Tokenomics
Total supply: 10B token $SYN
Mining and Staking Rewards: 40% (4,000,000,000 $SYN)
Purpose: To incentivize participants who contribute computational resources to Syneris's decentralized GPU network. This allocation rewards users for mining and staking activities, ensuring robust network security and performance.
Vesting: 60-day lock period, followed by 3 months of staking to redeem.
Treasury: 10% (1,000,000,000 $SYN)
Purpose: To maintain a reserve for future strategic initiatives, partnerships, and unforeseen expenses. The treasury ensures the project's long-term sustainability and adaptability.
Vesting: 20% released at TGE, with the remaining 80% locked for 12 months, then linearly vested over 12 months.
Public Sale: 12% (1,200,000,000 $SYN)
Purpose: To raise capital for platform development, marketing, and expansion efforts. The public sale allows community members to invest in and support the project's growth.
Vesting: 50% released at TGE.
Research and Development (R&D): 8% (800,000,000 $SYN)
Purpose: To fund ongoing innovation, development of new features, and enhancement of the Syneris platform. This allocation ensures the project remains at the forefront of technological advancements.
Vesting: 3-month cliff, then linearly vested over 2 years.
Ecosystem Grants: 6% (600,000,000 $SYN)
Purpose: To support developers, projects, and initiatives that build on or integrate with the Syneris platform. Ecosystem grants foster a vibrant and diverse community, promoting widespread adoption.
Vesting: Locked for 6 months, then linearly vested over 18 months.
Seed Funding: 8% (800,000,000 $SYN)
Purpose: To attract early-stage investors who provide essential capital and strategic guidance. Seed funding accelerates initial development and market entry.
Vesting: 15% released at TGE, with the remaining locked as per schedule.
Contributors and Advisors: 10% (1,000,000,000 $SYN)
Purpose: To reward team members, advisors, and key contributors for their efforts and expertise. This allocation aligns their interests with the project's success.
Vesting: Locked for 6 months, then linearly vested over 1.5 years.
Liquidity Provision: 6% (600,000,000 $SYN)
Purpose: To ensure sufficient liquidity on exchanges, facilitating smooth trading and price stability. This allocation supports a healthy market environment for $SYN tokens.
Vesting: 100% released at TGE.
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