As a seasoned researcher with a keen interest in blockchain technology and decentralized finance (DeFi), I find SynFutures’ latest move intriguing. Having closely followed the DeFi landscape, I can attest to the potential of perpetual derivatives trading platforms like SynFutures. The focus on community governance, development, and partnerships is a promising approach that aligns with my belief in the power of decentralization.
SynFutures, a platform centered around perpetual derivative trading on Base that operates without a central authority, has unveiled the establishment of the SynFutures Foundation and also announced an airdrop of their native F tokens.
According to a recent announcement, the foundation intends to promote self-governing communities, manage the creation of platforms, and cultivate collaborations by offering grants and funding opportunities.
The token F, built on Ethereum, will offer its holders voting privileges, rewards for staking, and reduced fees. In total, SynFutures intends to disseminate a grand total of 10 billion F tokens, with 7.5% being distributed during the Season 1 Airdrop on December 6, 2024. Individuals who have interacted with SynFutures platforms 1 through 3 will be eligible for this distribution.
Multiple significant trading platforms such as Bybit, Gate.io, Bitget, and KuCoin are participating in the distribution of this new token (airdrop). Specifically, Bybit has initiated a launchpool event from December 2nd to 5th, enabling users to accumulate F tokens before they become officially listed. Meanwhile, Gate.io is providing a comparable program with the allocation of 75,000 F tokens.
1) Top-notch venture capital firms such as Pantera, Dragonfly, and Polychain support SynFutures. This platform has recently launched a Perp Launchpad, offering a $1 million grant to attract lesser-known coins. In September, SynFutures introduced two perpetual contracts with 10x leverage, enabling traders to speculate on the U.S. presidential election.
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2024-12-04 00:04