Protocol overview

Core concepts and components of SYM Finance

  • Tidal AMM - A discrete concentrated liquidity AMM designed for leveraged yield. Leverage is directly traded on Tidal AMM, via the swap between symTokens and Tokens.

  • symToken Minting Module - An over-collateralized synthetic asset minting module, where leverage buyers deposit Token to mint symToken. 1 symToken is treated as 1 Token by SYM Finance when leverage buyers open/close positions.

  • Leverage Buyers - Users who buy leverage by minting and selling symToken.

  • Leverage Providers - Users who sell leverage by providing Token to Tidal AMM

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