SynFutures Expands Everlasting Market Base with New Memecoin Initiative

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Singapore, Singapore, June 19, 2024, Chainwire

Shinfuturesa number one DeFi derivatives protocol, as we speak introduced plans to increase to Coinbase's L2 community, Base. To rejoice this milestone, SynFutures is launching “Meme Perp Summer time,” a six-week marketing campaign blitz aimed toward increasing its neighborhood asset listing and rewarding the meme neighborhood for driving natural traction on Base. With a complete reward pool of 100,000 USDC, with future airdrop allocations deliberate, the marketing campaign highlights Synfutures' dedication to catalyzing the expansion of rising token initiatives.

“We’re extremely enthusiastic about our enlargement into Base. This transfer not solely reinforces our dedication to offering distinctive buying and selling alternatives for our customers, but in addition displays our dedication to supporting and rising vibrant community-driven initiatives,” he stated. Rachel Lin Co-Founder and CEO SynFutures.

This enlargement to Base is a key a part of SynFutures' multi-chain technique for V3. Having seen nice success since launching V3 on Blast, the place the protocol persistently ranked among the many high DeFi derivatives protocols by buying and selling quantity, SynFutures is now bringing on-chain order books for Purps to Base. In simply 4 months on Blast, the protocol has reached practically $100 billion in cumulative buying and selling quantity, with over 4 million transactions and 142,000 on-chain customers.

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SynFutures will proceed to assist Blast whereas increasing its attain, strengthening its dedication to be the go-to place to commerce trending tokens resembling meme cash and altcoins. V3 already helps perp pairs of trending tokens resembling PAC, DEGEN, YES, WIF, ESE, and so forth. on Blast and is introducing this technique to Base as effectively.

Meme Coin Purp Summer time

Working from June 18 to July 29, 2024, Meme Perp Summer time goals to highlight and reward rising token initiatives that drive real traction and engagement. Chosen initiatives can earn as much as 10,000 USDC from the reward pool, which can be utilized to buy the challenge's tokens from the challenge's fund or designated DEX and get listed on SynFutures. Meme's buying and selling pairs will likely be listed towards WETH or USDC, offering extra buying and selling alternatives and liquidity.

  • Timeline: June 18, 2024 – July 29, 2024
  • Reward Pool (NASDAQ:): 100,000 USDC plus future designated airdrop allocations

Vital Dates:

  • June 18: Marketing campaign launches and registrations open for token initiatives
  • June 25: Announcement of token challenge registration deadline, eligible initiatives and reward distribution
  • June 26: Eligible token buying and selling pairs will likely be listed on SynFutures and promoted on social media channels for sooner or later solely.
  • July 29: Tentative finish date for the Meme Purp Summer time Marketing campaign
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Eligibility and find out how to take part: Token initiatives desirous to take part should have an ERC20 token on Base, an lively and engaged neighborhood, and a monitor file of gaining traction with none intention of rug-pulling. The primary necessities are:

  • 5,000 Social Media Followers
  • Buying and selling quantity within the final 24 hours was $100,000
  • Common and proactive social media engagement and occasions
  • Buying and selling pairs listed on v2
  • Willingness to co-market with SynFutures

Token initiatives all in favour of taking part in Meme Perp Summer time ought to ship a direct message to the official SynFutures X account @SynFuturesDeFi. A SynFutures crew member will reply with a registration kind. The sign-up course of would require challenge particulars, neighborhood metrics, and a dedication to satisfy the participation necessities.

About SynFutures

SynFutures is a decentralized perpetual futures protocol that allows immediate, open and clear buying and selling of any asset or exchange-listed instrument. V3 Oyster AMM introduces the trade's first built-in AMM and on-chain order e book mannequin.

Backers embody Tier 1 Net 3 institutional buyers Pantera Capital, Polychain Capital, Susquehanna Worldwide Group (SIG), Dragonfly Capital, Customary Crypto and Framework Ventures, and the crew has intensive expertise working at international monetary establishments, fintechs and blockchain know-how firms together with Alipay, Bitmain, Credit score Suisse, Deutsche Financial institution, Matrixport and Nomura Securities.

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For extra info, go to SynFutures: Web site | Twitter | Warpcast

contactChief Advertising OfficerMark LeeShinfuturesE mail: [email protected]

This text was first printed on Chainwire