TL;DR
- SynFutures launches the SynFutures Foundation and the F token to decentralize its protocol and strengthen its ecosystem.
- The F token will allow the community to participate in governance, with benefits such as voting power, staking rewards, and discounts.
- With a total supply of 10 billion F tokens, the gradual distribution aims to ensure balanced and sustainable growth.
SynFutures has launched the SynFutures Foundation and the F token, in an effort to advance the decentralization of its protocol and offer the community a more active role in its governance. With these advancements, the platform seeks to strengthen its ecosystem and facilitate a more open and accessible model.
Since its launch in 2021, SynFutures has built a robust protocol focused on creating accessible and permissionless financial derivative markets. However, the project’s vision has always been that of a community-governed platform, and this launch is a crucial step in that direction. The SynFutures Foundation, now responsible for overseeing the development and growth of the protocol, will allow community members to actively participate in decision-making through proposals related to the future of the platform.
The F token is the core of this governance. Through its distribution, the goal is to recognize and reward the most committed members of the project. At the same time, it encourages active participation in the platform’s evolution. F holders will have access to exclusive benefits such as voting power on proposals, staking rewards, and discounts on platform fees. In addition, they will be able to accumulate more incentives through a “boost” system for future airdrops.
SynFutures: F Token
With a total supply of 10 billion F tokens, 12% of the initial issuance will be unlocked at launch. The rest will be gradually distributed among the community, collaborators, the Foundation’s fund, and protocol developers, among others. This distribution strategy aims to ensure balanced and sustainable growth for the ecosystem.
In the coming months, SynFutures will implement a series of additional measures to facilitate governance and continue strengthening its community. This includes the creation of a governance forum and the integration of a voting system, which will allow users to influence the protocol’s strategic decisions.
