$SYNC — FAQ
Utility first. User-owned by design.
What is $SYNC?
$SYNC is Velia’s utility token on Base. It powers fee routing, staking tiers (reduced/zero fees), rewards, and small escrow bonds.
Is $SYNC an investment?
No. $SYNC is intended for protocol utility. Nothing on this site is financial, legal, or tax advice. Always DYOR and follow local laws.
How do fee tiers work?
Standard is 0.30%. Holding/staking 10k $SYNC reduces to 0.10%. Holding/staking 25k $SYNC reduces to 0%. Enforced by SyncFeeManager + SyncStaking.
When token?
Token addresses and contracts will be published at launch. Until then, placeholders are shown in the Protocol page.
Where can I earn $SYNC?
Planned rewards include cashback on sends/escrows and referrals—paid in $SYNC. Exact programs TBA in the litepaper and announcements.