As a seasoned researcher who has navigated through the complexities of the crypto world for years, I find SynFutures’ recent moves to be quite intriguing and potentially promising. The introduction of SynFutures Foundation and the upcoming F token airdrop are strategic steps that could solidify their position in the decentralized exchange market.
SynFutures, a platform for continuous contracts trading on the Blockchain network, has established the SynFutures Foundation and unveiled plans for distributing their native token, F, through an airdrop.
The SynFutures Foundation plans to work closely with the community in managing the creation and security of strategic partnerships for the DEX platform. In line with its community-based leadership approach, the foundation seeks to foster the prosperity of grant projects, joint ventures, and financial aid programs.
The F token is a primary asset on the Ethereum (ETH) network, providing its owners with voting privileges, earning potential from staking, and reduced fees. An initial distribution of 10 billion F tokens will be given to the community, with further airdrops anticipated in the future.
In a recent announcement, SynFutures highlighted that the upcoming airdrop stands to advantage the broader community, investors and experts backing the platform, the foundation’s funds, key developers, and essential team members. Furthermore, a portion of the allocation is earmarked for maintaining liquidity and fostering further advancements in the protocol.
28.5% of the entire F token allocation will be given to the community, where 7.5% will be distributed during the Season 1 Airdrop on December 6, 2024. This airdrop is open to users who have regularly engaged with SynFutures, starting from version 1 up until version 3.
As a crypto investor, I’ve noticed that platforms like Bybit, Gate.io, Bitget, and KuCoin are backing the F token airdrop. Excitingly, Bybit is setting up a Launchpool initiative from Dec. 2 to Dec. 5, giving participants an opportunity to accumulate F tokens prior to its listing. Similarly, Gate.io is offering a program with a total of 75,000 F tokens up for grabs.
SynFutures enjoys the support of well-known venture capital firms including Pantera, Dragonfly, Polychain, Standard Crypto, and SIG.
1) Lately, the platform introduced a Perp Launchpad, providing a million-dollar grant for tokens considered less popular or underrated. In September, SynFutures made available two perpetual contracts with 10 times leverage, enabling traders to wager on the U.S. election results.
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2024-12-03 19:34