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Syndicate Weekly Digest: Week of Record TGEs and Polymarket’s New Leap
Syndicate Weekly Digest: Week of Record TGEs and Polymarket’s New Leap
Syndicate Weekly Digest: Week of Record TGEs and Polymarket’s New Leap
May 4, 2026

Syndicate Weekly Digest: Week of Record TGEs and Polymarket’s New Leap

The week was a record-breaker for TGEs: Pharos and Gensyn both closed their token generations, Polymarket migrated to CLOBv2 with $1 million in liquidity, and Plume opened registration for Season 2.

Syndicate

Written

by Syndicate

May 4, 2026

Launches and Updates

On April 28, Pharos launched Pacific Ocean mainnet, and with it, the airdrop claim opened. Participants checked their allocations and claimed tokens on claim.pharos.xyz. The project’s total supply is 1 billion tokens, with 6% allocated to community airdrop and another 21% to ecosystem and community. No inflation for the first six months post-launch, then 5% annually with potential adjustments by the foundation.

On April 28, Polymarket upgraded its trading infrastructure and switched to CLOB v2. This made trading faster and more convenient, but during migration, trades were paused for about an hour, and all open limit orders from the old orderbook had to be re-placed. To support liquidity, the project launched a $1 million rewards program: $500K distributed in the first two hours post-upgrade, another $500K throughout the day. Post-switch, a fee rebate mechanism kicked in, and for the new infrastructure, the pUSD stablecoin collateral was introduced.

On April 29, Plume opened registration for Season 2: participants had until May 27 to apply. They needed at least 10K PlumePoints, and some users also had to pass Human Passport verification with a score above 20. Note that PlumePoints accumulation ended March 31, so the season built on prior activity.

On April 30, Gensyn held its TGE, with claims for participants opening via allocations.gensyn.network. The token listed immediately on OKX, Binance Alpha, and Kraken, giving it a strong liquidity start. The project has a 10 billion supply, with part of protocol fees going to buybacks: 70% burned, 29% to community treasury, 1% to ops. Post-listing, the token surged ~250%, then pulled back ~45%. Daily volume held around $89–92 million.

Product Updates

This week, Youmio launched the Miogotchi mini-game right in the app to boost user engagement. GRVT keeps moving per plan: spot trading expected end-April, TGE after Season 2 ends June 30.

Closed Access: Betas and Testnets of the Week

Kash ($KASH) remains in closed testnet: predictions made directly from X feed via @kash_bot, public access promised later. Konnex continues testnet campaign on Substrate with tasks across subnetworks (drone navigation, robotic arm VLA, SLAM 3D map), and Forte Protocol runs activity via Galxe and waitlist.

The market delivered another powerhouse week: new claims, upgrades, and testnets non-stop. That’s why we update all key events in the Syndicate app, so you always have access to the freshest info and activities.

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Syndicate Weekly Digest: New Claims, Points Drops, and Updates

Syndicate Weekly Digest: New Claims, Points Drops, and Updates


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