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Syndicate will issue tokens this month, with 2% going to community airdrops

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2025-09-04 04:54:16
On September 4th, Syndicate, the application chain infrastructure, announced in X that it will release the token SYND this month, with a total issuance of 1 billion, of which 2% will be airdropped to the community, 15.89% will belong to investors, and 24.99% will belong to the team. SYND is the native gas token of Syndicate Network, which powers the application chain.
Previously, Syndicate received multiple rounds of funding led by a16z, with other investors including IDEO CoLab Ventures, Coinbase Ventures, Robot Ventures, Variant Fund, Alliance DAO, Electric Capital, Delphi Digital, CoinFund, and Archetype.
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