Simplified entry to leverage in your favourite markets is getting an improve. Our Base V3 deployment of Synthetix Leveraged Tokens is about to go stay subsequent week on January twenty first. To rejoice this milestone, we’re operating 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 may mint Leveraged Tokens on our V2 Optimism deployment at this time.
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 obtained by every dealer will probably be decided pro-rata in accordance with their charges paid to the Synthetix Leverage protocol throughout every weekly interval.
Mint Synthetix Leveraged Tokens of any dimension through the promotional interval beginning January twenty first at 00:00 UTC by way of February twenty fifth to be eligible for OP and USDC rewards.
Rewards earned every week will probably be claimable through 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 may be taught extra about Synthetix Leveraged Tokens and take a look at them for your self at leverage.synthetix.io.
