According to Foresight News, the DAO infrastructure service provider Syndicate will launch the token SYND this month. The total supply of SYND tokens is 1 billion, of which 2% will be airdropped to the community, 3.25% will be used for cooperative Pre-Launch, 4% will be used for liquidity operations, 7% will be used for liquidity incentives, 8% will be used for network emissions, 25.87% will be allocated to the treasury, 24.99% will be allocated to the team, 15.89% will be allocated to investors, and 9% will be used for research and development.

The AppChain infrastructure Syndicate is about to launch the Token SYND, with a total issuance of 1 billion coins, of which 2% is allocated for Airdrop, 15.89% for investors, and 24.99% for the team. SYND is its native Gas Token, empowering developers to build customized AppChains and transaction ordering rules. Syndicate has received funding from several well-known investment institutions.