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Board Announcements (Altcoins)
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[ANN] SynapseTrader (SYNTR) The Future of AI trading advisors. X11- Masternodes
by
BTCZtothemoon
on 28/05/2024, 03:46:42 UTC
Welcome to SynapseTrader!

We are excited to introduce SynapseTrader (SYNTR), a cutting-edge cryptocurrency designed to revolutionize decentralized trading. Built on the robust X11 algorithm, SynapseTrader combines the best aspects of blockchain technology with an innovative approach to masternodes and halving schedules.

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Project Overview:

- Coin Name: SynapseTrader
- Ticker: SYNTR
- Algorithm: X11
- Total Supply: 12,120,120 SYNTR
- Initial Block Reward: 40 SYNTR
- Halving Interval: Every 210,000 blocks
- Block Time: 2.5 minutes
- Masternode Reward: 45% of block reward
- Miner Reward: 45% of block reward
- Treasury/Development Reward: 10% of block reward
- Masternode Cost: 4,500 SYNTR (equivalent to 250 blocks)

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Masternode Rewards:

Masternodes play a crucial role in securing the SynapseTrader network. By holding 4,500 SYNTR, you can set up a masternode and start earning rewards. Masternode holders receive 45% of the block reward, ensuring a steady stream of income while supporting the network's operations.

Block Reward Distribution:

- Masternode Reward: 45% (18 SYNTR per block initially)
- Miner Reward: 45% (18 SYNTR per block initially)
- Treasury/Development Fund: 10% (4 SYNTR per block initially)

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Halving Schedule:

To ensure a balanced and sustainable distribution of SYNTR, we have implemented a halving schedule that occurs every 210,000 blocks. Here’s a breakdown:

| Halving Number | Block Height | Total Block Reward | Masternode Reward | Miner Reward | Treasury Reward | Coins Mined per Halving | Total Coins Mined |
|----------------|--------------|--------------------|-------------------|--------------|-----------------|-------------------------|-------------------|
| 0              | 0            | 40 SYNTR           | 18 SYNTR          | 18 SYNTR     | 4 SYNTR         | 8,400,000               | 8,400,000         |
| 1              | 210,000      | 20 SYNTR           | 9 SYNTR           | 9 SYNTR      | 2 SYNTR         | 4,200,000               | 12,600,000        |
| 2              | 420,000      | 10 SYNTR           | 4.5 SYNTR         | 4.5 SYNTR    | 1 SYNTR         | 2,100,000               | 14,700,000        |
| 3              | 630,000      | 5 SYNTR            | 2.25 SYNTR        | 2.25 SYNTR   | 0.5 SYNTR       | 1,050,000               | 15,750,000        |
| 4              | 840,000      | 2.5 SYNTR          | 1.125 SYNTR       | 1.125 SYNTR  | 0.25 SYNTR      | 525,000                 | 16,275,000        |
| 5              | 1,050,000    | 1.25 SYNTR         | 0.5625 SYNTR      | 0.5625 SYNTR | 0.125 SYNTR     | 262,500                 | 16,537,500        |
| 6              | 1,260,000    | 0.625 SYNTR        | 0.28125 SYNTR     | 0.28125 SYNTR| 0.0625 SYNTR    | 131,250                 | 16,668,750        |
| 7              | 1,470,000    | 0.3125 SYNTR       | 0.140625 SYNTR    | 0.140625 SYNTR| 0.03125 SYNTR  | 65,625                  | 16,734,375        |
| 8              | 1,680,000    | 0.15625 SYNTR      | 0.0703125 SYNTR   | 0.0703125 SYNTR| 0.015625 SYNTR| 32,812.5                | 16,767,187.5      |
| 9              | 1,890,000    | 0.078125 SYNTR     | 0.03515625 SYNTR  | 0.03515625 SYNTR| 0.0078125 SYNTR| 16,406.25               | 16,783,593.75     |

Note: The rewards continue to halve until they become negligible.

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AI-Powered Trading Assistance:

SynapseTrader goes beyond just being a cryptocurrency. We are integrating a state-of-the-art AI utility designed to enhance your trading experience. Our AI learns from your trading habits, analyzing your strategies and preferences to provide personalized tips and recommendations.

- Smart Learning: As you trade, the AI learns your trading patterns and preferences.
- Personalized Tips: Receive recommendations for coins that match your trading style, helping you make more informed decisions.
- Continuous Improvement: The AI continuously updates its algorithms to adapt to market changes and improve its suggestions.

With this innovative feature, SynapseTrader aims to provide a trading assistant that evolves with you, making your trading journey more efficient and profitable.

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Why SynapseTrader?

- Decentralized Trading: A platform designed to facilitate secure, transparent, and decentralized trading.
- Masternode Rewards: Significant incentives for masternode operators ensure network stability and growth.
- Fair Distribution: A well-planned halving schedule guarantees a fair distribution of SYNTR over time.
- Development Fund: A portion of each block reward is dedicated to ongoing development and improvements.

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Join Us:

Become part of the SynapseTrader community today and contribute to the future of decentralized trading. Set up a masternode, mine SYNTR, and participate in our vibrant community discussions.

Stay tuned for further updates and developments. Together, let's build a decentralized trading future with SynapseTrader!

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Follow us on Twitter: https://x.com/SYNTROfficial

Join our Discord: https://discord.gg/JqMGNXMz