Basic Information
Overview of the SYND token
Token details
The SYND token is the native digital asset of the Syndicate Network, designed to power appchains, facilitate transactions, secure the network, and align stakeholders across the ecosystem.
Core information
SYND is deployed as an ERC-20 token with a fixed total supply of 1,000,000,000 tokens. The token serves as the gas token for the Syndicate Network and Commons Chain, enabling all appchain sequencing transactions and network operations. Through its utility as both a gas token and staking token, SYND creates economic alignment between appchain developers, users, and the broader Syndicate ecosystem.
Token specifications
- Symbol: SYND
- Decimals: 18
- Token standard: ERC-20
- Total supply: 1,000,000,000 SYND (fixed)
- 920,000,000 minted at genesis
- 80,000,000 to be minted as emission sacross 48 epochs of 30 days
- Initial Circulating Supply: Currently non-transferable until public launch