December marked another exciting chapter for Synternet as we closed out the year with a strong focus on community growth and planning for the year ahead. The Synternet Team AMA provided a valuable opportunity to connect directly with our team, while additional AMAs with Crypto Monsters and the Philippines community further expanded our reach. A key highlight of the month was the Le Mans sneak peek, offering a glimpse into an exciting new phase on the horizon. As always, we prioritized keeping our community informed and engaged, reflecting our commitment to transparency in everything we do. Let’s dive into the month’s highlights!
Major topics include:
- Synternet Team AMA
- Crypto Monster AMA
- Philippines AMA
- Le Mans sneak peek
- Community Updates
Synternet Team AMA
Last month, we hosted an AMA titled “Unwrapping DeFi 2.0.” Led by our Head of Business Development, Philippe Engels, and joined by CEO Daniel Haudenschild and Co-Founder Jonas Simanavicius, the team provided an in-depth look at our focus on becoming central to the next generation of DeFi.
Here are the key topics covered during the AMA. A big thank you to our community member Perry for helping with the transcription.
Recent Milestones
During the AMA, the team shared several important updates on Synternet’s progress. They announced the launch of real-time cross-chain monitoring, which enables transparent and trustless tracking of assets and transactions across multiple chains, ensuring seamless synchronization within the ecosystem. Significant infrastructure upgrades were also completed to enhance scalability and reliability, preparing Synternet for growing adoption. Additionally, the team revealed plans for developer-focused initiatives in 2025, including global hackathons and the launch of an ambassador program to expand and strengthen the community.
Token Value Strategy
The AMA unveiled Synternet’s long-awaited token value strategy, emphasizing real utility through staking, protocol rewards, and network participation. This approach ties the token’s value directly to activity within the ecosystem, ensuring demand is driven by actual usage rather than speculation. As Synternet integrates more protocols and expands its ecosystem, the token strategy is expected to significantly impact its value, reflecting the platform’s success and utility.
Major Partnerships
The team shared insights into Synternet’s ongoing efforts to secure partnerships with leading blockchain projects. Talks are underway with major players such as Avalanche and Chainlink, aiming to enhance cross-chain functionality and data interoperability. These collaborations are expected to introduce decentralized infrastructure and advanced risk management tools into Synternet’s ecosystem, solidifying its position as a key player in the DeFi space.
Synternet’s Competitive Edge
Synternet’s unique features were a key topic of discussion during the AMA. The platform’s real-time cross-chain data capabilities provide unmatched transparency, allowing for deep insights into wrapped assets, liquidity flows, and staking activities across chains. Additionally, Synternet prioritizes immutable records to ensure trustless governance and risk management. By bridging traditional finance and decentralized finance, Synternet enables complex risk-trading instruments, such as credit swaps, to function seamlessly within the DeFi ecosystem.
Ecosystem Expansion
Looking ahead, Synternet is focusing on expanding its ecosystem with new features to detect and assess risks in DeFi protocols, particularly for cross-chain assets. Community growth is a priority, with plans to host hackathons, developer challenges, and launch an ambassador program to drive engagement and innovation. The team also emphasized upcoming collaborations with major protocols like Avalanche and Chainlink, which will further establish Synternet as a backbone for decentralized governance and risk management.
2025 Outlook
With its utility-driven token value strategy, impactful partnerships, and focus on community engagement, Synternet is positioned for significant growth in 2025. As the platform continues to enhance its cross-chain solutions and risk management capabilities, it is set to become a leading force in the DeFi space.
Crypto Monster AMA on Binance Live
We’ve been invited to join Binance Live AMA series where our CEO Daniel Haudenschild and Business Development Lead Philippe Engels shared their insights on how Synternet truly revolutionizes the DeFi.
