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๐ SynFutures, a new futures platform surpassing DYDX and GMX, Blast, triple farming recommendations for small investors [Bitcoin/Ethereum/NFT/Airdrop]
- Writing language: Korean
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Summarized by durumis AI
- SynFutures, a decentralized futures exchange in the Blast ecosystem, has secured a record-breaking investment, leading to high expectations for its value, and is currently running an airdrop event.
- The SynFutures airdrop, which allows for the allocation of a significant amount of Blast Gold, can be participated in by depositing assets into the Blast network and completing missions such as linking Twitter and Discord accounts.
- However, liquidity provision involves the possibility of liquidation, so it is recommended to start with small amounts, proceed cautiously, and participate during times with low price volatility.
Hello,SEPOWER team .
I will introduce you to SinFutures & Blast airdrop, which is a must-have and has received the largest investment ever in DEX exchanges.
โ๏ธ Checkpoints
- The SinFutures airdrop looks the best among the Blast ecosystem airdrops.
- Blast Gold is allocated more to projects with good TVL or trading volume, and SinFutures is the most advantageous.
- SinFutures is a decentralized futures exchange on the Blast network.
- Just depositing in the Blast ecosystem will earn you interest. It is an opportunity because triple farming of Blast Point + Blast Gold + SinFutures coin is possible.
- However, there is a possibility of liquidation, so it is necessary to approach it very carefully.
- The first snapshot will be taken on April 9th.
- You can expect big profits when the 'Blast airdrop' comes in May and when 'SinFutures is listed'.
๐ฐ Investment attraction
- Tier 1 VCs have invested continuously for 3 years. Approximately 50 billion won (about 39 million USD) was invested.
- It is the largest investment ever raised among DEX exchanges.
- Since it received investment at a high valuation, the token listing price is expected to be formed naturally.
๐ How to participate
(So far, you only need to clear missions 1 and 2 in the order you have been guided.)
1๏ธโฃ Mission 1 : Blast link Access and follow the steps below
1. Connect Twitter
2. Connect Discord
3. Register the code (5HYTA copy and paste)
4. Bridge assets
- Bridging assets isdepositing funds into the Metamask Blast chain.
- You need to have ETH on the Blast mainnet. It is recommended to send ETH to Optimism or Arbitrum and then move it to the Blast mainnet through Orbiter Finance (orbiter.finance).The official bridge has high gas fees, and this method is the cheapest for bridging.
- You need to leave a small amount of Blast ETH in Metamask to use as gas fees.
2๏ธโฃ USDB swap
- Once you have confirmed that ETH has arrived on the Blast mainnet, swap ETH to USDB on Thruster (app.thruster.finance).
3๏ธโฃ Mission 2 : SinFutures link Access the site and connect Twitter, Discord, and your wallet.
- You need to come through the link to get a 5% bonus point boost**
4๏ธโฃ Click the EARN menu at the top and then click 'BTC/USDB'.
- Get points by providing liquidity through AMM on Oyster Odyssey.
- The 'BTC/USDB pool' with x200, which has the least volatility, is recommended
- You can earn 200 times the SinFutures point by conducting futures trading at a limit price.
5๏ธโฃ Provide liquidity
- The smaller the price range, the greater the point farming (APR up).
- If the price range you set is exceeded, the liquidity you provided will be liquidated.
- The smaller the range, the higher the probability of liquidation, so be very carefulyou need to.
- If the Liquidation Price is reached, it will be liquidated, so you need to take a picture of it beforehand.
6๏ธโฃ Receive airdrops
- When the epoch ends after a while, you can check that you have received 3 types of airdrops: Blast Points, Blast Gold, and SinFutures.
๐ Comment
- A task that small investors can do with high risk and high return.
- It is not recommended for people who are simply depositing and busy. You have to pay close attention.
- However, it is possible to farm efficiently during times when Bitcoin is not plummeting or soaring, such as weekends.
- It's a great opportunity because you can triple farm Blast Points + Blast Gold + SinFutures coins.
- There are risky parts, so small amounts are recommended.
- To maximize it, it is maximized when the total volume, holding time, and price fluctuations are not large. Getting points is important, but keeping your funds is the top priority, so it is best to use funds that you can handle when there is no price volatility.