Syndicate

@syndicateio

The infrastructure to infinitely scale Ethereum: build customized, programmable, decentralized rollups and sequencers. A community-owned internet starts here.

Onchain syndicate.io Joined August 2020

0 Following 70K Followers 3.4K Posts

Latest posts 5

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Syndicate @syndicateio May 21

Syndicate Labs is winding down.

After five years building onchain developer infrastructure, the rollup market has fundamentally shifted, making this decision necessary.

Here's what this means for the network, token holders, and developers building with Syndicate.

Syndicate @syndicateio May 18

Not every part of a system needs to be onchain. The trust boundaries that need to be verifiable do, and Stylus by @Arbitrum made that practical for SyndDB.

Arbitrum Verified account @arbitrum May 14

The Arbitrum Platform is built for businesses that need more than standard smart contracts.

Syndicate used Stylus to keep high-throughput infrastructure offchain while making critical trust boundaries verifiable onchain through SyndDB.

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Syndicate @syndicateio May 10

An update on the Syndicate bridge compromise: All impacted SYND holders on Commons Chain have been reimbursed in full plus an additional 15% of the total amount lost.

These reimbursements have been sent directly to affected wallets on Base, with gas covered by Syndicate Labs. There is no claim portal and you do not need to take action to receive your reimbursement. (It is already transferred)

This entire reimbursement totals to 12,901,167.031748179832163173 SYND

The reimbursement proof can be viewed at this contract address: basescan.org/address/0x5Aca…

basescan.org Address: 0x5AcaADC3...93C02D6a5 | BaseScan Contract: Unverified | Balance: $0 across 0 Chains | Transactions: 2,585 | As at Nov-08-2026 10:29:05 PM (UTC)

Syndicate @syndicateio May 7

We have validated all holder and staker balances on Commons. We are importing them into our tool to send these balances to the corresponding addresses on Base. Before sending, we will perform further validation and simulations.

We will have updates soon as this work continues

Syndicate @syndicateio May 3

An update on the Syndicate bridge compromise: Making users and customers whole is progressing quickly.

The affected customer has been made whole.

Making SYND holders on Commons whole is underway. Pre-compromise SYND balances on Commons have been snapshotted. We are double-checking these scripts prior to initiating transfers on Base.

Our intention is that customers and users will be made whole 1:1 (or better) based on the original tokens taken. This is already complete for the affected customer. We will share updates for Commons SYND holders soon on the recovery details and bonuses.
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Syndicate @syndicateio Apr 30

Syndicate Labs experienced a security incident. A private key compromise enabled malicious upgrades to bridge contracts on two chains, moving ~18.5M SYND and ~$50,000 of tokens from customer chains.

All impacted parties are being made whole. Details below ↓