Utility Tokens: The Fuel of Solidus Synth
Each Synth-supported chain has its own native utility token, designed to power staking, governance, and ecosystem incentives. These tokens play a vital role in protocol governance, liquidity incentives, and collateralization within their respective ecosystems.
Utility Tokens by Chain
Utility Token
Chain
Function
Contract Address
sSynth
Sonic Chain
Governance & reward token for Sonic Chain deployment
TBA
aSynth
Avalanche
Governance & reward token for Avalanche deployment
TBA
bSynth
Hyper Liquid EVM
Governance & reward token for Berachain deployment
TBA
hSynth
Hyper Liquid EVM
Governance & reward token for Hyper Liquid deployment
TBA
π Each utility token is exclusive to its respective chain and does not operate cross-chain. π Contract addresses will be announced upon deployment.
π° Staking & Locking Benefits
Governance Power β Stake sSynth, aSynth, bSynth, or hSynth to participate in protocol decision-making.
Protocol Revenue Share β Earn a share of protocol fees generated from minting, redemptions, and other activities.
Fee Rewards β Stakers receive reward distributions in their chainβs native asset (e.g., Sonic (S), AVAX) along with other non-native assets earned through various mechanisms (e.g. DEX rewards).
π Staking & locking these utility tokens help secure the ecosystem while providing long-term incentives for committed participants.
β Multi-Utility β Governance, collateralization, staking, real yield, and liquidity incentives. β Ecosystem Stability β Function as an integral part of minting synthetic assets and maintaining deep liquidity. β Sustainable Emissions Model β Controlled distribution ensures long-term rewards without inflationary dilution.
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