SynFutures, a decentralized exchange (DEX) for trading derivatives on Base, announced the launch of its foundation and native token in a Nov. 25 Medium article.
The SynFutures Foundation and the F token will play crucial roles in SynFutures' efforts to build a decentralized, open, and permissionless financial ecosystem, according to their Medium article. The announcement comes after the conclusion of its Oyster Odyssey points program.
Ownership of the F token will grant holders voting rights in the SynFutures ecosystem, airdrop boosts, fee discounts, and rewards. Its total supply of 10 billion will be distributed among the community, foundation treasury, backers and advisers, core contributors, protocol development, and liquidity.
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#undefined [Source: TheDefiant]