- Airdrop Link: TRADE PERPS TO EARN POINTS
- Total value: n/a
- ❌ Airdrop unconfirmed
- Platform: arbitrum, base, eth, optimism, polygon
What is Synquote?
Synquote is a decentralized derivatives trading platform, providing direct access to institutional-grade liquidity for trading perpetual futures and European-style options on major cryptocurrencies like Bitcoin and Ethereum. By connecting traders directly to top crypto institutions, Synquote aims to solve the common issues of liquidity and pricing in decentralized derivatives trading.
What sets Synquote apart is its robust infrastructure that enables seamless trading across multiple networks, including Arbitrum, Base, Optimism, Polygon, and Ethereum mainnet. This multi-chain approach ensures traders can access the platform’s features regardless of their preferred network, while maintaining the security and transparency benefits of decentralized trading.
Synquote Airdrop Details
Synquote has launched an exciting opportunity for early adopters through their Genesis Pioneers Points program. While an official token airdrop remains unconfirmed, the platform has announced a points distribution event scheduled for December 27th, 2023, at 17:00 UTC. This points system potentially signals a future token distribution, making early participation crucial for those interested in being part of Synquote’s ecosystem from the beginning.
The points earning mechanism is two-fold: users can accumulate points through active trading on the platform and by participating in the referral program. The referral system offers a compelling 10% bonus structure, where referrers earn 10% of their invitees’ points, and referred users receive a 10% boost to their own earnings.
How to Participate in the Synquote Points Program
- Visit the Synquote Platform
- Navigate to the official Synquote website
- Click the “Login” button in the top right corner
- Choose between email login or wallet connection
- Generate Your Synquote Keys
- After connecting your wallet, go to the Perps page
- Click “Generate Synquote Keys”
- Sign the transaction through your wallet
- Fund Your Account
- Start Trading
- Begin trading perpetuals or options contracts
- Focus on building significant trading volume before the December 27th deadline
- Monitor your points accumulation through the platform
- Maximize Your Earnings Through Referrals
- Visit the “Rewards” page
- Get your unique referral link
- Share with other traders to earn additional points
Tips for Maximizing Your Points
- Trade regularly to maintain consistent point accumulation
- Focus on higher volume trades to increase your points earnings
- Utilize multiple supported networks to diversify your trading
- Actively promote your referral link to benefit from the 10% bonus structure
- Stay updated with Synquote’s announcements by following their X (Twitter) account
Important Considerations
Understanding the risks and opportunities in derivatives trading is crucial for successful participation:
- Start with smaller trades to familiarize yourself with the platform
- Monitor trading fees and their impact on your strategy
- Keep track of the points distribution deadline
- Understand that while points are confirmed, a token airdrop remains speculative
Frequently Asked Questions
When is the Points Distribution?
The Genesis Pioneers Points distribution is scheduled for December 27th, 2023, at 17:00 UTC.
What Networks Does Synquote Support?
Synquote supports trading on Arbitrum, Base, Optimism, Polygon, and Ethereum mainnet.
How Does the Referral System Work?
Referrers earn 10% of their invitees’ points, while referred users receive a 10% boost to their point earnings.
What Assets Can I Trade on Synquote?
Users can trade perpetual futures and European-style options on major cryptocurrencies like Bitcoin and Ethereum. Perpetual futures are also available for Solana, Dogecoin and Ripple.
Conclusion
Synquote offers a unique opportunity to participate in a potentially valuable points program through their decentralized derivatives trading platform. By combining active trading with strategic referrals before the December 27th distribution, users can maximize their chances of benefiting from any future token distribution.
Remember to follow Synquote’s social media channels for the latest updates and announcements regarding the points program and potential future developments.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
Don't forget to follow us on Twitter, Telegram, & Facebook and subscribe our newsletter to receive new airdrops!Estimated Value
n/a
Tokens per Claim
n/a
Max. Participants
Unlimited