1. SOON Mainnet – A general-purpose Layer 2 network built on Ethereum. 
2. SOON Stack – Infrastructure that allows SVM-based Layer 2 chains to be deployed on any L1. 
3. InterSOON – A cross-chain protocol enabling messaging and interaction between different chains. 

Team Information

The SOON team consists of experienced developers specializing in blockchain and SVM technologies. They have previously contributed to successful projects in Solana and Ethereum ecosystems. 

• Co-Founder & CEO: Joanna Zeng (former executive at Aleo) 
• CTO: Andrew Zhou 
• Other Key Members: Experts from Coinbase, OP Labs, AWS, and former Nexon executives (Jiwon Park and Steve Chae) 

Investors & Partners 

RAAS Partners: AltLayer (backed by Polychain Capital, Hack VC), Caldera (Ethereum modular rollup integration) 

Industry Leaders & VCs: Jump Crypto, Hack VC, ANAGRAM, ABCDE, Amber Group, The Rollup Ventures, Hypersphere, SNZ Capital, ArkStream Capital, GeekCartel, PAKA, MH Ventures, IDG Capital 

Project Concept

The vision is to provide full interoperability across different L1 networks and enable high-performance applications. Its primary goals: 

• Deploy high-performance SVM-based Layer 2 chains across all major L1s. 
• Use the InterSOON protocol to facilitate seamless cross-chain communication. 
• Enhance user and developer experience to accelerate mass blockchain adoption. 

How the Project Works

SOON’s operations are summarized in three layers: 

1. SOON Mainnet:
   A general-purpose Layer 2 network on Ethereum, handling transaction verification and smart contract execution via Decoupled SVM. 
2. SOON Stack:
   Enables SVM-based Layer 2 chains, called SOON Chains, to deploy on any L1. Works with AltDA solutions to provide infrastructure for scalable, high-performance applications. 
3. InterSOON:
   Cross-chain messaging protocol enabling native and standard communication between SOON chains and other L1s, allowing seamless interaction within the ecosystem. 

Governance

The ecosystem grants governance rights to $SOON token holders: 

• Voting on protocol upgrades and improvements 
• Managing ecosystem funds and grant programs 
• Defining treasury management and reward distribution 
• $SOON holders can participate directly in ecosystem decision-making. 

$SOON Token

$SOON is the native token of the SOON ecosystem, used for governance, staking, and ecosystem activities. Token holders can participate in network governance, stake to earn rewards, and access premium ecosystem features. 

Token Use Cases

• Governance: Protocol decisions and grant allocations 
• Ecosystem Activities: dApp transactions on SOON Mainnet and S. Chains 
• Rewards & Incentives: Incentives for developers and contributors 
• Staking: Validators stake $SOON to secure the network and earn ~3% annual rewards 

Token Information: 

• Total Supply: 972.83M SOON 
• Max Supply: ∞ 
• Circulating Supply: 288.93M SOON 

Token Distribution

• Community: 51% – fair launch and long-term supporters 
• Ecosystem Fund: 25% – grants, partnerships, strategic investments 
• Airdrop & Liquidity: 8% – user acquisition and exchange liquidity 
• Foundation/Treasury: 6% – operations, R&D, sustainability 
• Team & Early Contributors: 10% – project founders and contributors 

Roadmap 

• $SOON Pre-Staking: Launch of early staking mechanism 
• simpfor.fun V2: Advanced application release 
• Copy-Trading “Gold” Support: Enhanced copy-trading activated 
• Telegram & Twitch Integrations: New user channels launched 
• $SOON Native Gas Token: Gas token for all SOON SVM Chains 
• Account Abstraction & Universal Accounts: Account Abstraction wallets supported 
• Asset Diversity: Expanded copy-trading for US stocks and RWAs 

Ecosystem

The SOON ecosystem unites users and developers via SOON Mainnet, SOON Stack, and InterSOON. It supports cross-chain interoperability, retains users in the network, reduces costs, and provides high-performance infrastructure for DeFi, gaming, and financial applications. 

• Ecosystem Integration: Cross-chain connections with Ethereum, Solana, BNB Chain, Bitcoin, and TON 
• Appchains: Specialized, application-focused SVM Rollups in each ecosystem 

Official Links 

• Website
• SoonFoundation
• Twitter

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The post What is SOON Token? appeared first on Coin Engineer.

What is Syndicate (SYND)?

Syndicate enables developers to build application-specific blockchains (appchains) powered by programmable sequencer smart contracts, consisting of three main layers:

• Execution Layer: The environment where transactions are processed and the appchain’s state is updated. Syndicate appchains can leverage any rollup framework* (e.g., Arbitrum Orbit).
• On-Chain Sequencing Layer: Programmable sequencer smart contracts on Syndicate Chain define transaction inclusion and ordering rules. They provide developers and communities with full control over sequencing, economic mechanisms, and permission/governance models.
• Settlement Layer: Provides cryptographic security, finality, and settlement, hosting the appchain’s gas token. Developers can choose EVM-compatible settlement layers like Ethereum L1 or Base L2, with additional chains available upon technical evaluation.

Syndicate currently supports Arbitrum Orbit Stack; support for OP Stack and other frameworks is planned.

