The current alpha version of the test coin is Alpha-Synbo-meme (ASM), and this how-to document provides a comprehensive introduction to the system's features. Please be reminded that some modules will be fully launched in about a month due to operational arrangements. We will speed up the process and strive to bring you a better system experience, please continue to pay attention and wait patiently!
Alpha version of the Synbo protocol operation guide
I. Introduction
The purpose of this how-to guide is to provide users with detailed instructions on how to operate the Synbo protocol, including the functions and steps of the different roles, and how to participate in the various activities in the protocol.
2. System overview
1. Introduction to the Synbo Protocol
This protocol mainly provides decentralized consensus matching and CCO services for the blockchain consensus system. CCO (Community Consensus Offering) is a community consensus offering. Different from the brutal distribution method of traditional ICOs, it is closer to "POW/POS etc. for Consensus Offering", CCO emphasizes the interactive game participation of community members in the decision-making process. The distribution of its TOKEN relies on a consensus mechanism, Position Proof, to verify the validity of the goal and ensure that the actions taken during the development process are consistent with the collective interests of the participants. It is in line with the growing trend of decentralized and community-driven projects. With broad support and alignment with community values, this approach ensures that requirements are correct and increases the success of the project.
2. Role description
Protocol roles are logical classifications of users based on the different motivations and engagement behaviors in this agreement, including: Alpha Broker, Beta Miner, Investor, and Issuer. For either user, the roles may overlap.
2.1 Issuer
A blockchain consensus system and asset distribution through CCO (Community Consensus Offering), the specific executor protocol is called Contractor.
2.2 Beta Miner
Users who provide liquidity supply. In the case of BNB, any user can custody BNB assets into a fund pool, create a position certificate for the protocol, and earn a good annualized capital gain with the income certificate. Users can redeem liquid assets at any time through certificates. This role is in line with the low-risk-return characteristic.
2.3 Alpha Broker(Expert)
Users who participate in the Position Proof consensus. They need to use their position assets to pledge to assist the Issuer in completing the distribution of Tokens and receiving Alpha incentives. This role is characterized by high risk and high return.
2.4 Investor
The process of making a direct investment in a project that passes position consensus and obtaining a project token. Investors can participate appropriately based on their own judgment or by following the subscribed Alpha Broker, etc. as a basis for judgment.
3. System Module
3.1 Fund Pool Module
Beta Miner provides access to idle assets to obtain capital gains and position certificates, while having the characteristics of risk classification, full self-custody and rigid payment at any time, which can replace traditional capital finance functions.
Liquidity Total Supply: The total amount of BNB currently contributed by liquidity providers.
Available Pool: The percentage of BNB currently available for financing in the liquidity pool.
Accumulated Investment Amount: The total amount of BNB that the project has raised cumulatively.
Positions Locked(锁定头寸)
Positions Locked: The currently locked Check position, temporarily unavailable during the staking period, will be released after the end of the project financing.
3.2 Liquidity Mining Module
Provide incentives for liquidity supply users' Yield Tokens, guide the community to pool funds, and realize the transmission of value incentives.
3.3 Staking Module
It provides a way for Position Token (PT) to provide additional income, so that users can increase the liquidity of trading pairs through participation, obtain economic returns while enhancing their sense of participation and gain in the protocol ecosystem.
3.4 CCO Module
Including the Position Proof module and the distribution module, it realizes consensus matching and consensus decision-making for fund use through Alpha incentives, provides investors with diversified investment paths, and provides decentralized, fair, efficient and scientific distribution solutions for blockchain projects.
CCO Cycle Flow Chart:
When the period enters the Show Phase, it lasts for 2 days, during which the Alpha Broker can conduct an in-depth evaluation of the project.
After entering the Check Phase, which lasts for 3 days. During this period, Alpha Broker is able to place bets on the project through the position asset Position Token (PT), and can also withdraw from the betting operation at any time.
Then comes the Calm Phase, which can be customized by the contractor according to the participation criteria, and the duration is not more than 7 days. At this stage, Investor is able to further evaluate the project.
This is followed by a Token Offering phase, during which Investor can participate in auctions for up to 21 days, depending on the A-B-C rating.
Finally, enter the Settlement Phase, at which time Alpha Broker can incentivize dividends according to the project situation, and Investor can claim tokens according to the release rules; At the same time, the project team's withdrawal proposal was approved.
