Published
by
JH
Welcome to The Neighborhood: Syndicate $SYND
We’re putting our $SYND to work. By staking to Syndicate appchains and powering their data infra with The Neighborhood, we’re aligning with builders where it matters: usage, rewards, and growth.
Today marks the launch of $SYND, the native gas token of Syndicate. From the start, SYND is used for all sequencing transactions and to pay gas when deploying or managing appchain sequencers. As the network matures, fees transition to a decentralized model where operators and stakers directly earn from usage. This important feature ties token rewards to real activity. Transactions drive fees, more fees means more rewards for the operators securing the network.
The Indexing Company was chosen as one of the beneficiaries of the $SYND airdrop. Our unique data infrastructure fits well into the design of Syndicate and the related appchains. With our network The Neighborhood we can fetch data from any appchain and serve builders and analytic platforms with that data. We turn raw block data into streams of data to power front-ends, analytics, DeFi Dashboards and cross-chain products. The more activity an appchain has, the more data is processed and the more users benefit from our data infra.
Hence, why we are planning to put our $SYND to good use and will align our stake with builders using The Neighborhood. The unique design from SYND enables us to stake to specific appchains, which causes emissions to flow to the appchain generating activity. By staking SYND and directing our stake to the Syndicate appchains using The Neighborhood, we are aligning with them both in our service and onchain. We support them in becoming a successful appchain, supported by our SYND stake and in return we will share in their growth. Together we create a flywheel where active chains generate more data, stronger economics and a better experience for the end user.
The Neighborhood and Syndicate alignment in practice means: when chains grow, builders thrive, data and chain infra scales, and value flows back to the communities creating it. If you are a team building an appchain on Syndicate or a builder in need of Syndicate or appchain data reach out to us. We both support you with our $SYND stake and our data infra.
Published
by
JH
Welcome to The Neighborhood: Syndicate $SYND
We’re putting our $SYND to work. By staking to Syndicate appchains and powering their data infra with The Neighborhood, we’re aligning with builders where it matters: usage, rewards, and growth.
Today marks the launch of $SYND, the native gas token of Syndicate. From the start, SYND is used for all sequencing transactions and to pay gas when deploying or managing appchain sequencers. As the network matures, fees transition to a decentralized model where operators and stakers directly earn from usage. This important feature ties token rewards to real activity. Transactions drive fees, more fees means more rewards for the operators securing the network.
The Indexing Company was chosen as one of the beneficiaries of the $SYND airdrop. Our unique data infrastructure fits well into the design of Syndicate and the related appchains. With our network The Neighborhood we can fetch data from any appchain and serve builders and analytic platforms with that data. We turn raw block data into streams of data to power front-ends, analytics, DeFi Dashboards and cross-chain products. The more activity an appchain has, the more data is processed and the more users benefit from our data infra.
Hence, why we are planning to put our $SYND to good use and will align our stake with builders using The Neighborhood. The unique design from SYND enables us to stake to specific appchains, which causes emissions to flow to the appchain generating activity. By staking SYND and directing our stake to the Syndicate appchains using The Neighborhood, we are aligning with them both in our service and onchain. We support them in becoming a successful appchain, supported by our SYND stake and in return we will share in their growth. Together we create a flywheel where active chains generate more data, stronger economics and a better experience for the end user.
The Neighborhood and Syndicate alignment in practice means: when chains grow, builders thrive, data and chain infra scales, and value flows back to the communities creating it. If you are a team building an appchain on Syndicate or a builder in need of Syndicate or appchain data reach out to us. We both support you with our $SYND stake and our data infra.
