Syndicate Labs winds down as rollup market shrinks, says SYND governance stays separate

Syndicate Labs says it is winding down after five years building onchain developer infra, blaming a rollup market that has shrunk and moved away from EVM rollup tooling. The team says the Syndicate Network Collective, a separate Wyoming DUNA holding SYND governance power, is not immediately affected and could continue if a successor maintainer steps in. Syndicate also says the wind down is unrelated to its recent bridge compromise, with affected Commons Chain users reimbursed from treasury reserves and team/investor allocations still locked.

TLDR by @Benthic

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