Units Price: refers to the base price of the auction price of each token, which is equal to Raising goal/All units, and the discount price and premium are the fluctuation range of the auction price, and the profit margin formed will become the incentive of Alpha Broker.
Token Lock: refers to the release rules of tokens, including lock-up period, initial release ratio and linear release cycle, to meet the market-making needs of different batches and different stages
Units single limit / All units: refers to the maximum number of bidding shares for a single user, and the contractor adjusts the maximum number of bidding shares for a single user to effectively ensure that tokens are distributed to different user addresses and maintain the fairness of execution.
Restrictions on participants:
The decision-making authority of the project is divided into: Only Experts;
The auction rights of the project are divided into: Free and Only Checked.
Premium Rate and Discount Rate: The discount price and premium are the fluctuation range of the auction price, and the profit margin formed will become an incentive for Alpha Broker. The premium rate is set to 0% ~ 30%, and the discount rate is set to 100% ~ 0% (100% meets the airdrop scenario).
Maximum Position Participation: The total amount of position participation cannot exceed the maximum position participation amount to ensure a high alpha incentive ratio. The maximum position participation total is set in the range of 48% ~ 200%.
3.5 Decision Expert Module
Alpha Broker experts have decision-making authority in the project and can make decisions on behalf of fans, and fans can obtain distribution rights by subscribing to Alpha Broker experts.
3.6 Issuer Module
Realize the CCO distribution of a decentralized blockchain project, including project storage, on-chain, becoming an executor, creating distribution and checks, and managing payments.
3.7 DataList Module
Collect and organize project information and disclose information to users to attract attention and drive project development.
3.8 Decentralized Governance Module
(content omitted)
4. Beta Miner Operation Guide
1. Liquidity Mining (Farming)
1.1 Liquidity Provision (Creation of Position Token (PT) and Yield Token (YT))
Prerequisites:
Participating Characters: Beta Miner
Participating Assets: BNB
How to participate: Position Token (PT) and Yield Token (YT) can be created by injecting liquid assets into the fund pool
How to do it:
Visit https://alpha.synbo.io/liquidity
After entering the amount of BNB, you can adjust the Yield Token (YT) ratio according to your needs, so as to obtain the corresponding Yield Token (YT) and Position Token (PT).
1.2 Use Farming
Prerequisites:
Participating Characters: Beta Miner
Participating Assets: Yield Token (YT)
How to participate: Stake Yield Token and get different reward multipliers according to the lock-up period.
How to do it:
Visit https://alpha.synbo.io/liquidity and switch to the "Farming" section
Click "Stake".
Stake Yield Token credentials, set a fixed period of staking to participate in the corresponding multiplier of Farming returns
Concentrate:
(1) Each pledge forms an independent pledge order.
1.3 Harvest farming rewards
Prerequisites:
Participating Characters: Beta Miner
How to participate: The Farming income generated by each order according to the income multiplier can be aggregated and claimed at any time.
How to do it:
Visit https://alpha.synbo.io/liquidity and switch to the "Farming" section
Click "Claim"
1.4 Unstaking
Prerequisites:
Participating Characters: Beta Miner
How to participate: After the staking expires, the staking will be released back to Yield Token.
How to do it:
Visit https://alpha.synbo.io/liquidity
Visit Farming Pools and click on "UnStake".
Concentrate:
(1) After the staking expires, the unredeemed yield multiplier continues to be valid.
1.5 Exit Liquidity
Prerequisites:
Participating Characters: Beta Miner
Participating Assets: Position Token (PT) and Yield Token (YT)
How to participate: When redeeming, Yield Token (YT) and Position Token (PT) certificates need to be cancelled proportionally to maintain the conservation of assets. Position Token (PT) alone cannot be redeemed.
How to do it:
Visit https://alpha.synbo.io/liquidity
2. Staking
2.1 Create a Position Token (PT)/Alpha-Synbo-meme (ASM) LP credential
Create Position Token(PT)/Alpha-Synbo-meme (ASM) LP Certificates to add liquidity to S/Position Token(PT) trading pairs on PancakeSwap with Position Certificates and earn additional yields.
