Syntrum

Blockchain Infrastucture for DeFi, GameFi and NFT Applications

9 min readMar 27, 2023

#Syntrum #DeFI #NFT #GameFi #blockchain #Polkadot #Cosmos #Ethereum

Introduction

Syntrum is a multi-layer blockchain infrastructure and ecosystem designed with economic consideration, scalability, and interoperability at its core. It provides developers and projects with the necessary tools and services to build and grow their ventures in a cost-effective manner.

The Syntrum blockchain uses a unique combination of Proof of Staked Authority (PoSA) and Proof of Value (PoV) consensus mechanisms to achieve gasless transactions and real-time interoperability without the need for layer 2 bridge applications. With supernodes validating blocks on parallel networks, Syntrum ensures true interoperability in real-time, while ensuring robust network security

Features

True interoperability

The Syntrum Blockchain utilizes a master network (kyrios Chain) that synchronizes with other blockchains through a parallel mirror network technology, allowing dApps to operate seamlessly across all blockchains without the need for bridges.

Gas Free Transaction

Syntrum Blockchain revolutionizes the way we transact by offering gas-free transactions. Our innovative PoS-PoV consensus mechanism and optimized dApp bandwidth leveling network architecture make this possible. No more network spamming issues — just seamless, gasless transactions.

White Label dApp Solutions

Syntrum is more than just a blockchain infrastructure — we offer white label solutions through our dApp-as-a-Service suite. We empower builders and creators in DeFi, GameFi, and NFT products and applications with effective and scalable technologies.

Decentralize and Secure

Syntrum uses a hybrid PoS-PoV consensus mechanism, ensuring the security and decentralization of cross-chain interactions. Our super node validation adds an extra layer of security, eliminating the risk of a single point of failure.

The Technology

Syntrum Blockchain revolutionizes the conventional blockchain validation-validator reward mechanism. Our novel Proof of Staked Authority-Proof of Value (PoSA-PoV) consensus mechanism, along with optimized dApp bandwidth leveling architecture, enables gasless transactions on the Syntrum blockchain.

At the core of the Syntrum blockchain is the Kyrios Chain, the master chain of the network, on which all transactions on the Syntrum network are validated and processed in a secure and efficient manner.

In addition to the Kyrios Chain, the Syntrum Blockchain has a layer of parallel mirror chains (SynChains). These chains essentially mirrors other blockchains and sync the useful data to the Kyrios Chain in real-time, while still maintaining a high degree of security and trustlessness.

With this, the Syntrum Blockchain achieves true interoperability with other blockchains. Users on other blockchain can interact with dApps on the Syntrum blockchain without asset swap if such interaction does not require a swap.

What Makes Syntrum Better

One major addition that makes SynLend better than competitors is the universal notifier. This feature notifies borrowers on Telegram or via email on every loan status change. With this, borrowers can make decisive actions and are not liquidated unaware.

In addition to the above, SynLend includes the following additions and improvements:

Specific assets used as collateral allow borrowers to access interest-free loans.
Lent assets generate both interest and a yield bonus. With this, lenders are more incentivized than competitors.
Users can use multiple assets as collateral at the same time.
Users can take loans out in portions against deposited collaterals. Each loan access is secured by portions of the deposited collateral.
Borrowers can top up collateral to improve loan health and prevent liquidation.

Future Innovations:

Syntrum’s innovations are driven by the needs acknowledged in the space and the technology trends that are being adopted. With SynLend, here are some future functionalities and improvements that are being explored and developed:

Support of NFTs as Collateral:

Whitelisted NFTs can be used as collateral, and a whitelisting protocol is being developed to make integrating third-party NFTs easy.

Protocol-Business Borrowing:

In the near future, businesses like centralized exchanges will be able to borrow assets on a business scale.

Self-Repaying Loans:

For specific assets used as collateral, borrowers will be able to enjoy self-repaying loans. In this type of loan, borrowers will not be required to repay the loan, as the loan repays itself over time.

