Introduction

The SYNAI token has not been launched. The launch date will be announced soon.

The SYNAI token will serve as a catalyst for motivating and rewarding Synnax Ecosystem participants, including Data Scientists, ensuring that their contributions are recognised and appropriately compensated, whilst further rewarding accuracy and continuous improvement.

A unique discount window and price floor mechanism enables price protection for the SYNAI community.

SYNAI staking will enable Synnax revenue sharing with the SYNAI community.

As the Synnax platform expands and revenue increases, so does the intrinsic value of the SYNAI token through its innovative and multifaceted design.

Discount Window & Price Floor

Verified Synnax users will have periodic access to a discount window where a capped amount of SYNAI will be available for purchase at a discount to market.

The amount and price of SYNAI sold through the discount window enables Synnax to calculate and offer a SYNAI floor price to Data Scientists.

Price Protection

The price floor mechanism protects the SYNAI community by ensuring that, during weak market conditions, Data Scientists have the option to monetise their rewards by selling directly to the Synnax Treasury.

Rewards would only enter the market supply during periods of strength, when the market price of SYNAI is above the current price floor.

Revenue Sharing

A percentage of Synnax revenues are shared with Data Scientists as rewards, and to the SYNAI community via staking.

Staking

SYNAI holders can stake SYNAI to earn a percentage of Synnax revenues.