SynFutures Oyster Odyssey Points Program
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Reward pool
Not set
points
Expected profit
points
points
Max participants
∞
No limit
DropsEarn score
Neutral
Normal, Low Risks
Details
Think of O_O as your new playground for interacting with SynFutures V3. Earn points by splashing liquidity around, dragging your friends into the fray, cracking open mystery boxes, and much more. And with Boosts and Luck in the mix, the sky’s just the starting line.
Why a Points Program?
Kicking off with our V3 mainnet, O_O isn’t just another program — it’s the way of jump starting the next phase of SynFutures while showcasing the new oAMM, gearing up for the epic stuff ahead. O_O is a significant step in the roadmap toward becoming the biggest perps DEX and bringing onchain derivatives to the masses.
To the OG community members who have been with the SynFutures for a while, rest assured the project has taken note of your long-term participation, and you’ll be rewarded accordingly.
O_O Epoch 1 will take place over the next few months. An end time will be announced in due time.
How to Get Started
Go to oyster.synfutures.com to get started. Connect your wallet, sign in with your X account, and Join Discord. Once you’ve completed the sign-in process, you can begin earning points.
Please note that you must register to participate in O_O.
The Oyster Odyssey Interface
There are 4 ways to earn points:
- Provide liquidity to designated pools
- Invite friends using your unique referral link
- Open a mystery box
- Turn a spin
Provide Liquidity
There are two ways to provide liquidity on SynFutures:
- Place a limit order and
- Add LP to the AMM pools
Placing a limit order
- Placing limit orders in designated asset pairs will be eligible for points. These asset pairs are highlighted with “Points” signs.
- Points start accumulation once the limit order is placed.
- The bigger the limit order, the more points.
- If the order remains unfilled for an extended period, it will be deemed stale and stop accumulating points even if still outstanding.
- Orders close to market price will keep gaining points until it’s filled. There will also be a bonus for filled orders.
Adding LP to the AMM pools
- Liquidity provisioning to designated AMM pools will be eligible for points. These pools are highlighted with “Points” signs.
- Given the underlying risks, the accumulation rate (with boost multipliers shown on the pools) differs across different pools.
- Bigger liquidity sizes and narrower liquidity ranges help accumulate points faster.
Inviting Friends
- After registration, every user will have a referral link that can be used to invite friends to join the squad. The referral link can be used for unlimited times.
- Users will gain additional points for their referred users, equal to a higher percentage of tier-1 and a lower percentage of tier-2 referred users’ points.
- There will be limited special referral links that have a boost effect for a limited time period, and the boost will apply to all tier 1 invitees.
Opening Mystery Boxes
- The system will reward each user with 1 mystery box upon successful registration.
- With every friend invited, the inviter will be rewarded with a mystery box, which has a random number of embedded points.
Turning Spins
With assets locked on SynFutures, spins will be distributed by the system based on the volume and locked period of the TVL.
- The more assets, the longer the lock, the more spins.
- Reaching the TVL milestone with the squad will result in getting Luck and result in a higher chance of super spins.
- Super spins yield rewards up to 10 times greater than regular spins.
How to Earn Boosts
- Invited by a boosted referral link, which enables a limited time period of boosted points;
- To invite friends and team up as a squad, the accumulated TVL (yourself and all tier 1 invitees) pass the milestone will result in a level-up boost as long as the TVL stays above the milestone.
- Removing liquidity below the milestone TVL will result in losing the level-up boost effect.
See the full terms and conditions.
About SynFutures
SynFutures is a leading perps DEX that creates an open and trustless derivatives market by enabling trading on anything with a price feed anytime. SynFutures democratizes the derivatives market by employing an Amazon-like business model, giving users the tools to freely trade any assets and list arbitrary futures contracts within seconds. Backed by top investors like Pantera, Polychain, Standard Crypto, Hashkey, and more, SynFutures has processed more than $23 billion in trading volume since its launch in 2021.
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The new O_O points program is a gateway to rack up rewards on SynFutures V3. Following the launch of V3 on the Blast mainnet, SynFutures is excited to announce O_O, or Oyster Odyssey, an incentivized points program for SynFuturers to help grow its community while reaping yield with an unlimited liquidity boost.
from 1 Mar 2024 11:47(UTC+3)
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