Milestones

Tangible progress made by Synapse.

New bridges and liquidity pools

  • Aug. 29, 2021: Stablecoin bridge between Ethereum, Avalanche, Binance Smartchain, and Polygon
  • Sep. 21: ETH bridge between Ethereum and Arbitrum
  • Oct. 9: Stablecoin bridges to Arbitrum and Fantom
  • Nov. 3: Stablecoin bridge to Harmony
  • Nov. 15: Stablecoin bridge to Boba
  • Nov. 16: Bridge to Moonriver
  • Nov. 19: ETH bridges to Optimism and Boba
  • Dec. 8: ETH bridge to Avalanche
  • Jan. 2, 2022: Stablecoin bridge to Aurora
  • Jan. 10: ETH bridge to Harmony
  • Jan. 16: ETH bridge to Fantom
  • Jan. 17: Bridge to Moonbeam
  • Mar. 01 Bridge to Cronos
  • Mar. 01: Stablecoin bridge to Metis
  • Mar. 18: ETH bridge to Metis
  • Mar. 30: Official DFK Chain bridge
  • Apr. 08: Terra bridge
  • Apr.20: Stablecoin bridge to Optimism
  • May. 05: First NFT bridge: DFK Heroes between Harmony and DFK Chain
  • Jun. 23: USDC/USDT/DAI/ETH/wBTC bridge to Klaytn
  • Aug.20: USDC/USDT/DAI/ETH/wBTC bridge to Dogechain
  • Other Rust/Move-EVM bridge
  • UTXO-EVM bridge
    Total chains connected: 17

New bridgeable tokens

  • Aug. 28, 2021: $SYN (all integrated chains)
  • Aug. 29: $BUSD, $DAI, $USDC, $USDT (via nUSD)
  • Sep. 21: $ETH (Ethereum-Arbitrum)
  • Oct. 8: $MIM (via nUSD)
  • Oct. 14: $HIGH (Ethereum-BNB)
  • Oct. 27: $DOG (Ethereum-BNB)
  • Nov. 16: $FRAX (Ethereum-Moonriver)
  • Nov. 18: $NFD (Avalanche-BSC-Polygon)
  • Nov. 30: $gOHM (Ethereum-Avalanche)
  • Dec. 1: $gOHM (Arbitrum)
  • Jan. 17: $gOHM/AVAX/MOVR/veSOLAR (Moonbeam)
  • Jan. 17: $GMX (Arbitrum-Avalanche)
  • Mar. 12: $NEWO (Ethereum-Avalanche)
  • Mar. 14: $SDT (Ethereum-Avalanche-Fantom-Harmony)
  • Mar. 30: $JEWEL, $xJEWEL and AVAX to DFK Chain
  • Apr. 01: $USDC to DFK Chain
  • Apr. 08: $UST (Terra, Arbitrum, Metis, Optimism)
  • Apr. 12: $VSTA (Arbitrum-Ethereum)
  • Apr. 28: $SFI (Avalanche-Ethereum)
  • Jun. 03: $H2O (Ethereum-Polygon)
  • Aug.20: $wBTC (Ethereum-Klaytn)
  • Sep.13: $FTM (Fantom-DFK), $KLAY (Klaytn-DFK), $MATIC (Polygon-DFK), $BTC.b (Avalanche-DFK)
  • Sep.30: $BUSD (BNB-Dogechain)
  • Sep.30: $PLS (Arbitrum-Optimism)
  • Total bridgeable tokens: 28

Protocol Developments

  • Aug. 29, 2021: SYN/ETH LP at Sushiswap (Ethereum)
  • Sep. 2: SYN/AVAX LP at Trader Joe (Avalanche)
  • Sep. 14: Full separation between Synapse and Nerve, following combined governance vote
  • Oct. 22: Amendment to stablecoin bridge fees (SIP-02)
  • Oct. 26: Launch of SYN/ETH SLP bonds via Olympus Pro (SIP-04), Synapse begins owning liquidity
  • Nov. 3: $250,000 $ONE grant from Harmony Protocol
  • Nov. 17: $SYN single-sided staking in anticipation of eventual DPoS Synapse Chain passes DAO vote (SIP-06)
  • Nov. 19: Reduction in $SYN emissions by 30% over three weeks begins (SIP-05)
  • Nov. 28: Amendment to minimum bridge fees (SIP-03)
  • Nov. 30: SYN/FEI LP at Uniswap V2 (Ethereum) established via LaaS partners Fei Protocol and Ondo Finance (SIP-07)
  • Dec. 8: Integration of Aave-wrapped ETH, enabling interest-bearing tokens to be employed in liquidity pools
  • Jan.23: Coinbase wallet support on Synapse Protocol
  • Jan.25: Launch of Synapse Analytics
  • Jan. 25: Synapse receives veNFT for Solidly on Fantom
  • Feb. 24: Synapse uses 100% of its veNFT voting power for $SOLID emissions to go to SYN liquidity providers
  • Mar. 01: Synapse joins WAGMI v1 incentive program on Boba
  • Mar. 08: Coinbase announces listing of SYN
  • Mar. 08: Huobi announces listing of SYN
  • Mar. 12: Synapse receives veNFT for Hermes on Metis
  • Mar. 21: The Synapse DAO votes in favour of a proposal allowing Amber to act as a SYN market maker on CEXs
  • May. 05: First NFT bridge: DFK Heroes between Harmony and DFK Chain
  • Jun. 16: Partnership with Trisolaris: integration of nUSD within their platform
  • Transition to Delegated Proof-of-Stake Synapse Chain with community-owned validators (Archaean Phase)

Key volume milestones

  • Aug. 29, 2021: Launch of the Synapse Bridge
  • Oct. 23: $1bn of bridged volume
  • Nov. 23: $2bn of bridged volume
  • Dec. 23: $3bn of bridged volume
  • Jan. 12: $4bn of bridged volume
  • Jan. 23: $5bn of bridged volume
  • Feb. 04: $6bn of bridged volume
  • Mar. 06: $7bn of bridged volume
  • Mar. 31: $8bn of bridged volume
  • Apr. 12: $9bn of bridged volume
  • May. 12: $10bn of bridged volume
  • Jul. 27: $11bn of bridged volume