Syndicate appchains offer advantages such as easy customization of transaction ordering rules, designing custom economic models, reducing operating costs by 10-100x, integrating enshrined protocols (oracles, VRF, marketplaces), atomic cross-chain composability, and progressive decentralization. They cater to a wide range of applications, from consumer to finance, gaming, and decentralized physical infrastructure (DePIN).

Purpose of Syndicate (SYND)

Syndicate’s vision is to make web3 mainstream by scaling to billions of users. Appchains maximize technical and economic alignment with applications and tokenized communities. Syndicate breaks the core tradeoff between customization and composability, offering appchains full control and atomic composability. Its mission is to overcome the limitations of centralized sequencers (lack of control, single points of failure, value leakage, high costs, loss of composability, data loss risks, and lack of community control) by providing programmable on-chain sequencers for flexibility, resilience, and community ownership.

Syndicate represents the shift from general-purpose chains (congestion, high fees) and scaling solutions (limited customization) to application-centric chains. Projects like Uniswap, Jupiter, and Ethena are moving to appchains for greater control over networks, fees, and economies. Syndicate makes these appchains programmable, composable, and community-driven, realizing web3’s ultimate goal.

How Syndicate (SYND) Works

Syndicate enables appchains to scale web3 horizontally through a network of networks. The Syndicate Stack integrates custom components with existing rollup solutions (e.g., Arbitrum Nitro). The transaction flow is as follows:

1. User: Initiates a transaction via a wallet or dApp.
2. Syndicate Mempool (optional): Collects and batches transactions.
3. Syndicate Sequencer: Submits transactions to Syndicate Chain.
4. Syndicate Chain: Applies on-chain sequencing, rules, and permissions.
5. Syndicate Translator: Prepares blocks for execution.
6. Rollup Framework: Executes transactions and updates state (e.g., Arbitrum Nitro).
7. Syndicate Proposer: Submits data to the settlement chain.
8. Settlement Chain: Ensures security and finality (Base, Ethereum Mainnet, etc.).

Syndicate moves sequencing logic to on-chain smart contracts, enhancing decentralization and reducing costs. The management console simplifies technical operations, allowing developers to focus on economics and governance.

Use Cases

Syndicate appchains cater to a broad range of applications:

• Consumer and Social Applications: Low-fee, community-driven appchains.
• Finance and Real-World Assets (RWA): Scalable DeFi networks and RWA tokenization platforms.
• Decentralized Physical Infrastructure (DePIN): Customized networks for specific industries.
• Gaming: High-performance chains with custom transaction ordering for gameplay.
• Examples: Loyalty-based commerce appchains, manufacturing appchains sharing fees with supply chains, volume-based finance appchains, real-time reward gaming appchains, and usage-based incentive social appchains.

Tokenomics Structure

The SYND token is the native asset of the Syndicate Network, powering appchains, facilitating transactions, and securing the network. Key details:

• Token Standard: ERC-20
• Total Supply: 1,000,000,000 SYND (fixed)
• Minted at Genesis: 920,000,000
• Emissions: 80,000,000 (over 48 thirty-day epochs)
• Initial Circulating Supply: Non-transferable until public launch

Distribution:

• Treasury: 25.87% (controlled by SYND holders via governance)
• Team: 24.99% (4-year vesting, 1-year cliff)
• Investors: 15.89% (4-year vesting, 1-year cliff)
• R&D: 9%
• Network Emissions: 8% (48 epochs)
• Liquidity Incentives: 7%
• Liquidity Operations: 4%
• Pre-Launch Partnerships: 3.25%
• Airdrop: 2% (August 15, 2025)

Emission Schedule: 80M SYND is distributed over 48 epochs with geometric decay (first epoch: 2,577,259 SYND; final epoch: 997,205 SYND). Staking operates on 30-day epochs, distributing rewards via Base Pool (30%), Performance Pool (30%), and Appchain Pool (40%). Stakers earn based on stake size and appchain performance.

Syndicate (SYND) Investors

Syndicate is backed by investors, raising $21.8M. Key investors include:

• Tier 1: Andreessen Horowitz (a16z crypto), Coinbase Ventures, Delphi Ventures, Balaji Srinivasan, Circle, Stani Kulechov, Raj Gokal.
• Tier 2: IDEO CoLab Ventures, P2 Ventures, Robot Ventures, CoinFund, Electric Capital, Sfermion, 6th Man Ventures, Variant, Nascent, YGG.
• Tier 3: Protocol Labs, Outlier Ventures, LedgerPrime, a_capital, Scalar Capital, Sound Ventures, OpenSea, Global Coin Research, BlueYard Capital, True Ventures, Kleiner Perkins, Uniswap Labs Ventures, Ryan Sean Adams, FalconX, CoinList, Tyler Ward, 35Ventures, Weekend Fund, Aave.
• Tiers 4 and 5: DeFi Alliance, South Park Commons, Xoogler, Broadhaven Capital, Chainforest, Afropolitan DAO, Makena Capital, PoolSuite, Reach Capital, States DAO, Steel Perlot, WE3, and others.

Official Links

• Website
• X (Twitter)
• Whitepaper

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