SynFutures, a decentralized exchange for perpetual derivatives, has introduced SynFutures Foundation and announced an airdrop of its native F token.
SynFutures Foundation and its objectives
The SynFutures Foundation will collaborate with the community to oversee the development of the DEX platform and secure key partnerships. The initiative aims to ensure the success of grants, project collaborations, and funding programs.
Details of the F token airdrop
The F token, based on Ethereum, will grant holders governance rights, staking rewards, and fee discounts. The airdrop will distribute 10 billion F tokens to the community, with additional airdrops planned.
Support from cryptocurrency exchanges
Several cryptocurrency exchanges, including Bybit, Gate.io, Bitget, and KuCoin, have expressed support for the F token airdrop. Bybit will host a Launchpool initiative from Dec. 2 to Dec. 5, allowing participants to earn F ahead of its listing.
SynFutures' new initiative focuses on platform development, community engagement, and creating favorable conditions for all participants.
