Syntrum Token
Syntrum token is the native token of the Syntrum blockchain and ecosystem. It has the following information:
Token Info
Name: Syntrum
Symbol: SYT
Total Supply: 500,000,000
Contract Address: 0xc8955E1d6a1785F951180e516ac00b940fF0b249
Explorer Links:
Ethereum: https://etherscan.io/token/0xc8955E1d6a1785F951180e516ac00b940fF0b249
Binance: https://bscscan.com/token/0xc8955e1d6a1785f951180e516ac00b940ff0b249
Polygon: https://polygonscan.com/token/0xc8955e1d6a1785f951180e516ac00b940ff0b249
Cronos: https://cronoscan.com/token/0xc8955e1d6a1785f951180e516ac00b940ff0b249
Use cases
Syntrum (SYT) has the following main use cases:
Blockchain gas fees
SYT tokens serve as a means of payment for transactions within the Syntrum network, they are used to incentivize network nodes to validate blocks on the Syntrum blockchain network, thereby preserving network decentralization.
Membership and Access to permissionless protocol
Holders and stakers of SYT unlock more features on the Syntrum ecosystem. Also, users can access our permissionless protocol by either subscribing or locking a specified amount of SYT.
Access to technological services and dApp features
SYT provides access to various services, products, and features within the Syntrum ecosystem, enabling users to utilize the platform's technology and advanced features.
Voting and Governance
SYT can be used to participate in decentralized governance and decision-making processes within the Syntrum ecosystem, giving token holders a say in the direction and development of the network.
Other use cases for the Syntrum token include:
Means of exchange
SYT serves as a medium of exchange on the Syntrum ecosystem's peer-to-peer NFT marketplace and game hub.
Incentives for participants and dApp users
SYT serves as a reward for users who participate in the network's staking consensus mechanism, contributing to network security. It is also used to reward users of Syntrum's dApps, including play-to-earn and staking dApps.
Total Supply and Allocation
| Allocation Description | Amount | Percentage |
|---|---|---|
Marketing/Airdrop | 10,000,000 | 2.0% |
Development | 30,000,000 | 6.0% |
Team | 40,000,000 | 8.0% |
Liquidity | 40,000,000 | 8.0% |
Partnership | 60,000,000 | 12.0% |
Token Sale | 120,000,000 | 24.0% |
Ecosystem | 200,000,000 | 40.0% |
Total | 500,000,000 | 100.0% |
Token Sale Allocation
The token sale allocation is further allocated as follows:
| Token Sale Allocation | Amount | Percentage |
|---|---|---|
Presale - Round 1 | 5,000,000 | 1.0% |
Presale - Round 2 | 5,000,000 | 1.0% |
Presale - Round 3 | 5,000,000 | 1.0% |
Presale - Round 4 | 5,000,000 | 1.0% |
IDO/IEO | 30,000,000 | 6.0% |
Seed/Strategic Investors | 70,000,000 | 14.0% |
Total | 120,000,000 | 24.0% |
Token Sale Price
| Token Sale Allocation | Price | Vested |
|---|---|---|
Seed/Strategic Investors | $0.040 | Yes |
IDO/IEO | $0.060 | Yes |
Presale - Round 1 | $0.065 | No |
Presale - Round 2 | $0.075 | No |
Presale - Round 3 | $0.085 | No |
Presale - Round 4 | $0.095 | No |
Allocation's Lockup and Vesting
IDO Allocation: 20% released at TGE, and the remaining tokens are released over a 5-month period, with 16% released each month.
Seed/strategic Investors Allocation: 10% released at TGE, and the remaining tokens are locked up for 3 months, then released over an 18-month period, with 5% released each month.
Team Allocation: No tokens are released at TGE. There is an initial lockup period of 5 months, after which the tokens are released gradually over a 50-month period, with 2% being released each month.
For complete details on tokenomics, lockup and vesting, click here
Disclaimer: The use cases of the Syntrum token listed above do not indicate investment value as a whole, in part, or individually.
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