CRYPTO BONDS ARE HERE!!!! WHAT IS SYNC & HOW TO CREATE NFT CRYPTO BOND ? SYNC NFT TUTORIAL

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SYNC is an ERC-20 cryptocurrency and NFT financial primitive that ‘bonds,’ or locks Uniswap liquidity pairs against SYNC tokens to make a tradeable ERC-721’s (NFTs) called a ‘CryptoBond.’   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 a NFT marketplace like OpenSea.io, Rarible, 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. --- Send in a voice message: https://podcasters.spotify.com/pod/show/jcrypto/message Support this podcast: https://podcasters.spotify.com/pod/show/jcrypto/support

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