Join the Synth sETH Ecosystem
Project Overview & Narrative
Synth sETH is a prediction-market token and protocol built on Ethereum. Users stake Synth sETH into YES/NO liquidity pools across binary markets — ranging from crypto price targets and sports outcomes to social narratives, on-chain milestones, and broader real-world events.
Imbalances between YES and NO liquidity dynamically generate real-time odds. Once a market is resolved using verifiable data sources, participants on the winning side receive payouts in Synth sETH, turning each resolved event into a transparent redistribution of belief-weighted stakes.
The name Synth sETH reflects the principle of “On-chain outcomes, real stakes.” Rather than representing price-tracking assets, Synth sETH powers belief-driven prediction markets — market structures constructed entirely from user conviction, on-chain liquidity, and transparent settlement mechanisms.
Token Utility
1. Market Participation
Users stake Synth sETH into YES or NO pools on any active market. The token is the base currency for all positions across the protocol.
2. Settlement Currency
All winning payouts are made in Synth sETH, creating recurring on-chain demand whenever markets are resolved and rewards are distributed.
3. Fees & Optional Burns
A small portion of protocol fees can be directed to a burn address (if enabled by governance), introducing an optional deflationary component without changing the core token contract.
4. Governance & Parameters
Holders participate in off-chain and on-chain governance to propose and vote on:
- new market categories and listings
- oracle providers and dispute rules
- fee structure and revenue sharing
- liquidity incentives and reward schedules
- major protocol upgrades and integrations
5. Ecosystem Alignment
Synth sETH is the single asset that connects users, liquidity providers, market creators and governance participants into one aligned prediction ecosystem.
Platform Structure
A. YES/NO Market Engine
Each market consists of two on-chain liquidity pools:
- YES Pool
- NO Pool
Odds are derived directly from liquidity:
Odds(YES) = NO Pool / (YES + NO)
Odds(NO) = YES Pool / (YES + NO)
The more Synth sETH flows into one side, the more attractive the opposing odds become. No orderbook, no off-chain matching engines – only pooled liquidity and a transparent formula.
B. Market Types
The protocol is designed for a wide spectrum of binary events, including:
- Crypto price targets (e.g. “Will ETH close above $X on date Y?”)
- Sports outcomes and tournament stages
- Social/media and influencer-driven narratives
- Election and governance events
- On-chain metrics (TVL, volume, liquidity, address counts, etc.)
Over time, community governance can whitelist new market templates and curated feeds.
C. Settlement Phases
The protocol is intentionally staged to move from trusted to trust-minimized settlement:
- MVP: admin-driven settlement using verifiable public sources.
- Beta: multi-signer settlement with transparent dispute windows.
- Full Protocol: integration with decentralized oracle providers (e.g. Chainlink, UMA) and on-chain dispute resolution.
D. On-Chain Transparency
All core components are on-chain and inspectable:
- market creation and parameters
- all YES/NO stakes and liquidity
- payouts and fee flows
- resolved outcomes and dispute actions
This makes Synth sETH natively compatible with explorers, analytics dashboards, and third-party monitoring tools that can build on top of the data layer.
Tokenomics
40,000,000
Total Supply (Fixed)
Clean ERC-20
No Minting • No Rebasing • No Taxes
Supply Breakdown
Structural Lock
20,000,000
Locked indefinitely to remove emission risk and reinforce the fixed-supply narrative.
Community Airdrop
15,000,000
Reserved for early users, prediction-market participants and ecosystem campaigns via transparent on-chain distributions.
Ecosystem & Ops
5,000,000
Liquidity seeding, integrations, infra, audits, oracle costs and long-term protocol development.
Circulating supply is defined as circulating = total supply − structuraly locked supply. At genesis this equals 20,000,000 Synth sETH. The airdrop allocation remains unchanged and will be distributed in stages as the prediction platform evolves.
Why Synth sETH?
• Clean risk surface: no rebasing, no transfer taxes, no hidden mint or blacklist functions.
• Prediction-native: token design, distribution and roadmap are all aligned around prediction markets.
• Composable: strict ERC-20 behavior makes Synth sETH easy to integrate into DEXes, dashboards and DeFi legos.
• Transparent economics: fixed 40M supply, clear lockups and public tracking of incentives.
• Engagement flywheel: recurring market creation, staking and settlement generate continuous on-chain activity.
• Governance with guardrails: governance steers markets, fees and incentives, while the core token contract remains immutable.
Roadmap
Phase 1 • MVP
Core Prediction Engine
- Launch of mainnet Synth sETH token (fixed 40M supply, clean ERC-20)
- YES/NO market contracts with pooled liquidity model
- Wallet integration and basic web UI
- Admin-driven market settlement using verifiable public data
- Initial curated markets (crypto, on-chain, selected events)
- Tracking of early users for airdrop eligibility and rewards
Phase 2 • Public Beta
User-Generated Markets & Social Layer
- User-generated markets with permissioned templates
- Reputation points for consistent and accurate participation
- Leaderboards for traders, market creators and liquidity providers
- Fee-sharing and reward programs funded from protocol revenue
- Social sharing and referral mechanics for prediction markets
- Progressive rollout of the 15M Synth sETH community airdrop
Phase 3 • Oracle + Full Protocol
Decentralized Settlement & Liquidity Incentives
- Integration with decentralized oracles (e.g. Chainlink, UMA) for trust-minimized market resolution
- On-chain dispute mechanisms with staking and challenge periods
- Liquidity mining and targeted incentives for key market categories
- Advanced market types and multi-stage event structures
- Cross-chain extensions and L2 deployments for cheaper participation
- DAO-style governance for parameters, fees and new integrations