Synthesis Bank is an investment bank that uses cryptocurrencies on the Ethereum mainnet. A different bank on blockchain and crypto space. It deserves a detailed review.
Project name: Synthesis Bank
Contract address: 0x841d17C0A12e60DF3703F38569B5a9058c75610C
Token type: ERC20
Total supply: 200.000.000 STB
Launchpad: Unicrypt Network(Uniswap)
Presales always have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||60% ETH raised liquidity lock|
time: 11 months
|Min-Max Spend per Account||max 5 ETH|
|Presale price||5.271,48128624 STB / per ETH|
|Listing price||5.271,48128624 STB / per ETH|
|Audit||(by SolidProof, Certik pending)|
|Start||approx: Mon 16 Aug 03:01 UTC|
|End||approx: Tue 24 Aug 02:00 UTC|
Note: Tokens lock duration is 7 months to 2 years.
|Investment in the market||90%|
It is good
- Doxxed team+ KYC
- Registered company-Cayman Islands
- 60% ETH raised liquidity lock rate
- 11 months liquidity lock duration
- Certik audit is pending
- Audit by Solid Proof, check report
- Owner can’t pause the contract
- Owner can’t burn or lock user funds
- No mint function
- There is no critical-high-medium-low-informational issues
About the team
- The team is consist of 6 person. Their identies and social links are on their website. You can check
- Alejandro Estrada: CEO and founder of Synthesis Bank. When we look the CEO, he is experienced in trading and financial services. Check
From White/Lite Paper
Synthesis Bank is a sophisticated smart investment bank built on ethereum smart contract, that allowing investors to invest in digital assets and other new alternative financial products in the blockchain ecosystem.
Synthesis Bank Ecosystem
- DEX Aggregator/Exchange: Synthesis Bank DEX exchange app is designed to roll liquidity and pricing from all major Decentralized and Centralized Exchanges into one platform to make it easy to get the best price for the desired trade, fiat currencies, commodities, cryptocurrencies, cryptocurrency indexes.
- Investment: Synthesis Bank investments and staking allow the investors to stake their tokens to the staking pool to receive as a reward.
- Digital Assets: Digital assets based on ethereum smart contract. Digital assets are ERC-20 Tokens which track the price of an external asset.
Features of Synthesis Bank
- Security: Synthesis Bank DEX exchange has low chances of attacks by hackers because no reserves are held at Synthesis Bank DEX
- Fairs Deal Only: Open-source smart contract ensures fair and transparent deals between Synthesis Bank and investors.
- Own Rights of Funds: Synthesis Bank Dex Exchange does not hold any of the funds of customer. The entire funds are held in the user’s ERC20 wallets.
- Algorithmic Trading Pool: Synthesis Bank manages a wide range of strategies, market making, cross-exchange market-making, algo/HFT, liquidity mining, arbitrage.
Usage and Benefit of $STB Synthesis Bank Token
$STB token represents a virtual share of Synthesis Bank.
As part of the Synthesis Bank income strategy, holders of the token are entitled to receive monthly dividends based on the performance of realised investments over that period.
- 50% of ‘realised’ profits via Synthesis Bank investment activities will be credited back to the token holder in USDT on a monthly basis.
- 30% of the profit will be reinvested into synthesis bank, therefore expanding assets under management (AUM) and appreciating the token price of STB.
- 20% of the profit each month will be used to fund the ongoing operation of synthesis bank and its investment activities (legal, auditing, analysis).
How to get profit of $STB Synthesis Bank?
The Synthesis Bank smart contract ensures that token holders are rewarded on a monthly basis for their ongoing investment in STB.
All token holders will be prompted to download the Synthesis Bank portfolio tracker so they are notified of the incoming dividend amount and date.
Synthesis Bank tokens provide two kinds of returns to investors:
- Token appreciation aligned with the net asset value (NAV).
- Monthly income distributions based on the investment and exit activity of Synthesis Bank.
You can read more detail in White Paper.
Synthesis Bank is an investment bank on Ethereum mainnet. $STB token represents a share of Synthesis Bank.
$STB holders will take profit every month from Synthesis Bank investments.
Synthesis Bank is an investment bank on Ethereum mainnet. $STB token represents a share of Synthesis Bank. #STB holders will take profit on a monthly basis from Synthesis Bank investments.Tweet
About tokenomics: Token allocation for Unicrypt presale+liquidity+fee=8% of the total supply. 75,5% of locked. 16,5% of the total supply is allocated for others (website presale, airdrop, team).
Synthesis Bank is a registered company in the Cayman Islands. The team is doxxed and passed KYC.
STB has an audit from SolidProof. Certik audit is pending.
Alejandro Estrada, the CEO, is very experienced in the field of trading and financial services. It seems that the team has the ability to do this project.
Imagine the traditional bank migrated to the blockchain. The team also plans to create products such as “Defi Debit Card“. For details, check White Paper
This Unicrypt presale has an advantage. The team started presale on the Synthesis Bank website. To participate in the presale on the website, it is necessary to go through the KYC process.
At the request of the members, the team decided to make a presale through Unicrypt.
Thus, you can get $STB tokens without the need for KYC. The team is aware that it is really doing a serious business like investment banking.
That’s why they work with both SolidProof and Certik. The team really inspires confidence.
Those who are tired of meme coins, those who have been scammed recently, and those who like medium-long-term investments should definitely take a look at this project.
Synthesis Bank failed at the Unicrypt presale. But the presale is ongoing on their website.