Important
$SYN update.
As explained earlier, we had decided to postpone the launch due to market conditions.
For that reason, the
$SYN bonding curve was never published or enabled on the Synthra UI.
However, the contracts were already deployed and publicly accessible onchain.
We have now noticed that several large wallets discovered the bonding curve before the wider community and accumulated a significant portion of the supply.
To be completely clear:
These wallets are NOT affiliated with the Synthra team.
We did not participate in these purchases, and this was not the distribution we had planned for the launch.
The team is currently reviewing the onchain distribution and evaluating all available options before deciding how to proceed.
We don't want to make a rushed decision.
Our priority is to protect the integrity of
$SYN and ensure the fairest possible outcome for the Synthra community.
We'll share an update as soon as we have made a decision.