SyncBank Locker : What You Need To Know

Today let's discuss "what you need to know about SyncBank Locker"

LOCKER

This enables users to lock their $SCB tokens for up to a year, and the longer they lock or the more $SCB tokens they lock, the higher the xSCB (the locked version of the $SCB token).

This aspect brings about One of the key features of SyncBank
which is Yield Boosting

• Yield Boosting: Elevates users' annual percentage rate (APR) based on each user's $SCB stake.

The APR of our users is based on the stake rate of xSCB.

The Boost multiplier increases as your Score (which is affected by duration and amount) increases, up to a 3x multiplier. Refer To the Image attached below.

Also, See: SyncBank - The Next Crypto Gem On ZkSync

For more Infomation Refer To

Documentation: https://docs.syncbank.xyz Website: https://syncbank.xyz

Twitter: https://twitter.com/SyncBankxyz

Discord: https://discord.gg/syncbankxyz

#SyncBank #zkSync

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