FQA
You can get a quicker initial understanding of Synbo through the following questions.
What is SYNBO Protocol ?
Synbo is a decentralized capital protocol designed to facilitate efficient consensus matching and Community Consensus Offering (CCO) services for blockchain projects. Distinct from traditional issuance mechanisms, CCO emphasizes the active engagement of community members in the decision-making process. The issuance of its TOKEN relies on a consensus mechanism—position proofs—to validate the effectiveness of objectives and ensure that developmental actions align with the collective agreement of participants. This methodology aligns with the increasing trend towards decentralized and community-driven projects, ensuring demand accuracy and enhancing project success rates through broad-based support and congruence with community values.
Synbo operates as a multi-faceted system encompassing Issuers, Investors, Alpha Brokers, and Beta Miners. As a trustless custodian, Synbo safeguards liquidity funds for Beta Miners and implements an algorithm-based rigid redemption logic, while also protecting Alpha Brokers’ Position Tokens in each funding cycle. Fundraising decisions are informed by the consensus derived from Alpha Brokers' position proofs, with rewards and penalties impacting only the participating Alpha Brokers, thereby excluding Beta Miners, who benefit from capital rate returns. Additionally, Synbo mandates that fundraisers deposit their tokens into the protocol prior to withdrawal requests, utilizing a rejection-based proposal process to mitigate the risk of dishonesty.
Alpha Brokers are pivotal within the Synbo ecosystem. They influence investment fund allocation through the acquisition of Position Tokens, engaging in bet-based guarantees where rewards and penalties are proportionate to their involvement and personal interests, a concept known as Proof-of-Position.
Beta Miners contribute liquidity to the Synbo ecosystem and derive capital rate returns from the protocol. They receive Yield Tokens as proof of earnings and Position Tokens, which facilitate position proof decisions within the system.
The objective of Synbo is to establish a borderless, permissionless, self-custodied system, thereby eliminating centralized control and external approvals. By minimizing the gap between high-quality projects and effective investors, Synbo offers enhanced consensus-driven opportunities rather than relying exclusively on capital.
The DeVC model within the Synbo Protocol is well-aligned with the “consensus-self-custody” paradigm, delivering consensus matching and CCO issuance through decentralization, transparency, community participation, and flexibility. This model addresses the inherent tensions between traditional venture capital and decentralization, reconfiguring the efficiency and operational logic of Venture DAOs. It fosters the discovery and funding of innovative projects, validates demand through in-depth interaction with seed users, and contributes to the advancement of the decentralized economy.
What are Alpha Broker?
Alpha Brokers are key participants in the Synbo Protocol. They achieve consensus for specific financings through shared guarantees facilitated by Position Tokens. Specifically, Alpha Brokers determine the rights to withdraw investment funds from the liquidity pool based on the Position Tokens they hold.
What are Beta Miner?
Beta Miners are a critical component of the Synbo Protocol, primarily responsible for providing essential liquidity to fund pools and other assets. During the liquidity provision process, the system generates two types of tokens: Position Tokens and Yield Tokens. Position Tokens are utilized for executing position proof decisions, while Yield Tokens represent the returns on capital rates earned through participation in the protocol's farming activities.
What is a Position Token?
Position Token ($PT) is a tool token used by Alpha Brokers in their investment decisions. When Alpha Brokers participate in a funding decision, they demonstrate their support for the project by holding Position Tokens. The more Position Tokens they commit to a particular funding round, the greater their influence on deciding to invest in the project. They may receive corresponding rewards or bear penalties based on their commitment.
What are Yield Tokens?
Yield Token ($YT) is a crucial token used by Beta Miners in the Synbo ecosystem when providing liquidity through Farming staking activities to earn low-risk interest income.
What is Synbo Token and the distribution plan of it?
Synbo Protocol aims to achieve an efficient decentralized capital protocol without borders or permissions through blockchain technology. To achieve this goal, we will introduce Synbo Token as the core economic tool within the platform. Synbo Token will play multiple roles in the protocol, including facilitating decentralized governance, incentivizing participant contributions, and implementing reward mechanisms for Beta Miners and Alpha Brokers, reducing Issuers' cheating costs, and promoting the healthy development of the Protocol.
The initial total supply is 1.599B, with a maximum total limit of 3.9B after community Staking inflation. The community incentives comprise 72%, specifically:（1）Airdrop: 13%, tied to ecosystem applications；（2）Farming: 40% , to construct necessary interest rate pools for multi-chain releases；（3）Community Foundation: 19%, locked-in performance Staking allocated to the community foundation for ecosystem development, risk management, and sustainable system growth.
What is the Road-Map of Synbo?
Until now
Started in April 2023
MVP iterated to 0.41
DATA pending launch for Project inclusion
Docs and website has launched
Consensus community developing well
In 2025
Protocol's effective capital: $100M
Release a community-owned Meta-Consultation Dapp
Community size: 100,000
Initiate decentralized foundation for community ecosystem.
In 2026 and more
Protocol‘s effective capital double
Launch AI-powered research services to automatically generate research reports
Community size: 300,000
Protocol v2.0 will launch
Fully On-chain Autonomy by Community Elections
……
The core team of Synbo?
Synbo's core team consists of professionals from the cryptocurrency industry, including senior cryptocurrency fund advisors, deep researchers and practitioners in the blockchain industry, exchange marketing directors, experienced technical directors, and several operations and development experts. The protocol will establish a decentralized foundation using a community election model, and will co-govern with Synbo Labs. The choice of some core founding team members to remain temporarily anonymous is not considered a sign of nefarious activity, but rather a normal and healthy decentralized decision.
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