Question 1

What is Syndicate?

Accepted Answer

SYND is the native token of Syndicate Network and Commons Chain. It has a fixed supply of 1,000,000,000, with 920,000,000 minted at genesis and 80,000,000 emitted over 48 epochs of 30 days. The current schedule uses equal per-epoch emissions of 1,666,666.67 SYND, projected to begin on 1 October 2025. SYND is used as network gas for sequencing and operations. Holders stake on Commons Chain and direct their stake to appchains, which influences how emissions are split across three pools: 30% Base (proportional to stake × time), 30% Performance (mirrors the appchains stakers back) and 40% Appchain (weighted by fees and attracted stake, with logarithmic redistribution). Staker rewards are claimable after each epoch; appchain rewards vest linearly over a year. The roadmap anticipates staking directly securing the L2, with fees accruing to operators.

Question 2

Who created Syndicate?

Accepted Answer

Syndicate was created by its founding team and developers. For detailed information about the project's origins and team, please refer to the official documentation and whitepaper.

Question 3

How do I buy Syndicate?

Accepted Answer

You can buy Syndicate on various cryptocurrency exchanges. First, create an account on a reputable exchange, complete the verification process, deposit funds, and then place an order for Syndicate.

Question 4

Is Syndicate a good investment?

Accepted Answer

The value of Syndicate, like all cryptocurrencies, can be volatile. Before investing, research thoroughly, understand the risks, and never invest more than you can afford to lose. Consider consulting a financial advisor.

Question 5

How do I store Syndicate?

Accepted Answer

You can store Syndicate in cryptocurrency wallets. Options include hardware wallets (most secure for long-term storage), software wallets, and exchange wallets. Always backup your wallet and keep your private keys secure.

Question 6

What makes Syndicate unique?

Accepted Answer

Syndicate has unique features and technology that differentiate it from other cryptocurrencies. These may include its consensus mechanism, transaction speed, scalability solutions, or specific use cases within its ecosystem.

Question 7

What is the current price of Syndicate?

Accepted Answer

The current price of Syndicate is displayed at the top of this page and updates in real-time. You can also view historical price charts and market data including 24-hour trading volume and market capitalization.

Question 8

How is the Syndicate network secured?

Accepted Answer

The Syndicate network is secured through its consensus mechanism, which may include Proof of Work, Proof of Stake, or other validation methods. This ensures transaction integrity and prevents double-spending.

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