Syde Protocol
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This is the synthetic DeFi layer on TON.

App: @sydefi_bot
Community: @sydefi_community
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Syde Update βš™οΈ

We continue building Syde and are sharing the latest progress.

🧠 A Major Step for Syde Protocol

We have implemented Syde’s architecture on Ethereum – a fundamental milestone in the protocol’s evolution and a strategic expansion of our infrastructure.

What’s completed:

β€’ Core smart contract functionality implemented
β€’ Protocol core logic fully finalized
β€’ Liquidation mechanism migrated
β€’ All tests successfully passed

This is not an experimental build, but a production-grade technical foundation for further deployment and scaling.

Next step – integrate smart contracts with the frontend and finalize infrastructure preparation for deployment.

πŸ› οΈ Technical Improvements

In parallel with Ethereum development, we strengthened the existing architecture:

β€’ Integrated a new gas-efficient assembler
β€’ Optimized the codebase: reduced Pyth price proof and user address creation costs
β€’ Implemented intermediate liquidators for jVault and STON.fi

🎨 Product Updates

The interface is evolving alongside the backend:

β€’ Refined visual elements for a cleaner and clearer UX
β€’ Launched a new Yields page with strategy separation: jVault / STON.fi
β€’ Created dedicated pages for each pool type

We are steadily approaching launch – More updates soon πŸš€πŸ‘€

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Liquid Staking

Traditional staking works like this:

1) You stake your tokens
2) They become locked in the protocol
3) You earn rewards over time

The problem is that while the tokens are locked, you cannot use them anywhere else❗️

Liquid staking solves this limitation

How does it work? πŸ€”

You stake your assets
and receive a liquid token in return. This token represents your position in the protocol

The key advantage is that the token remains liquid

It can be:
β€” traded;
β€” provided as liquidity;
β€” used in various DeFi strategies.

πŸ“Œ As a result, your assets keep generating yield while staying usable

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πŸ“Š SydeSynths Weekly

Latest prices of synthetic assets:

β€’ $syBTC – $71,145.00
β€’ $syETH – $2,173.59
β€’ $sySOL – $88.90
β€’ $syTON – $1.31
β€’ $syXAU – $4,877.46

Markets are moving – track the changes directly in Syde Protocol πŸ‘€

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SydeGuess

We’re launching a new event in Syde Protocol featuring synthetic gold
Your task is simple – predict the price of $XAU in 2 weeks

⏳ Start: March 22
πŸ“… Final: April 6
πŸ’Ž Reward: 3,500 Syde Karma

How to participate:
1. Submit your prediction in chat – @sydefi_community
2. One participant = one prediction

The winner is the one closest to the final $XAU price πŸ†

⚠️ Important:
β€’ Edited messages won’t be counted
β€’ Submissions close on April 1

Test your instincts and join the event πŸš€

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LP: what it is and where the yield comes from

LP (Liquidity Pool) is a smart contract that holds assets (usually in a pair) and enables swaps on a DEX.

When a user swaps one token for another, they pay a fee.
This fee is distributed among those who provide liquidity to the pool.

πŸ“˜ Why does LP matter?
Without liquidity, swaps can’t happen.
LP is the foundation of any decentralized exchange.

By providing liquidity, you:
1. help the protocol and market function smoothly;
2. earn a share of swap fees.

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SydeLeaders

A look at this month’s Syde leaders:

πŸ₯‡
UQAOPHV1Wufwr-UIt1tOR-E9XKcPAhBH5bWgBHxo6-TTsl9G β€” 955,004 Syde Karma
πŸ₯ˆ
UQCSCRdQvxNIYEOy3MjbyAZo_RGI0gHxuROV_vnYQoHuJ1_l β€” 485,691 Syde Karma
πŸ₯‰UQDMQrdAHrUUWEKH9h6Ss6kf6W1iiSOVUMaNO4PYe53lLpbi β€” 435,412 Syde Karma
4️⃣ UQCgphx8rTI0PukwmgpVqiPgqguTujhQscg2h7jgc4U0tyP- β€” 229,028 Syde Karma
5️⃣
UQC228vvLVzjK4t7CUfRhlQuxJqfB5sJzAZNEilvbpY6CzZk β€” 213,425 Syde Karma

The gap is real – but still catchable πŸ‘€

Think you can break into the top?
Start earning Syde Karma and climb the leaderboard πŸ†

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SydeGuess – Results

The $XAU prediction challenge has concluded

Final price: $4,659

Closest prediction: $4,600 @id_maison
Reward: 3,500 Syde Karma

Rewards will be distributed shortly. Congratulations!

Thank you for participating
Stay tuned for upcoming Syde activities

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Syde Lottery

We’re launching Syde Lottery.

The mechanism is simple: each synthetic asset equals one ticket in the draw.

How to participate:
1. Submit a screenshot of your synthetic asset ($syBTC) in @sydefi_community (both new and previously minted positions are accepted)
2. The asset must remain in your wallet until the draw ends
3. Each synth counts as one ticket

πŸ’Ž Prize: 4,000 Syde Karma
πŸ† Winner is selected randomly among all valid participants

πŸ“† Results: April 24

Participation reflects activity within the Syde Protocol

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How does farming staking work in jVault?

Let’s break it down step by step πŸ‘‡

Step 1. You deposit tokens into staking
Step 2. They go into jVault
Step 3. jVault automatically deploys them into DeFi strategies (farming)
Step 4. You earn yield and Syde Karma

πŸ“˜ What is farming staking?
It’s a strategy where assets are not just staked, but actively used in DeFi operations to generate additional yield.

πŸ’‘ Why it’s convenient:
β€’ no need to manage strategies manually
β€’ no need to switch between protocols
β€’ everything runs within a single interface

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TON is entering a new phase – MTONGA

10Γ— faster. 6Γ— cheaper. Telegram takes the wheel.

We’re not standing still either. A couple of updates from our side:

Ethereum – frontend fully adapted for multichain, final checks in progress.

ETF – a new asset type on Syde. A token whose price is made up of multiple assets at once. Buy one token – get exposure to $BTC, $ETH and $SOL simultaneously. No need to manage each position separately – diversification in one click, fully on-chain. First ETF is already on testnet, coming soon.

The whole crypto market in one token. On Syde.

We’re only picking up the pace – stay tuned, more updates ahead

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Toncoin β†’ Gram

Step 4 of 7 in the MTONGA roadmap – a return to the roots. Gram was the original name of TON’s currency in the very first whitepaper, and now it’s coming back.

The blockchain stays TON. Only the coin gets renamed. Rebranding takes ~3 weeks.

Syde Protocol keeps building on TON.

By the way, are you ready for SyTON β†’ SyGRAM? πŸ‘€

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