Vocabulary

System Roles

• Synbo Protocol: A self-custodial decentralized community capital protocol that provides decentralized consensus matching and CCO (Community Capital Offering) services for blockchain consensus systems. It enables TOKEN issuance for projects through Proof of Position to verify the validity of project demand, thereby enhancing the accuracy and success rate of the demand.

• Beta Miner: Refers to users who provide liquidity to the protocol's self-custodial fund pool. Taking ETH as an example, any user can deposit ETH assets into the fund pool, creating position certificates for the protocol, and earn substantial annual capital gains through the yield certificates. Users can redeem their liquidity assets at any time using the certificates. This role aligns with low-risk, steady returns.

• Alpha Broker: Refers to users participating in the Proof of Position consensus. They must stake their position assets as collateral to assist contractors in completing the issuance of Tokens, and in return, they receive Alpha incentives. This role is characterized by high risk and high reward.

  Professional Experts (Registered Alpha Brokers): The system allows decision-savvy KOLs (Key Opinion Leaders) to professionalize themselves, helping the community discover promising investment opportunities, and in doing so, earn professional rights and benefits.

• Investor: Refers to individuals who directly invest in projects that have passed position consensus and receive project Tokens in return. Investors can participate based on their own judgment or by following the decision-making of subscribed Alpha Brokers, engaging at their discretion.

System Assets

• Community Capital Pool: This refers to a self-custodial capital pool formed by the community through liquidity provision, which can be used for business investments. Synbo Protocol supports multi-chain deployment. For example, the capital pool on Ethereum supports ETH, while the capital pool on Binance Smart Chain supports BNB.

• Position Token: Generated by liquidity-providing fund pools, serves as a guarantee certificate for the system's position proof, cancelled upon liquidity redemption.

• Yield Token: Generated by liquidity-providing fund pools, serves as a profit certificate for Beta Miners' farming activities. Beta Miners stake Yield Tokens to earn staking rewards and business incentives from the system, cancelled upon liquidity redemption.

• Fundraising Tokens: These are the tokens provided by the project team during fundraising, which will ultimately be distributed to real seed users.

• Synbo Token: The system token of Synbo, where 59% is inflated through liquidity supply staking, and deflated based on business transaction fees. Its main uses include: (1) Balancing risks and benefits between Alpha Voucher and Beta Miner; (2) Serving as the Power value for Alpha Voucher's position proof adoption; (3) Serving as the core credential for system decentralized governance.

System Terminology

• Proof of Position: This refers to the consensus decision-making process for the Contractor's checks. Each check from a Contractor undergoes a 2+3 day decision-proof cycle, with only one check being valid at any given time. Alpha Brokers inspect each check using Position Tokens to implement long and short positions. The inspection process by Alpha Brokers is the essence of the Proof of Position process.

• Risk Grading: The Contractor’s check withdrawal rights are divided into a three-stage model with a 4:3:3 ratio. The successful completion of Proof of Position and distribution unlocks the full withdrawal rights of the check.

• Post-Investment Management: The system employs a rejection-based proposal authorization mechanism for checks that have gained withdrawal rights through Proof of Position, reducing the risk of Contractor misconduct.

• Liquidation and Dividends: Participants who take long or short positions in the Proof of Position process will ultimately settle their Position Tokens and receive dividends from their earned profits.

• Premium Distribution: Contractors are required to pre-deposit fundraising tokens into the protocol during fundraising. The distribution progress directly affects the unlocking of check withdrawal rights and the earnings of Alpha Brokers.