Syndicate: A Groundbreaking Appchain Infrastructure Poised to Usher in a New Era of Appchains

Abstract

Syndicate is an appchain infrastructure that provides decentralized custom blockchain construction services via the Syndicate Stack and programmable sequencers.

Its appchain network is built on the Syndicate Chain sequencing layer, programmable sequencer contracts, atomic cross-chain composability, a chain factory framework and multi-layer compatible interfaces.

SYND is Syndicate’s native governance token with a total supply of 1 billion.

What Is Syndicate

Syndicate is a decentralized appchain infrastructure that offers custom blockchain construction services via programmable sequencers and the Syndicate Chain. It addresses the lack of customization, sequencing bottlenecks and scalability issues inherent in traditional frameworks, and offers developers high-efficient and high-reliable appchain generation that supports custom transaction sequencing, economic systems, and community governance. Syndicate aims to empower the blockchain ecosystem with limitless appchain capabilities via its “three-layer architecture”, driving the shift from general-purpose chains to dedicated and community-owned appchains.

The Technical Principles and Product Advantages of Syndicate

Syndicate builds a decentralized and community-owned network infrastructure with the Syndicate mainnet as its core. The Syndicate mainnet is built on Arbitrum Nitro, ensuring strong scalability and security. In addition, Syndicate supports block time of approximately 250 milliseconds and a modular design for extensibility. What's more, it also integrates EigenDA for efficient and low-cost data availability.

As the network’s sequencing hub, the Syndicate mainnet transforms the paradigm from infrastructure-as-service to infrastructure-as-ownership. Its core architecture consists of:

Three-layer Architecture

Syndicate adopts an “Execution, Sequencing and Settlement” design, distributing appchain tasks among many independent layers, each with dedicated functions. This modular structure eliminates bottlenecks inherent in traditional monolithic chains, allowing for dynamic scalability to meet the needs of diverse applications. Each layer can independently handle specific types of tasks while collaborating with the wider network to ensure high efficiency and security.

Sequencing Mechanism

Sequencing Hub: The Syndicate mainnet acts as the sequencing hub, essentially functioning as a dedicated Layer-2 chain. All appchains (e.g., game chains, DeFi chains and social chains, etc.) run their on-chain sequencing logic in the form of smart contracts (i.e. Smart Sequencers).

Behind the scenes: When users interact with an appchain, the Syndicate mainnet handles the sequencing of transactions behind the scenes and maintains the programmable sequencing rules, ensuring that transactions are handled according to the predefined logic.

Eliminating lock-in: The core value of the Syndicate mannet lies in the removal of “lock-in". In communities built on Syndicate, infrastructure is no longer leased, instead, it is genuinely owned. Every appchain launched on the Syndicate network is fully programmable, open, and community-owned without hidden dependencies, single points of control, or any centralized party able to arbitrarily change the rules.

Smart Rollups & Sequencers

Syndicate’s smart rollups and smart sequencers further enhance community control on the network. Developers and tokenized communities can have a full control of sequencers, network architecture and economic models. They could define sequencing logic, governance mechanism, fee flows, and MEV (Maximal Extractable Value) strategies via smart contracts. This embodies the essential difference between infrastructure as a service and infrastructure as ownership. Through Syndicate, communities could run networks in line with their own rules and evolve them over time according to demand.

Protocols Embedded in Sequencing Layer

Protocols such as oracles, verifiable random functions (VRFs), and decentralized markets can run in the sequencing layer, achieving lower latency and transparency, and enhancing the performance and trustworthiness of the entire network. In addition, through Syndicate FastBridge, the system supports withdrawals within one hour powered by TEEs (Trusted Execution Environments) and zkVMs (zero-knowledge virtual machines), ensuring both security and fast fund movement.

Overall, via the Syndicate Chain standard, economy of scale, and emission mechanisms, Syndicate greatly lowers the cost of building appchains while delivering high-quality and efficient services. Furthermore, Syndicate's simple and user-friendly interface abstracts away the complexities of distributed systems so that developers can focus on their core business without getting bogged down in the underlying technical details of appchain generation.

Syndicate Tokenomics

SYND is Syndicate’s native governance token, with a total supply of 1 billion. The allocation is as follows: 50.12% for community, 24.99% for team, 15.89% for investors (subject to the same unlock schedule as the team) and 9% for R&D.

SYND plays a vital role in Syndicate, specifically:

Client fees: Developers request chain building or sequencing services and pay in SYND (as gas) proportional to the computational effort required. A portion of these fees is distributed as SYND rewards to nodes, linking developers' demands directly to token demand.

Protocol Emissions and Subsidies: The Syndicate network maintains a fixed release of SYND tokens, which are allocated to nodes based on the contributions they generate for clients.

Staking and Delegation: Token holders can stake or delegate SYND tokens to appchains, directing emissions to subsidize these chains.

Conclusion

Syndicate is a groundbreaking decentralized appchain infrastructure designed to overcome the challenges of customization, transcation sequencing and economic issues in the building of appchain, reigniting innovation in blockchain technology! Syndicate's vision goes far beyond appchain breakthroughs; it is redefining what scalability and application boundaries mean for multichain ecosystems. Whether it is supporting DeFi with custom models or paving the way for atomic composability in gaming, Syndicate embodies the principle that “anyone can build any chain” and is poised to usher in a new era of appchains.