Tokenomics
Token economy is a core component of a socio-economic entity.
Background and Objectives
Synbo Protocol aims to achieve borderless, permissionless, and efficient decentralized capital protocols through blockchain technology. To accomplish this goal, we will introduce Synbo Token as the core economic tool within the platform. Synbo Token will play multiple roles within the protocol, driving decentralized governance, incentivizing participant contributions, establishing incentive pathways for Beta Miners and Alpha Brokers, reducing Issuers' cheating costs, and promoting the healthy development of the ecosystem.
Token Design Principles
Decentralized Governance:
Empower community autonomy through token holder voting to ensure fairness and transparency on the platform.
Incentive Mechanisms:
Provide incentives to participants to encourage greater involvement and contribution, fostering ecosystem growth.
Economic Model Stability:
Maintain token value stability through prudent token issuance and deflation mechanisms.
Utility Principles:
Implement incentive pathways for Beta Miners and Alpha Brokers, reducing Issuers' cheating costs and facilitating ecosystem health.
Token Distribution Plan
Initial Total Supply: 1.599 Billion，The final total community staking inflation is to 3.9 Billion.
Community Incentives: 72% (2.808 Billion)
Airdrop: 13% (507 Million), tied to ecosystem applications
Farming: 40% (1.56 Billion ), for multi-chain releases to build necessary liquidity pools
Community Foundation: 19% (741 Million ), Lock-up performance staking to the community foundation, which will be used for ecosystem development, risk management, and the sustainable growth of the system.
Team and Advisors: 13% (507 Million ), Linear release over the last 5 years based on the capital pool's performance maturity.
Market and Partnerships: 5% (195 Million ), angel investments, consensus building,Release based on the performance of the capital pool.
Strategic Financing: 10% (390 Million),Release based on the performance of the capital pool.
Conclusion
Synbo Protocol is dedicated to creating a borderless, permissionless, and highly efficient decentralized capital protocol system. Our goal is to achieve the sustainable development and targeted outcomes of the decentralized capital protocol through resource coordination and integration. We firmly believe that blockchain technology will fundamentally transform the existing centralized capital paradigm, unleash productivity, and bring more efficient capital flow and fairer market competition to society. Synbo Token carries core functional values, such as enabling incentive channels for Beta Miners and Alpha Brokers, and reducing cheating costs for Issuers. It also serves as the basis for decentralized governance. If you are passionate about the transformative social practice of blockchain and willing to contribute to the development of decentralized capital protocols, this will be a platform where everyone can fairly showcase their great ambitions.
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