💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Synapse plans to repurchase 5 million SYN Tokens and reduce the token circulation by 70%.
PANews reported on December 5th that the Cross-Chain Interaction protocol Synapse announced that its full-chain abstract solution Synapse Intents Network (SIN) has officially launched on Mainnet. In January of this year, Synapse introduced the Intent Cross-Chain Interaction system RFQ, which has been deployed on multiple networks such as Ethereum, Optimism, Arbitrum, etc., reducing the processing time of Cross-Chain Interaction transactions from 20 minutes to 3 seconds, lowering costs by an average of 81% compared to competitors, and currently accounting for 90% of the Cross-Chain Interaction volume. The newly launched SIN system supports off-chain Bidding to obtain Cross-Chain Interaction quotations, and is the first decentralized intent network with real-time fraud proof, capable of supporting Relay functionality for any asset and operation. In terms of the Token economy, Synapse plans to repurchase 5 million SYN Tokens, with a budget of about $3.5 million, and reduce the Token circulation by 70%, reducing the Circulating Supply by about 2.5 million SYN Tokens annually, while transitioning to Proof of Stake (POS) and fee-based network models.