For more information, please refer to https://docs.pancakeswap.finance/products/pancakeswap-exchange/liquidity-guide
2.2 Staking Position Token (PT)/Alpha-Synbo-meme (ASM) LP Credentials
Prerequisites:
Participating Characters: Beta Miner
Participating assets: Position Token (PT)/Alpha-Synbo-meme (ASM) LP credentials
How to do it:
Visit https://alpha.synbo.io/liquidity and switch to the "Staking" section
Visit "Node Statistics" and click on "Stake".
Staking Position Token (PT)/Alpha-Synbo-meme (ASM) LP credentials
2.3 Earnings Collection
Prerequisites:
Participating Characters: Beta Miner
How to participate: The Farming income generated by each order needs to be claimed separately.
How to do it:
Visit https://alpha.synbo.io/liquidity and switch to the "Staking" section
Go to "My LP" and click on "Claim Rewards"
2.4 Unstaking
Prerequisites:
Participating Characters: Beta Miner
How to participate: You can unstake at any time.
How to do it:
Visit https://alpha.synbo.io/liquidity to switch to the "Staking" section
Visit "My LP" and click on "UnStake".
3. Swap Position Token (PT) with Alpha-Synbo-meme (ASM).
For details, please refer to the following documents: https://docs.pancakeswap.finance/products/pancakeswap-exchange/trade
5. Alpha Broker Operation Guide
1. Participate in Position Proof
Prerequisites:
Role: Alpha Broker
Participating assets: Position Token (PT) and Alpha-Synbo-meme (ASM).
Note: Position Token (PT) can be obtained by injecting liquidity (see Providing liquidity) or through SWAP trading pair Position Token (PT)/Alpha-Synbo-meme (ASM) (see Swap between Position Token (PT) and Alpha-Synbo-meme (ASM)), S needs to trade Position Token (PT) through SWAP / Alpha-Synbo-meme (ASM) (see Swap of Position Token (PT) and Alpha-Synbo-meme (ASM)).
How to Participate:
(1) Make sure you have decision-making authority, and only Alpha Broker experts can participate in the consensus.
(2) When participating in LONG, a large amount of decision-making funds need the support of Power value: the relationship between the cumulative bet amount of the current project and the Power in the wallet of Alpha Broker is ∑ (betting position) <{Power(SYNBO)+0}, and the total number of participating positions cannot be greater than the total amount of Power, where 1 Power = 10 Alpha-Synbo-meme (ASM).
(3) The total amount of participation cannot exceed the total amount of participation of the maximum position to ensure a higher alpha incentive rate.
Concentrate:
Important parameters related to earnings:
Premium Rate and Discount Rate: The discount price and premium price are the fluctuation range of the auction price, and the profit margin formed will become an incentive for Alpha Broker.
Distribution rate: Alpha Broker acts as an agent to assist the issuer in completing the distribution of tokens. When the distribution rate is less than the proportion of your own position, the profit will be divided by more distributed proxy users; But when more shares are distributed, higher incentives can also be obtained.
Specific steps:
Visit https://alpha.synbo.io/dashboard
To view the list of Distribution Tokens, you can toggle Checked Only at the top to quickly filter items. You will then be taken to the project details page
Select LONG/SHORT
Enter the amount you want to participate in and click Participate
Concentrate:
(1) You can subscribe to professional investors, skip the position certificate, and directly follow the subscriber to place orders to reduce the risk of independent investment.
2. Portfolio Management (UnCheck & Clearing Dividends)
Prerequisites:
Role: Alpha Broker
How to Participate:
(1) Within 3 days of the decision-making cycle, the betting and withdrawal of Position Token (PT) and Alpha-Synbo-meme (ASM) positions are completely free
(2) After the decision fails, the user can exit the decision proof and release the decision funds.
(3) After the decision is successful, the user needs to wait for the end of the distribution before receiving the incentive.
Note: Consensus Decision Success Criteria - After a 3-day decision-making cycle, the total assets of Position Token (PT) are still greater than 40% of the current cheque financing amount, indicating that the consensus decision is successful and the cheque enters the next stage.
How to do it:
Visit https://alpha.synbo.io/portfolio and switch to "My Cgecked".
