SynFutures (F)
One of the distinctive features of SynFutures is its permissionless listing mechanism. This allows users to create and list any trading pair without seeking approval from a centralized authority. This democratizes the listing process and enables a wide variety of synthetic assets to be traded on the platform.
SynFutures overview
| Ticker | F |
| Website | https://www.synfutures.com/ |
| @SynFuturesDefi | |
| Telegram | synfutures_Defi |
| Contract Addresses | |
|---|---|
| ethereum | 0x6e15a54b5ecac17e58dadeddbe8506a7560252f9 |
| base | 0x2c24497d4086490e7ead87cc12597fb50c2e6ed6 |
Automated market maker (AMM) model
SynFutures utilizes an automated market maker (AMM) model, similar to popular DeFi platforms like Uniswap. This model allows users to trade assets directly from liquidity pools rather than relying on a traditional order book. The AMM model facilitates seamless trading experiences and ensures liquidity for traders.
Cross-margin trading
The platform supports cross-margin trading, allowing users to leverage their positions across multiple trading pairs. This feature provides traders with enhanced capital efficiency and the ability to manage their risk more effectively.
Synthetic asset creation
SynFutures enables the creation of synthetic assets, which are tokenized representations of real-world or digital assets. Users can create and trade synthetic versions of commodities, stocks, indices, and more, expanding the range of tradable assets within the DeFi ecosystem.
Smart contract architecture
SynFutures employs a robust smart contract architecture that automates various aspects of the trading process. These smart contracts handle the execution of trades, the management of liquidity pools, and the creation of synthetic assets. The openness and transparency of smart contracts provide users with confidence in the platform's operations.
Oracle integration
To ensure accurate pricing of synthetic assets and derivatives, SynFutures integrates with trusted oracle solutions. Oracles provide real-time price feeds from external data sources, ensuring that the synthetic assets on the platform reflect accurate market conditions.
Governance and staking
SYF token holders have a say in the governance of the platform, allowing them to propose and vote on changes to the protocol. Additionally, users can stake their SYF tokens to earn rewards and participate in the network's security and operations.
Incentives and rewards
The platform uses SYF tokens to create incentives for liquidity providers and traders. By providing liquidity to the platform, users can earn SYF tokens as a reward, encouraging active participation and ensuring the availability of liquidity for trading.