Token Introduction
Token Supply
1st Year: 100million SYN ( 90million are produced by liquidity mining, 10million are pre-mined and for presale & airdrop)
2nd Year: 62.22 million SYN
3rd Year: 40.12 million SYN
4th Year: 24.44 million SYN
5th Year: 12.28 million SYN
6th Year: 20 million SYN
SYN additional issuance formula:
-54.5ln(x)+100
Every year’s supply of SYN will be stabilized at 20 million after the 5th year.
Token Distribution
Staker : 62%
Asset Custody(90 days) . Asset will be released after 90 days. During the 90 days, users’ asset can be used for synthetizing assets.
Outer liquidity provider : 16%
Asset Custody(90 days),Asset will be released after 90 days. During the 90 days, users’ asset can be used for synthetizing assets.
Trader: 10%
No custody, but can get rewards weekly.
Holder: 2%
No custody, but can get rewards weekly.
Team: 10%
Asset Custody(90 days),Asset will be released after 90 days. During the 90 days, users’ asset can be used for synthetic assets.
Token Airdrop
Total 1 million SYN will be airdropped to Holder of MDX and HT irregularly.
Token Marketing
Budget: 1 million SYN in 5 years.
Synbit’s official website: www.synbit.io
Twitter:https://twitter.com/SynbitProtocol
Telegram:https://t.me/Synbit
GitHub:https://github.com/Synbitio
Discord:https://discord.gg/MycR8DK