SynLev 3X ETH/USD LP Rewards Round 2

SynLev
1 min readNov 23, 2020

We just ended round 1 of our 3X ETH/USD LP rewards program. All liquidity providers have been send SYN in the two transactions linked below. The second round will be identical to the first round detailed here with a guide on how to join. In short it will evenly reward 500,000 SYN to all 3X ETH/USD pair liquidity providers over the next 21 days, based on the amount of ETH deposited(in shares) and length of time provided. In the end round 1 rewarded ~36.7 SYN per ETH per day. Please note the rate will not be the same for round 2 as it is calculated at the end of the 21 day period.

Round 1 LP rewards transactions:

0x8724571b56a494de8b9569aa78f7da806fc32a7ac6cc5fbc2247500437c81dbe

0xc88415e1d8df2da8ead6f8a168fd981df72a25d8f68e342eb6fc927b6316eae4

Follow us on twitter @SynLevDefi and join our telegram group t.me/synlev for the latest updates.

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SynLev

Defi Synthetic Leveraged token ecosystem built on Ethereum and Chainlink oracles