Products

Beyond its blockchain infrastructure, Syntrum offers white-label solutions through its dApp-as-a-Service suite. This empowers developers, projects, builders, and creators in the DeFi, GameFi, and NFT spaces with access to effective and scalable dApp technologies. With the suite, building on the Syntrum ecosystem is less challenging and more cost-effective.

The above is a list of some of the dApp technologies that are being developed on the Syntrum ecosystem. Token launch, decentralized incubator dApps and engage/participate-to-earn type dApps are also in development.

Syntrum Token

Use cases

Syntrum token (SYT) is the native token of the Syntrum blockchain and ecosystem. It has the following main use cases:

Blockchain gas fees

SYT tokens serve as a means of payment for transactions within the Syntrum network, they are used to incentivize network nodes to validate blocks on the Syntrum blockchain network, thereby preserving network decentralization.

Access to technological services and dApp features

SYT provides access to various services, products, and features within the Syntrum ecosystem, enabling users to utilize the platform’s technology and advanced features.

Voting and Governance

SYT can be used to participate in decentralized governance and decision-making processes within the Syntrum ecosystem, giving token holders a say in the direction and development of the network.

Other use cases for the Syntrum token include:

Means of exchange

SYT serves as a medium of exchange on the Syntrum ecosystem’s peer-to-peer NFT marketplace and game hub.

Incentives for participants and dApp users

SYT serves as a reward for users who participate in the network’s staking consensus mechanism, contributing to network security. It is also used to reward users of Syntrum’s dApps, including play-to-earn and staking dApps.

Total Supply and Allocation

Allocation’s Lockup and Vesting

Team’s allocation is locked for 2 years, 5% emission quarterly after 2 years.

Partnership and development fund is locked up. Max. of 10% can be emitted at a time and on community vote

Foundation allocation is locked. Committee is set and community votes for any unlock.

Roadmap

2021

Formation of entity mission and vision.
Development of key features’ architecture.
Product development started.
Expansion of the team — Hiring of technical team members (Phase 1)

2022

Development and testing of several dApps/Products.
Product market viability testing.
Development of community building strategies.
Marketing and PR Partnerships.

Q1–2023

DeFi :- SynLend

A user-centric, multi-chain decentralized algorithmic money market, gives users access to lending and overcollateralized borrowing.

Alpha release — Testing on multiple chains
SynLend Smart Contract Audit
Mainnet Deployment on multiple blockchains
Multi-device notification Micro-service
Mobile App Integration

Marketing/Community — Centered

Adoption of an optimal marketing strategy that combines several marketing approaches used in the crypto space and a community — centered marketing mechanism

Repeated marketing events
Community engage-to-earn events
Paid marketing

GameFi Development Planning

GameFi hub for gamification of actives, such as actual games, tech development, bug bounty and play-to-earn management portals.

GameFi board and team selection
Development and budgeting
Proposal and governance mechanism

Partnership and Investors

To build an ever growing and sustainable blockchain/crypto project, a target of over 10 partners/Investors have been set for the first quarter of 2023.

Business/tech partnerships
Investors
Marketing partnerships

LaunchPad

A Decentralized token sales platform, supports KYC (when applicable) and uses an improved tiered-weighted token alocation algorithm.

Alpha release — Testing on multiple chains
LaunchPad Token Sale Smart Contract Audit
Mainnet Deployment on multiple blockchains
Token Sale DAO Voting Mechanism
Multi-device notification Micro-service

DeFi — SynVault

Multi-chain Staking and Liquidity mining vaults for Syntrum native assets. Supports the staking of tokens and NFTs across multiple blockchains.

Alpha release — Testing on multiple chains
Staking/Farming Smart Contract Audit
Mainnet Deployment on multiple blockchains
Mobile App Integration

Token Generation Event

Token deployment on supported blockchains and the following token generation events takes place.

Seed and Angel Investors
Private Sale
Public Sale
Token Sacrifice Event

Exchange Listing

Token listing on both CEXs and DEXs across supported blockchains.

