SynFutures V3 Launches on Blast Mainnet, Revolutionizing Decentralized Derivatives Trading

SynFutures V3 Launch: A Quantum Leap in Decentralized Derivatives Trading

As the much-anticipated launch of SynFutures V3 on the Blast Mainnet approaches, it heralds a pivotal moment in the evolution of decentralized derivatives trading. With the introduction of the innovative Oyster Odyssey points program and the promise of a new token launch, SynFutures is poised to redefine the crypto derivatives landscape. Join us as we delve into the opportunities this transformative launch presents for traders, liquidity providers, and the broader crypto community.

Oyster Odyssey: A Bounty of Rewards

The Oyster Odyssey, also known as O_O, is SynFutures' revolutionary points program designed to incentivize user engagement and reward participation. This groundbreaking program empowers traders and liquidity providers to earn up to 3x rewards through a wide range of activities, including trading and providing liquidity on the platform.

Liquidity Providers: The Backbone of the Ecosystem

Liquidity providers (LPs), including AMM LPs and makers, are the lifeblood of any trading platform. In recognition of their invaluable contribution, SynFutures has devised a generous rewards structure:

• Blast Points: LPs earn these points at the same rate per TVL, ensuring consistent reward generation.
• Blast Gold: Allocated 50% to LPs, reinforcing their essential role.
• SynFutures O_O Points: LPs receive 50% of the daily emission, incentivizing continuous participation.

Traders: Fueling Market Dynamics

Traders, or takers, are the heartbeat of the market, keeping it lively and fluid. The expanded O_O program acknowledges their significance through:

• Blast Points and Blast Gold: Similar to LPs, traders are rewarded based on trading volume, promoting an active market environment.
• SynFutures O_O Points: Allocated based on trading volume, these points further motivate market participation.
• Trading Grand Prix: This exciting competition offers a chance to win a share of a $500,000 prize pool, adding an element of friendly rivalry.

Distribution of Blast Awards and O_O Points

Blast Points are distributed hourly, while Blast Gold follows a biweekly schedule, aligning with Blast's distribution frequency. The SynFutures O_O points snapshot, scheduled for April 9, 2024, will capture all relevant activities, ensuring a fair and proportional distribution of rewards.

Rewarding Loyalty

Acknowledging the unwavering support of its V1 and V2 users, SynFutures promises corresponding rewards, ensuring that long-term participants are not left behind.

A Trailblazer in Decentralized Derivatives Trading

Since its inception in 2021, SynFutures has emerged as a dominant force in the DeFi space, with over $23 billion in total trading volume. The platform's commitment to security, transparency, and innovation has attracted significant backing from top Web3 investors.

The Journey to Mainnet: A Testament to Community and Innovation

The transition to the V3 Mainnet on Blast represents the culmination of community feedback and technological advancements. The success of the Blast Big Bang competition and the remarkable activity on the Blast testnet underscore the community's unwavering support and the platform's technical prowess.

Participating in the Oyster Odyssey

Participating in the Oyster Odyssey is straightforward. Users can earn points by:

• Trading designated pairs
• Providing liquidity
• Inviting friends

The program not only incentivizes active participation but also lays the foundation for future developments and community growth.

Claiming Mystery Boxes and Earning Points

• Register and Connect Your Wallet: Visit the official Oyster Odyssey website and connect your wallet to begin your journey.
• Understanding the Points System: Points are awarded for various platform activities. Ensure the pair or pool you are trading or providing liquidity for is marked as "Oyster Odyssey eligible" to earn points.
• Placing Limit Orders: Place limit orders to accumulate points. Points start accumulating once the order is placed and continue as long as the order remains active.
• Providing Liquidity: Provide liquidity to eligible pools and earn points based on the size and range of your liquidity position.
• Claiming Mystery Boxes: Receive a mystery box upon registration. Earn additional boxes by inviting friends. Points within the boxes are added to your total points.
• Inviting Friends: Share your unique referral link to earn additional points and mystery boxes. Special referral links with a boost effect may be available for a limited time, offering extra rewards.
• Turning Spins: Participate in activities to earn spins. Use spins in the Oyster Odyssey interface for a chance at additional points or rewards.
• Earning and Using Boosts: Activate boosts to significantly increase your points earnings. Boosts can be obtained through using a boosted referral link or by achieving TVL milestones with your squad.

Additional Tips

• Stay updated with the platform for new eligible pairs and pools to maximize your points.
• Engage with the community and join special events or competitions for extra rewards.

Conclusion

The launch of SynFutures V3 on the Blast Mainnet, accompanied by the Oyster Odyssey points program and the anticipation of a new token, signifies a new chapter for the platform and its users. By rewarding participation, fostering transparency, and championing innovation, SynFutures is not just pioneering the future of decentralized derivatives trading but also setting a new standard for the DeFi industry at large. Join the journey and become a part of this exciting new era.