- SYNTHR tokens can now be farmed in KuCoin's GemPool.
- New customers who register after January seventh could have unique entry to the USDT pool.
- Farming begins on January eighth and SYNTH buying and selling begins on January 14th.
Distinguished cryptocurrency change KuCoin has introduced the addition of SYNTHR (SYNTH) to its GemPool, providing customers the chance to farm the token by staking KCS or USDT.
This marketing campaign runs from January eighth at 12:00 UTC till January 14th, 2025. A particular alternative can be supplied to new customers who register after 16:00 UTC on January 7, 2025 and full KYC verification.
The overall reward pool for the staking marketing campaign is 4,347,826 SYNTH tokens, break up into two swimming pools. The KCS pool will present 3,900,000 SYNTH tokens and the USDT pool reserved for brand spanking new customers will present 447,826 SYNTH tokens.
Bonus for individuals
Members can enhance their rewards via two bonus packages. Those that reply all questions appropriately on the marketing campaign quiz will obtain a ten% bonus.
Moreover, KuCoin VIP customers can earn unique bonuses based mostly on their VIP degree, starting from 10% for VIP ranges 1-4 to twenty% for VIP ranges 8-12.
KuCoin calculates every day rewards based mostly on a person's common stake stability per hour. Customers will have the ability to declare tokens every day beginning January 9, 2025.
For these unfamiliar with SYNTHR, SYNTHR is ready to revolutionize cross-chain liquidity via superior applied sciences corresponding to pull and push oracles, a zero-slippage omnichain liquidity layer, and an impartial consensus system. Designed. These options permit SYNTHR to create a safe and seamless transaction surroundings at theoretical efficiency limits.
Nonetheless, KuCoin customers from sure restricted areas, corresponding to america, Canada (Ontario), and China, won’t be able to take part. Moreover, customers solely must stake their tokens in a single pool at a time, however they’ll unstake or swap swimming pools as wanted throughout the marketing campaign interval.
Buying and selling of SYNTHR (SYNTH) on KuCoin will start at 12:00 UTC on January 14, 2025, after the tip of the GemPool marketing campaign. Different comparable current listings by KuCoin embody Clay Tokens and Sonic SVM.
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