting) and sales (burning) are distributed to SYN holders and liquidity providers holding SYN tokens.