Token Utility

$SYAI is more than just a token; it's a gateway to active participation in the SynonAI ecosystem.

Here's a breakdown of its key functionalities and utilities of $SYAI token:

• Governance: $SYAI token holders play a vital role in shaping the future of SynonAI. The platform leverages a robust governance framework that empowers token holders to participate in crucial decision-making processes. This can include voting on proposals related to protocol upgrades, fee structures, and the allocation of resources within the SynonAI ecosystem.

• Staking: $SYAI token holders can contribute to the security and stability of the SynonAI network through staking. By locking up their tokens, they earn rewards while contributing to the network's overall health. This incentivizes token holders to maintain a vested interest in the long-term success of SynonAI.

• Access to AI Model Training & Inference: SynonAI's decentralized nature allows anyone to train and deploy AI models on the platform. $SYAI tokens will be used to pay for training and running AI models on the platform. This creates a system where users with demanding computational needs can utilize the AI Layer's GPU resources.

• Fee Payments & Network Participation: $SYAI acts as the transactional currency within the SynonAI ecosystem. It facilitates various actions, such as paying network fees for deploying and interacting with AI models, and potentially accessing premium features or data marketplaces that may emerge within the SynonAI network.

• CPU Contributors Reward: Users who contribute their idle GPU resources to the AI Layer network will be rewarded with $SYAI tokens. This incentivizes users to participate and share their resources, contributing to the overall processing power of the platform.