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Hello Everyone, This is in fact a TN panel and does have freesync. However many have reported having no issues running this model and its previous version at 144Hz due to also having adaptive-sync. In fact the previous model the LG 24GM77-B was one of the highest rated 24" 144Hz panels available. So yes there are cheaper options out there but they will not perform as well as this monitor does.
http://www.tomshardware.com/reviews/lg-24gm77-gaming-monitor,4082.html
Cheers.