Welcome to SYNO Summer!

Synonym is focused on providing users with unified access to more assets, more opportunities and more chains. Chain and asset selection is a key part of what we do and we’re proud to announce that Synonym is now deployed on Scroll! Scroll is an Ethereum-aligned zkEVM L2 built for security, speed and ease of use. Even better, it does all of this with the core decentralized values of Ethereum at heart. In this article, we’ll cover Scroll, why we deployed there and how you can earn a share of the massive rewards that we’ll be allocating to this launch.

The time has come to expand Synonym’s seamless cross-chain lending capabilities. For the first time since the launch of Synonym, we’re pleased to announce that we’re adding a new spoke! Soon, users will be able to lend and borrow cross-chain on Base.

Decentralized finance has evolved significantly over the last few years. New primitives have become battle tested, infrastructure has made progress on scaling, and use-cases continue to expand. Despite this, our lending and borrowing markets remain heavily siloed in practice, even for those with extensive technical expertise. It’s time for a new standard in money markets to emerge. The era of crosschain decentralized financial markets has arrived.