SYN token
Overview
Synapse Protocol, which operates a cross-chain bridge and interoperability platform, issues SYN as its native token for governance and utility purposes. The token serves functions including protocol governance, network security through staking, and settlement of fees for cross-chain transactions.
Within The Counterparty graph, SYN connects to 2 tracked entities, most strongly to Synapse Protocol, Synapse.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Synapse Protocol | 85% |
supports_token | Synapse | 85% |
Frequently asked questions
What is SYN?
SYN is a governance-utility tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Synapse Protocol, Synapse.
What type of entity is SYN?
SYN is classified as a governance-utility (token) in The Counterparty knowledge graph.
What is SYN connected to?
In The Counterparty knowledge graph, SYN is linked to 2 other tracked entities, most strongly to Synapse Protocol, Synapse.