It’s quite obvious that we’ve struggled in the past few months.
While we had a good start, pure intentions, a greatly designed product, and a great community, we were hit by quite a few unforeseen challenges.
Building a business is always tricky; as startups, we’re dealing with 1% certainty and 99% uncertainty, and still, we go all in with these odds, hoping to build something great in the process.
Low liquidity constraints and a limited PMF negatively impacted the overall business, our momentum, and most importantly, our spirit.
Going forward, we're looking to experiment with a SaaS-based model with revenues being distributed to NFT holders; therefore, we've unlocked your unvested tokens and transferred them to your whitelisted wallet.
The already vested tokens can be claimed from the existing Sablier link.
Token holders will be given the option to convert their holdings to NFTs once the product-market fit for the new SaaS-based strategy has been established.
🚨 RWAOne Testnet is now LIVE – Built different on @SonicLabs 🚀
We’re proud to be the first synthetic asset protocol on Sonic Chain.
Trade synthetic RWAs like equities, forex, commodities, and indices—all with zero slippage.
Here’s what you need to know 🧵👇
⚙️ Initializing rAssets...
We’re spinning up something fast, composable, and real.
Testnet goes live soon — with rewards + a bug bounty program for early testers.
Stay close. The future is syncing. 💠
🔮 SYNTHR’s zero-slippage swaps & cross-chain liquidity are a DeFi dream!
Build, scale, & innovate with the ultimate synthetic asset protocol SDK 🔥
🚨 SYNTHR is pivoting — and it’s BIG.
We’re moving to a low-risk, high-reward SaaS model. Instead of launching just one product, we’ll power many synthetic asset platforms behind the scenes.
Here’s what it means: 👇
⚙️ What’s changing?
We now offer SYNTHR as backend infra for partner protocols. Think of us as the engine behind multiple synthetic trading platforms.
💸 How we earn:
• One-time tech integration fees + trading fees from each partner
🏆 100% of revenue goes to the community (for 12 months):
• 🔥 25% for buybacks + burns
• 🎁 75% shared via staking rewards or NFTs that earn protocol revenue
🌐 Mainnet goes live through partners.
Every partner launch = SYNTHR mainnet deployment.
First one drops in June with @RWAOnedefi 🚀
More deals in the pipeline. Deployments can scale every 2 weeks.
This is just the beginning. We’re all in. Let’s make SYNTHR unstoppable. 💥