Simplified entry to leverage in your favourite markets is getting an improve. Our Base V3 deployment of Synthetix Leveraged Tokens is ready to go reside subsequent week on January twenty first. To have a good time this milestone, we’re working a five-week rewards marketing campaign with 150,000 USDC and 75,000 OP for merchants who mint Leveraged Tokens beginning January twenty first. For individuals who can’t wait, you possibly can mint Leveraged Tokens on our V2 Optimism deployment at the moment.
Over 5 weeks, merchants can get their share of OP and USDC tokens by minting Synthetix Leveraged Tokens on both OP or Base deployments. These utilizing the OP deployment will obtain a share of 15,000 OP per week, and people utilizing the Base V3 deployment will obtain a share of 30,000 USDC per week. The rewards acquired by every dealer will likely be decided pro-rata based on their charges paid to the Synthetix Leverage protocol throughout every weekly interval.
Mint Synthetix Leveraged Tokens of any measurement in the course of the promotional interval beginning January twenty first at 00:00 UTC by means of February twenty fifth to be eligible for OP and USDC rewards.
Rewards earned every week will likely be claimable by way of the Rewards tab. Merchants could have 28 days following the top of this system to assert their rewards.
The Leveraged Token Rally begins Tuesday, January twenty first, so set your reminders and keep tuned to our announcement channels for full particulars and to earn your share of OP and USDC. In the meantime, you possibly can study extra about Synthetix Leveraged Tokens and take a look at them for your self at leverage.synthetix.io.
