SINGAPORE, June 19,
2024 /PRNewswire/ --
SynFutures (www.synfutures.com), the leading
DeFi derivatives protocol, today announced its plans
to expand to Base, Coinbase's L2 network. To mark this
milestone, SynFutures is launching "Meme Perp Summer," a six-week
campaign blitz aimed at expanding its community asset listings and
rewarding the meme communities driving organic traction on Base.
With a total rewards pool of 100,000 USDC and future airdrop
allocations, this campaign underscores Synfutures' commitment to
fostering the growth of emerging token projects.
"We are incredibly excited about our expansion to Base. This
move not only reinforces our commitment to providing users with
unique trading opportunities but also reflects our dedication to
supporting and growing vibrant community-driven projects," said
Rachel Lin, Co-founder and
CEO of SynFutures.
This expansion to Base is a key part of SynFutures' multichain
strategy for V3. Having seen immense success since launching V3 on
Blast, where the protocol consistently ranked as the number one
DeFi derivatives protocol by trading volume,
SynFutures is now bringing its onchain orderbook for perps to Base.
In just four months on Blast, the protocol has achieved nearly
$100 billion in cumulative volume,
with over 4 million transactions and 142,000 on-chain users.
SynFutures will continue to support Blast while extending its
reach, doubling down on its commitment to being the go-to
destination for trading trending tokens, including memecoins and
altcoins. V3 has already supported perp pairs for trending tokens
like PAC, DEGEN, YES, WIF, and ESE on Blast, and is now bringing
this strategy to Base.
Memecoin Perp Summer
Running from June 18 to July 29,
2024, Meme Perp Summer aims to spotlight and reward emerging
token projects that drive authentic traction and engagement.
Selected projects can earn up to 10,000 USDC from the reward pool,
to be used for purchasing the project's token from their treasury
or designated DEX and listing on SynFutures. Meme trading pairs
will be listed against WETH or USDC, offering additional trading
opportunities and liquidity.
- Timeline: June 18, 2024 -
July 29, 2024
- Rewards Pool: 100,000 USDC plus future designated
airdrop allocations
Key Dates:
- June 18: Campaign launch
and token project sign-up begins
- June 25: Deadline for
token project sign-ups and announcement of eligible projects and
reward allocations
- June 26: Eligible token
trading pairs listing on SynFutures with one-day exclusive
promotion on our social media channels
- July 29: Tentative end
date for the Meme Perp Summer Campaign
Eligibility and Participation: Token projects
interested in participating must have an ERC20 token on Base, an
active and engaged community, and a proven track record of driving
traction without the intent of rug-pull. Key requirements
include:
- 5,000 followers on social media
- $100K trading volume in the last
24 hours
- Regular and active social media engagement and events
- Trading pairs listed on Uniswap v2
- Willingness to co-market with SynFutures
Token projects interested in participating in Meme Perp Summer
should send a direct message to SynFutures' official X account,
@SynFuturesDeFi. A SynFutures team member will reply with the
registration form. The sign-up process will require project
details, community metrics, and a commitment to meet the
participation requirements.
About SynFutures
SynFutures is a decentralized perpetual futures
protocol that facilitates open and transparent trading on any
assets and listings instantly. The V3 Oyster AMM launched the
industry's first-ever unified AMM and onchain order book model.
Backers include Tier 1 Web3 institutional investors Pantera
Capital, Polychain Capital, Susquehanna International Group (SIG),
Dragonfly Capital, Standard Crypto, and Framework
Ventures, and the team has extensive experience at global financial
institutions, fintech companies and blockchain technology companies
such as Alipay, Bitmain, Credit Suisse, Deutsche Bank, Matrixport,
and Nomura Securities.
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SOURCE SynFutures