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If Syndicate had Bitcoin’s market cap?
The Syndicate Network enables developers to build and operate smart rollups—application-specific blockchains (appchains) with programmable, onchain smart sequencers. Anticipated to launch on September 17, 2025, Syndicate moves sequencing logic from centralized, offchain services into transparent smart contracts on Syndicate Network, allowing applications to customize their transaction ordering, fee structures, and governance models. The SYND token, with a fixed supply of 1 billion tokens, serves as both the native gas token for Syndicate Network and Commons Chain (Syndicate's L3 that settles on Base) and the governance token for the entire network. Originally deployed on Ethereum Mainnet with bridging to Base, SYND launches with 92% of supply minted at genesis and 8% distributed through programmatic emissions over four years.