SynFutures, the DeFi derivatives protocol, has recently announced its plans to expand to Base, Coinbase’s L2 network. This move marks a significant milestone for SynFutures as it aims to tap into a new market and provide unique trading opportunities for its users. The expansion to Base is part of SynFutures’ multichain strategy for V3, following the success of the protocol on Blast where it consistently ranked as the number one DeFi derivatives protocol by trading volume.
Meme Perp Summer Campaign
To celebrate its expansion to Base, SynFutures has launched the “Meme Perp Summer” campaign, a six-week blitz aimed at expanding its community asset listings and rewarding meme communities that drive organic traction on Base. The campaign features a total rewards pool of 100,000 USDC, along with future airdrop allocations, showcasing SynFutures’ commitment to supporting and growing vibrant community-driven projects. Rachel Lin, Co-founder and CEO of SynFutures, expressed her excitement about the expansion to Base, emphasizing the protocol’s dedication to providing unique trading opportunities for users.
The Meme Perp Summer campaign runs from June 18 to July 29, 2024, with key dates including the campaign launch, token project sign-up deadline, eligible projects announcement, and trading pairs listing on SynFutures. Eligible token projects must meet certain requirements such as having an ERC20 token on Base, an active and engaged community, and a proven track record of driving traction without the intent of rug-pull. Projects must also have 5,000 followers on social media, $100K trading volume in the last 24 hours, active social media engagement, and trading pairs listed on Uniswap v2.
Participation Process
Token projects interested in participating in the Meme Perp Summer campaign can reach out to SynFutures’ official X account, @SynFuturesDeFi, to receive the registration form. The sign-up process will require project details, community metrics, and a commitment to meet the participation requirements. SynFutures aims to spotlight and reward emerging token projects that drive authentic traction and engagement, with selected projects having the opportunity to earn up to 10,000 USDC from the reward pool.
SynFutures is a decentralized perpetual futures protocol that enables open and transparent trading on any assets instantly. The V3 Oyster AMM features the industry’s first-ever unified AMM and onchain order book model, providing users with a unique trading experience. Backed by Tier 1 Web3 institutional investors, the SynFutures team brings extensive experience from global financial institutions, fintech companies, and blockchain technology companies. With a focus on fostering the growth of emerging token projects, SynFutures continues to expand its reach and provide innovative trading opportunities for users.