Jobs at SynAssets

Olympus is a very nice consensus aggregation algorithm. Driven by interests, it has built a consensus worth of billions of US dollars in a short period of time. It remains true to the original aspiration of blockchain thanks to the fair token issuance mechanism, no institutional investment, and just token acquisition. The most beautiful thing is the bond mechanism. It is a perfect solution to the lack of protocol liquidity. Not only the protocol itself has sufficient liquidity, but also all the protocol participants can enjoy the yields passively from the growth of the Treasure for the long term. Protocol can do a lot of things with the assets in its treasury, such as providing liquidity in other protocols to passively expand the treasury or using the assets in SynAssets to invest in other new protocols. We believe the bond mechanism will become the mainstream choice of most protocols in the future. We believe Olympus network effect is unstoppable. Olympus has great achievements, but it has not a few obvious shortcomings: The consensus is fragmented. Each DAO can only anchor one asset; and if to anchor another asset, another DAO should be established. The consensus algorithm should be further optimized. The invitation mechanism should be added in order to build an explosive consensus. The deflation mechanism of Meme coin is an excellent consensus aggregation algorithm, but regretfully it has not been introduced. Synthetix and Mirror and other synthetic assets have problems such as insufficient liquidity,low capital efficiency and liquidation risk ,we hope to bring the optimized Olympus into synthetic assets world to solve this problems,anchoring not only crypto assets such as DAI, BTC,ETH,but also real-world assets such as Apple and Tesla stocks,gold, futures, and indexes, etc. We will enter the era of synthetic assets 2.0 due to the addition of SynAssets.