Synnax XP

What Is XP?

Synnax XP (short for "experience points") is the backbone of user engagement within the Synnax protocol. It tracks your contributions, usage, and loyalty across the ecosystem.

XP is not a token. It's an off-chain, non-transferable scoring system designed to reward meaningful participation.

Why XP Matters

XP determines:

• Eligibility for SYN rewards and seasonal airdrops

• Access to exclusive campaigns, boosts, or features

• Reputation in the Synnax community

XP is your participation score. The more you do, the more valuable your role in the ecosystem becomes.

How to Earn XP

XP is earned through actual usage of the Synnax protocol. Current and upcoming earning actions include: Mint Stablecoins, refer new users, provide liquidity and more

XP vs. $SYN

XP is not the same as SYN (Synnax future governance token). Here's how they differ:

	XP	SYN
Transferable?	❌ No	✅ Yes
On-chain?	❌ Off-chain (for now)	✅ On-chain
Earned via use?	✅ Yes	✅ (via XP-based allocations)
Role in governance	🔜 Yes (future weights)	✅ Yes

XP Seasons

XP is structured into Seasons. Each Season has:

• Defined start and end dates

• XP multipliers for high-priority actions

• Snapshot dates for SYN rewards

• Leaderboards to gamify participation

Example: Season 0 focused on looping sfrxUSD and early referrers.

XP Rewards

XP rewards are variable and depend on the specific liquidity market.

For example:

• Some pools currently offer 20,000 XP per $1 per day, such as the syUSD markets on Yaka.

• Referral rewards earn you 10% of your frens' XP.

Track Your XP

Check your XP via the XP Dashboard: https://app.synnax.fi/#/points

• View total XP and history

• See earning breakdown by action

• Monitor your rank on the leaderboard

Your wallet address is your XP identity. No additional sign-ups required.

FAQ

Can XP be bought or sold? No. XP is non-financial and non-transferable.

Can I lose XP? Only in rare cases of confirmed abuse or sybil activity.

Is XP calculated in real-time? XP updates are periodic (e.g. hourly or daily), depending on action type.