Syncrate Docs is now live on GitBook
Learn more about SGLD, Syncrate Prime, and the technical architecture powering our ecosystem.
syncrate-1.gitbook.io/syncrate-docs
We're working to make Syncrate Prime more efficient and safer.
Deposits are currently unavailable while we gather feedbacks and iterate.
Prime depositors can redeem their sySGLD back to SGLD at anytime.
Three RWA projects I interviewed recently, each bringing something different onchain.
From physical collectibles to traditional trading strategies and yield-bearing gold, here's what caught my attention👇
1. Paxxel - @hellopaxxel :
Paxxel is bringing physical collectibles onchain through "reverse tokenization".
Here's how it works:
> Initially, 64 tradeable tokens are minted per asset (PSA graded slab)
> Six trading rounds of 2 minutes follow, with ~50% of remaining claims randomly burned after each trading round until only one token survives, winning a claim over the slab
> Each buyer can hold a maximum of 16 tokens, ensuring at least 4 buyers participate.
> At the end, the winner can withdrawal the card or list it for sale in a marketplace.
What makes it interesting?
Paxxel uses Chainlink VRF for verifiable randomness, making the elimination process fully automated.
No manual burns. No game server controlling outcomes. No house edge.
Interesting thing is Founder Dan already runs a physical collectibles store and aims to bring those assets onchain through Paxxel.
Definitely an interesting project im keeping a close eye on.
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2. QMC - @qmcfinance :
There are thousands of skilled traders with proven track records, but most lack the tools and distribution to attract capital.
QMC is trying to solve this by bringing off-chain trading strategies onchain.
Think of QMC as doing for off-chain traders what Hyperliquid did for onchain traders giving them the infrastructure to bring their strategies onchain.
Its making traditional trading strategies accessible to stablecoin investors through onchain vaults.
Despite launching less than a month ago, QMC has already attracted:
> $755K in TVL
> 10 active vaults
> 6 portfolio managers/traders and 10 more in the pipeline.
The bigger goal isn't just to build another vault platform.
It wants to become the infrastructure connecting skilled traders, stablecoin capital, and financial platforms.
What interests me most is the opportunity to bring proven off-chain trading strategies into DeFi.
Instead of relying only on crypto-native strategies, investors could gain access to a much wider range of trading opportunities.
Definitely an interesting space to watch
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3. Syncrate - @syncratefinance :
The future of gold isn't just holding it. It's putting it to work.
Syncrate aims to turn passive gold holdings into yield-generating assets through DeFi.
Here's how it works:
1. SGLD -> Tokenized Gold
Each SGLD represents exposure to one troy ounce of gold held through Syncrate's custody infrastructure, making gold usable across DeFi.
2. sySGLD -> Yield-Bearing Gold
Built on SGLD, sySGLD puts gold-backed capital to work through real-world financing to generate yield.
Syncrate launched an 8-week points program, distributing 10M points weekly:
> 7M points for new SGLD minting, holding, and DeFi usage.
> 3M points for LPs who supply SGLD/USDC liquidity on Uniswap through the Saffron x Syncrate liquidity campaign.
The program is live and going to reward real users, with TGE planned immediately after the 8 weeks.
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lemme know your thoughts on the above projects?
Snapshot for Week 2 of the Sync Points Program has been taken.
~3.28 SGLD was minted and 10M points allocated to 15 users
Week 3 now in progress
syncrate.org/app
Introducing the Sync Points Program
10 million points will be distributed every week, rewarding users trading and holding SGLD
4 weeks. 12th Oct - 9 Nov
More details in thread
The program is built to track and reward real users contributing to the Syncrate ecosystem.
Wash minting, rapid mint-redeem loops, and other attempts to manipulate distributions will result in points being adjusted or removed without any notification from our team
Introducing the Sync Points Program
10 million points will be distributed every week, rewarding users trading and holding SGLD
4 weeks. 12th Oct - 9 Nov
More details in thread
owning physical gold has always mean you have to worry about high transaction costs, security and storage risks, liquidity delays, and ongoing insurance fees
we built $SGLD to solve these.
direct exposure to LMBA-certified physical gold bars custodied in secure vaults and audited independently by Bureau Veritas
try it out today: syncrate.org/sgld
@Ares_Olympusx@bigjoshh__ The underlying gold bar backing SGLD can be redeemed for physical bars at anytime with a minimum redemption amount of 160.75 SGLD (~5kg of gold)
More information on this at syncrate.org/sgld
gold just sits there, you hold it, you feel safe, and you earn nothing.
sell it, and you are out of the one asset people run to when everything else shakes.
@syncratefinance does not make you pick.
SGLD is real gold onchain, one token, one troy ounce of LBMA gold in a UAE vault.
no yield baked in, the metal behind it is not lent out. you hold gold, nothing else.
want it to work?
move it into Syncrate Prime. that gold backs the same short-term bullion loans banks have relied on for decades except now,
you capture the spread.
you’re taking on that risk intentionally, not because it was buried in the fine print.
92 Followers 1K FollowingThe past mind cannot be grasped, the present mind cannot be grasped, the future mind cannot be grasped. 🌐 WEB3.0 |Blockchain| Stablecoin