Sylan

Sylan SYL

Live

A decentralized API marketplace where providers monetize APIs and consumers pay in SYL using blockchain-based escrow and consensus for reliable data.

Ends in

0 days

Platform

Polygon (MATIC)

Origin

United Arab Emirates (AE)

Price

$0.01

Soft cap

$30,000

Hard cap

$300,000

KYC

Not required

Restricted countries

NA

Buy with

USDC

Total Supply

100,000,000 SYL

Total Valuation

$1,000,000

Project Description

Sylan is a decentralized API marketplace on Polygon that connects API/data providers, node operators, and consumers. Providers list their APIs with transparent pay-per-call or subscription plans. Consumers pay in SYL, which is locked in an on-chain escrow contract for each request or subscription. A network of independent nodes fetches responses from the provider APIs, reaches quorum on signed snapshots (EIP-712), and only then settles the escrowed funds based on success or failure. This creates a trust-minimized flow: lock → request → vote → settle. Key features Escrowed SYL payments for each request or subscription, with automatic settlement and transparent balances. Quorum-based consensus on API responses via EIP-712 snapshots and node voting, with rewards/slashing for node performance. Configurable API plans (Pay-Per-Call and Subscription) with on-chain pricing, access control, and per-API fee splits between providers, nodes, and the platform. On-chain audit trail (EventLogger) emitting structured events for requests, votes, and settlements, enabling explorers, analytics, and dispute resolution. Upgradeable core on Polygon (UUPS pattern) with a “Polygon-first” strategy for low fees and fast finality, plus future multi-chain readiness. Use cases include crypto market data APIs, Web3 price feeds, AI inference APIs, fintech/FX data providers, and any service where reliable, monetized API access is needed. Sylan turns APIs into on-chain assets with programmable payments and transparent economics.

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