Synternet

What is Synternet ?

Synternet is a decentralized data infrastructure platform designed to facilitate real-time, cross-chain data delivery. Utilizing its own scalable Layer 1 blockchain, Synternet allows developers to build applications that leverage data streams from multiple blockchains, creating a unified data ecosystem. It reduces the reliance on RPC nodes and APIs by introducing a decentralized way to access on-chain data.

The Synternet blockchain network operates with the SYNT token, which serves as the main currency for transactions, securing the network through staking, and taking part in decentralized governance.

The core of Synternet's technology is the Data Layer protocol, which implements a publish-subscribe model to manage data streams efficiently. This architecture supports a wide range of applications, from monitoring blockchain activity to building complex Web3 solutions.

Staking Synternet (SYNT)

Staking is a non-custodial process that enables SYNT token holders to participate in network decentralisation, security, and governance without transferring their tokens. When staking SYNT, token holders can earn additional staking rewards based on the inflation of the network.

SYNT Stakers, by delegating tokens to validators, give voting rights to these to validate transactions on the blockchain and propose new blocks. The more stake is attributed to a validator, the more it will be able to take part in the network consensus and earn rewards for its stakers.

Why is Stakin a great choice for Synternet (SYNT) staking?

Staking your assets on your own is operationally challenging as it requires specialist expertise to set up nodes and ensure constant uptime to maximize rewards or prevent so-called slashing: partial loss of your staked cryptocurrencies due to prolonged downtime, or inappropriate/malicious behavior by the node operator.

Stakin is an excellent choice for staking your Synternet (SYNT) tokens, as we have a strong expertise and track record of reliable operations on this network. Stakin has been supporting the Synternet network since early testnets. Beyond validator infrastructure, we also run publisher services for Synternet.

There are several advantages when staking your SYNT tokens with Stakin, such as:

• Triple AAA-rated institutional staking provider by Staking Rewards

• ISO 27001 certified staking provider

• Reliable infrastructure - We distribute our servers across various geographical locations and partner with premier bare metal and cloud providers

• Dedicated support for all your staking, unstaking, and network-related questions

• Institutional grade SLAs with uptime guarantees

What kind of institutional services does Stakin offer for Synternet (SYNT) Staking?

As an institutional-grade Synternet node operator, Stakin has a full range of staking services and advantages to cater to the needs of enterprises and investors, such as asset managers, company treasuries, exchanges, VCs and hedge funds, wallets, custodians, and liquid staking services.

• Institutional grade SLAs with 99.5%+ uptime guarantees and slashing guarantees

• Integration with custodians, such as Fireblocks (via raw signing)

• Dedicated Account Manager to answer all your technical and commercial questions

• Custom integrations and solutions such as custom performance reporting via API or CSV with the possibility to match your backend requirements

• Whitelabel and dedicated nodes with dedicated infrastructure that can be deployed in your preferred region to fit decentralization or compliance needs

• Automated commission and reward management with clear reporting

• 24/7 monitoring and alerting with a private dashboard for dedicated and Whitelabel nodes

• Free premium access to Stakin Dashboard, which includes staking data visualization across any validator, and premium historical data features (on selected networks)