3. Sign up as an Alpha Broker expert
3.1 Register as an Alpha Broker Expert
Prerequisites:
Role: Alpha Broker
Participating Assets: Alpha-Synbo-meme (ASM)
Note: S needs to be obtained through SWAP trading pair Position Token (PT)/Alpha-Synbo-meme (ASM) (see Swap of Position Token (PT) and Alpha-Synbo-meme (ASM)).
How to participate: Complete on-chain registration and pay the annual fee of professional Alpha-Synbo-meme (ASM).
How to do it:
Visit https://alpha.synbo.io/dashboard
Switch to "Experts"
Click on "Declare experts"
Set a monthly subscription fee for fans and pay an annual fee for Alpha-Synbo-meme (ASM).
3.2 Manage Alpha Broker Expert Numbers
Prerequisites:
Role: Alpha Broker
How to Participate:
(1) Adjust the subscription fee so that fans who recognize you subscribe to yourself. Subscription fees can provide higher Power values.
(2) Receive subscription fees to earn professional alpha incentive income.
How to do it:
Visit https://alpha.synbo.io/dashboard
Switch to "Experts"
Click on "Mannage expert"
6. Investor Operation Guide
1. Participate in auctions
Prerequisites:
Role: Investor
Participating Assets: BNB
How to Participate:
(1) Make sure you have the right to bid. The auction rights of the project are divided into: Free and Only Checked. In the case of Only Checked, users who are not involved in consensus decisions do not have the right to bid, unless one of the Alpha Broker experts to whom you are subscribed has participated in the Checked of the current check, and you will be granted the right to co-sell.
(2) Each auction participant cannot exceed the limit of the number of auction shares, so as to ensure the fairness and dispersion of distribution.
By participating in the auction in different scenarios, you can get the following rights:
Airdrop: Obtain airdrop assets at an ultra-low cost close to the handling fee.
P2P discounted assets: Opportunities to acquire relatively mature assets with a certain amount of liquidity and depth at a discounted price.
FairLaunch: Fair access to tokens, where everyone has different holding costs, but the opportunity to get them is equal.
Involvement in early-stage projects: Assets can be acquired at a lower price early in the project, and as the project grows, the asset may increase in value, resulting in a return on investment. At the same time, they can also participate in the community construction and development of the project, provide opinions and suggestions for the project, and influence the development direction of the project.
Specific steps:
Visit https://alpha.synbo.io/dashboard
Check out the list of Distribution Tokens, you can toggle Bidded Only at the top to quickly filter projects. You will then be taken to the project details page.
Select "Auction"
Confirm the number of entries and confirm participation
Concentrate:
If the distribution price falls below the discounted price, the executor can voluntarily suspend the distribution at any time, ending the life cycle of the current check. After the termination of the distribution, the subsequent distribution transactions will be closed, and the part that has already been filled will not be affected.
2. Claim the release token
Prerequisites:
Role: Investor
How to participate: Collect the released tokens according to the lock-up period, initial release ratio and linear release cycle rules
How to do it:
Visit https://alpha.synbo.io/portfolio
Switch to "My Bidded"
3. Manage Proposal Approval
Prerequisites:
Role: Investor
How to participate: After the project officially starts to be distributed, the Contractor can initiate a withdrawal proposal, and the Investor who holds the distribution voucher can intervene in the withdrawal of the project by rejecting the unreasonable proposal
Review Cycle Rules:
Rejection of achievement (distributed part) | Time period | Execution result |
Rejection rate less than 20% | 7 days | Smooth withdrawal |
Rejection rate greater than or equal to 20% | 1 to 7 days | Delayed for 7 days |
Rejection rate less than 34% | 14 days | Smooth withdrawal |
Rejection rate greater than or equal to 34% | 14 days | Current withdrawal proposal failed |
How to do it:
Visit https://alpha.synbo.io/portfolio and switch to "My Approval"
4. Subscribe to Alpha Broker Experts
Prerequisites:
Role: Investor
Participating Assets: Alpha-Synbo-meme (ASM)
Note: S needs to be obtained through SWAP trading pair Position Token (PT)/Alpha-Synbo-meme (ASM) (see Swap of Position Token (PT) and Alpha-Synbo-meme (ASM)).
How to participate: Select the subscription period and pay the subscription fee
How to do it:
Visit https://alpha.synbo.io/dashboard
Toggle to "Experts" to see the list of Alpha Broker Experts
Click "Subscribe"
Select the subscription period and pay the subscription fee