# Welcome - SyncSwap

<img src="/files/Uvu4LqfYiCeTkVJCWREj" alt="" class="gitbook-drawing">

Both traders and liquidity providers are incentivized on SyncSwap to maximize participants' profits. With the health incentive structure, it meanwhile leads to more effective protocol growth and kicks off the flywheel.

### Governance Enabled <a href="#governance-enabled" id="governance-enabled"></a>

**SyncSwap is designed to be owned by the community.**&#x53;yncSwap is governance enabled, and the community can directly control key protocol parameters including the weekly emission of rewards.There are also various protocol parameters that can be changed through governance proposals, like trading fees of pools and fee allocations


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