SyncSwap Airdrop: DEX tokens for Linea, ZKsync, and Scroll arriving on January 4, 2025
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As a reference decentralized exchange for L2 blockchains like ZKsync, Linea, and Scroll, SyncSwap is preparing for the upcoming governance token SYNC, planning to distribute these tokens through an airdrop. This decision brings significant benefits to its community and loyal users, and may also provide momentum for SyncSwap's accelerated growth in the future.
SyncSwap V3 Upgrade and Innovative Features
SyncSwap recently announced the launch of Version 3, which introduces important new features, particularly Range Pools. The core characteristics of this new structure are:
Capital Efficiency: Range Pools enhance capital utilization efficiency through customized price ranges.
Flexible Liquidity Provider (LP) Management: Supports all types of assets, ensuring liquidity providers can manage flexibly according to their needs.
High APR: These new features enable liquidity providers to achieve higher annualized returns.
Range Pools will initially launch on the ZKsync network and will later expand to other chains. This innovation not only improves user experience but also brings new opportunities and higher yield potential for SyncSwap's liquidity providers.
SYNC Token and Airdrop
With the release of SyncSwap Version 3, the project team also revealed the upcoming SYNC token. The TGE (Token Generation Event) for this token is expected to occur shortly after the ZKsync Ignite reward event begins, although the exact timing has yet to be determined. The total supply of SYNC is 100 million, with 100% allocated to the community, and no share for venture capital (VC), differing from the dominance of venture capitalists in most project airdrops. This distribution approach emphasizes SyncSwap's commitment to community support and may attract more user participation.
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