Nurs
2 min readOct 16, 2021

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You are missing a gem

If you are really into crypto, as I am, you definitely don’t want to miss a SynFutures DeFi market. The ddea is very similar to Uniswap, where anyone can create a new spot trading pair, BUT SynFutures allows any liquidity provider to create digital assets Futures trading pairs with arbitrary assets and arbitrary expiration dates.

According to the 16/10/21 statistics (check out the screenshot) there are only 16k users for now, but be sure that the number will grow very fast. Just take a look to the SynFuture’s Strategic Investors: Polychain capital (DOT, ATOM, ICP, MINA), Pantera Capital (UNI,XRP,LUNA), Dragonfly Capital (AVAX, DYDX, ATOM), Bybit and many others.

Just think about it: SynFutures is the world’s first fully decentralized Hash Rate Futures. And they adopt Synthetic Automated Market Maker model, where the asset pricing follows a Constant Product Formula, while for liquidity provision, only one single asset of the trading pairs is required to be supplied.

And last, but not least. SY also introduces the concept of Automated Liquidator, who passively performs the role of the liquidator by providing liquidity only and earns trading fees.

Right now is the best time to start you journey on SynFutures. Be sure to visit their website and discord (they have some activities, which I harldy recommend to perform. You will thank me later).

Links:
https://www.synfutures.com/
https://discord.gg/8cpUYnF4rQ

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Nurs

Digital marketer specialized in crypto and blockchain technologies