It's pretty close, but not exactly. 1. You can still use any code written before today under Apache 2 and build a proprietary version out of that. 2. If you'd

It's pretty close, but not exactly. 1. You can still use any code written before today under Apache 2 and build a proprietary version out of that. 2. If you'd like to build a proprietary tool that makes use of the new features Element builds after today, you can do that as well if you negotiate with Element. But you won't be able to use any of the new work Element does on Synapse after today without either open sourcing your project or paying Element.