Innovations in Synternet’s Infrastructure
The protocol has found significant traction in the DeFi sector, which remains the most data rich and transaction intensive segment of Web3. By attaching transaction value and volume to its token, Synternet not only enhances utility but also positions itself to generate protocol fees and revenue. This robust foundation provides the potential for Synternet to serve as the infrastructure layer for DeFi 2.0, addressing the technological limitations of legacy oracles and cross-chain systems while meeting the growing demands of the decentralized economy.
Solutions For Businesses
Synternet empowers businesses with advanced yield discovery solutions, unlocking opportunities in lending, staking, and investments. As the landscape of Bitcoin aligned blockchains like CoreDAO expands, yield options for BTC holders grow daily. By actively managing and optimizing these investments, businesses can achieve higher returns leveraging Synternet’s capabilities to navigate and capitalize on the DeFi ecosystem.
Trustless Decentralized Technical Infrastructure
Synternet provides trustless technical infrastructure by running independent systems tailored to DeFi 2.0 risks, such as stablecoins, bridges, and asset lockups. Our platform delivers trusted cross-chain data, a fast Data Layer, and on-chain publication of tradable, computed DeFi insights. By enabling advanced risk trading and TradFi level calculations for wrapped and staked assets, Synternet surpasses the capabilities of standard oracles.
Synternet AMA with Crypto Philippines
As we expand our community growth in the APAC region, we’ve organized a second AMA with CryptoPH, a dedicated Web3 community in the Philippines that is passionate about technology and crypto.
Synternet’s Role In DeFi 2.0
Dynamic liquidity provisioning and yield optimization are no longer just nice-to-have features. They’re becoming essential for protocols looking to scale. Synternet’s infrastructure addresses these needs by enabling seamless data flow and real-time analytics, making it easier for projects to adapt to market changes. Decentralized governance and AI-driven insights are paving the way for a more user-centric and efficient DeFi ecosystem.
Wrapped Assets & Monitoring
Wrapped assets are crucial for enabling Bitcoin’s participation in the decentralized finance (DeFi) space. WrappedBTC allows BTC to move between different blockchains and interact with DeFi protocols. We will enhance the cross-chain experience for WrappedBTC by integrating more chains and providing tools for better asset tracking. This will include advanced analytics to ensure the security and efficiency of wrapped assets while helping to prevent potential risks, such as liquidity fragmentation or price manipulation. We can expect security, reliability, and ease to use in the broader DeFi ecosystem.
Community Growth
Introducing Discord Office Hours
We launched our first Discord Office Hours campaign on December 19th, bringing tech-savvy enthusiasts and developers to our Discord channel.
During the session, they had the opportunity to engage with our CTO Paulius Gedminas and Principal Engineer Danielius Dvareckas. As part of our ongoing focus on community growth, we are exploring ways to make Discord an even more open space for engineers and the community, showcasing how you can build with Synternet and how our Data Layer and other utilities leverage Web3 trends.
What is Discord Office Hours?
Discord Office Hours is a live session that can be held on a Discord server, where team members are available in a text channel to answer technical questions from the community. It’s an opportunity for users to engage directly with the team, get insights, and discuss various topics in a more informal, interactive setting.
Expanding Communities
We’ve successfully onboarded our first APAC region moderator who will be taking care of Synternet Vietnam communities in Telegram & Discord, starting in January of 2025. Our moderator Nick will be taking care of the Synternet’s presence in Vietnam ensuring that we have a stable community in the APAC region. In addition, we’ve secured two more communities that are yet to be made publicly in January of 2025 as well - Synternet China & Synternet Philippines.
Synternet Goes South Korea
As we’ve rebuilt our YouTube channel of Synternet, we’ve launched our first video in a foreign language, made by a video creator who personalizes in Web3, DeFi and alt coins reviews on YouTube.
Watch the full video here.This is just a small step to our future presence in a variety of social media platforms in the APAC region.
Building Continues
As December wraps up, Synternet closes the year with strong momentum, highlighted by engaging AMAs, a sneak peek into the Le Mans, and meaningful progress across the ecosystem. In 2025, we’re excited to continue driving innovation, fostering collaboration, and delivering on our vision for a transformative DeFi future.
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