What is Synapse (SYN)?
Synapse (SYN), introduced in 2021, is a token associated with the Synapse protocol, a cross-chain layer for bridging different blockchains. Synapse aims to facilitate seamless asset transfers and communication between disparate blockchain networks. The SYN token is used within the Synapse ecosystem for governance decisions, incentivizing network validators, and transaction fee distribution.
Synapse's mission is to address the interoperability challenges in the blockchain space, enabling more fluid interaction and integration across various blockchain platforms. By doing so, it seeks to enhance the efficiency and utility of decentralized applications and services, making them more accessible and interconnected. The Synapse protocol is instrumental in fostering a more unified and collaborative blockchain environment.
Synapse's mission is to address the interoperability challenges in the blockchain space, enabling more fluid interaction and integration across various blockchain platforms. By doing so, it seeks to enhance the efficiency and utility of decentralized applications and services, making them more accessible and interconnected. The Synapse protocol is instrumental in fostering a more unified and collaborative blockchain environment.
Why choose Rabbit Wallet for Synapse?
Whether you're a total crypto newbie or a seasoned pro, Rabbit Wallet's got your back for
handling your SYN with ease. Check out some cool features that make Rabbit stand out:
Exchange Synapse (SYN)
With the Rabbit's built-in coin swap feature, you can exchange your Synapse for
any other coin at the best rates without ever leaving the cozy confines of your
wallet.
Self-Custodial
With a self-custodial wallet, you control the keys to your Synapse, meaning that
nobody, not even Rabbit, can ever access your coins. This also leads to faster
transactions with no third-party fees except for miners and increased flexibility.
Optimal Fees
The unique fee calculation algorithms provide you with various options when
available, allowing you to choose the most optimal one to ensure your transaction is
confirmed both swiftly and cost-effectively.
User-Friendly
We've worked hard to make Rabbit Wallet user-friendly for everyone. Packed with
features, it suits users at all levels, and our developers respond directly when
help is needed.
How to use Rabbit Wallet?
Creating a new wallet takes just a few clicks, and requires no information from you.
Here is a short brief on how you can create your new wallet:
Here is a short brief on how you can create your new wallet:
Save your phrase
You will be given a phrase, which will act as a primary key to your wallet. Save it
securely.
Set your password
Password is required to both open your wallet, and to perform any transactions.
You are in!
Now you are all set to explore the crypto world! Welcome to freedom!
Friendly tip: Having your passphrase on a sticky note under a keyboard might not be the best way to
store it.