Velia Protocol — Powered by $SYNC on Base
Trustless P2P rails for send + escrow. Retail-simple on the surface, crypto-native underneath.
- Base-native: low fees, fast finality, Coinbase-aligned ecosystem.
- Trustless Escrow: two-sided funding, expiry + refund, clean events.
- Fee Tiers: hold/stake $SYNC to reduce fees down to 0%.

Base-native
Low fees, fast finality, Coinbase alignment. $SYNC is the fee rail.
Trustless Escrow
Two-sided funding, expiry + refund, clean events for bots & UX.
Fee Tiers
Hold/stake $SYNC to reduce fees to 0% for qualified accounts.
$SYNC Token Utility
$SYNC routes value through the network: transaction fees, staking tiers (reduced/zero fees), rewards (cashback/referrals), and escrow collateral bonds. This creates recurring demand and network effects.
- Fees: P2P Send and Escrow route fees via $SYNC.
- Staking tiers: Standard 0.30% → Tier 1 (10k $SYNC) 0.10% → Tier 2 (25k $SYNC) 0%.
- Rewards: Cashback + referrals in $SYNC.
- Escrow bonds: Small collateral in $SYNC to reduce spam and anchor reputation.
- Governance (later): $SYNC holders steer upgrades and parameters.

Contracts (placeholders)
EscrowHTLC
Two-party escrow with expiry/refund, fee skim to FeeManager.
base-sepolia: 0xEscrow…TBD
$SYNC (ERC-20)
Permit (EIP-2612). Utility for fee tiers + staking.
base-sepolia: 0xSYNC…TBD
SyncFeeManager
Computes & collects fees; 0% for eligible $SYNC holders/stakers.
base-sepolia: 0xFee…TBD
SyncStaking
Simple lock for tier eligibility (no emissions in v0).
base-sepolia: 0xStake…TBD
SDK & Integration
Lightweight TypeScript helpers for reading deal state, creating escrows, and reacting to events.
Security & Parameters
- OpenZeppelin libs, SafeTransfer, non-reentrancy, event logs.
- Bounds: min/max amounts, sane expiries (e.g., 5m–72h).
- Pausable FeeManager, multisig-owned, time-locked updates.
- Base fee target: 30 bps (0.30%), 0% for eligible $SYNC holders/stakers.

Ready to build on Velia?
Hook into $SYNC rails on Base for P2P send + escrow.