Token DEX Listings
Token CEX Listings

Q2–2023

DeFi :- SynMargin/TMargin

Decentralized multi-chain leverage trading protocol. Undercollateralized lending mechanism that supports cross leverage trading and arbitrage on multiple DEXs.

Alpha release — Testing on multiple chains
SynMargin TMargin/MBitrage Smart Contract Audit
Mainnet Deployment on multiple blockchains
Multi-device notification Micro-service
Mobile App Integration

NFT :- Marketplace

User-friendly digital marketplace for crypto collectibles and non-fungible tokens (NFTs). Trade and discover exclusive digital items.

NFT Trading and Auctioning feature
Custom Marketplace Store Front for Creators and Projects
Alpha release — Testing on multiple chains
Mobile App Integration

GameFi :- SynBox

Synbox, the Roblox of web3.0, bring your imagination to life. Earn as you create game assets and game worlds. Monitize Created your game assets

Game/World map development
Asset block clarification and earning algorithm
Alpha release v1 — Testing on multiple chains
Mobile App Integration

GameFi :- Build-To-Earn

A game builders hub where SynBox assets can be utilized in the development of games. custom games can be developed with little to no code. Browse through collections of game assets and worlds, integrate them to your game.

Asset collection browser portal
Builders/developers playground with collaborative tools
GameFi web3.0 plugin hub
Mobile App Integration

DeFi :- SynBridge

Cost effective, permissionless Token/NFT asset bridge with integrated Balance Point Seeking mechanism. Allow users to move assets easily and seamlessly across blockchains.

Alpha release v1 — Testing on multiple chains
Balance Point Seeking Mechanism
V2 Mainnet Deployment on multiple blockchains
SynBridge Smart Contract Audit
V2 Mainnet Deployment on multiple blockchains
Mobile App Integration

Syntrum Governance Mechanism

Major decisions relating to the development of Syntrum is to be decided by the people in the future, with this as the goal, a Decentralized Autonomous Organization (DAO) mechanism is being developed.

DAO Proposal/Voting Mechanism
Integration with DeFi products
Integration with GameFi products
Integration with NFT products

DeFi — SynTokenomics

Token generation and tokenomics mechanism. Deploy, auto configure tokenomics, set lockup/vesting and distribution schedules with zero coding.

Deploy ERC20 Token
Deploy 721/1155 NFTs
Auto-configure token distribution and lockup

Q3–2023

GameFi :- Scholarship Managment

Scholarship management platform for GameFi projects. Where users access and manage their scholarships on multiple GameFi projects.

Asset Scholarship and Earning Splitting Protocol
Project configuration portal
Sponsor/scholar portal
Alpha release — Testing on multiple chains
Protocols smart contract audit
Mainnet Deployment on multiple blockchains
Integration of 10+ Play-To-Earn Project
Mobile App Integration

Mobile Wallet V1

Decentralize and secure multi-chain crypto mobile wallet developed to give users optimal user-experience and simplicity

Crypto assets support
NFT assets support
dApp Browser

DeFi :- SynVault as a Service (aaS)

Customizable multi-chain dApps aaS, includes staking and liquidity mining vaults. A cost effective and fully audited option for developers and projects.

Testing of tokens and NFTs across multiple blockchains.

Alpha release — Testing on multiple chains
Staking/Farming Smart Contract Audit
Admin configuration portal
Frontend integration codebase
Mainnet Deployment on multiple blockchains

NFT :- Asset uBrowser

Universal NFT smart contract browser, gives creators access to customize smart contract. Creators can connect and interact with contracts seamlessly.

Alpha release — Testing on multiple chains
Creators configuration portal
Mainnet Deployment on multiple blockchains

Q4–2023

Syntrum Blockchain — Testnet

Syntrum blockchain, an infrastructure for DeFi, GameFi and NFT dApps. It leverages network mirroring technology to achieve real-time multi-network synchronization. An immutable network mirror tech. Which eliminates inter-network latency to achieve true interoperability. Allowing real-time communication between decentralized applications built on different blockchains.