Synthr is a synthetic asset protocol, using @LayerZero_Labs technology, to mint & trade on-chain derivatives of various financial assets
The incentivized testnet is now public & allows you to accumulate syCREDIT
⏳Est. time : 15min / 🪂 Free
Before going any further, let's answer your main question... Yes, an airdrop is confirmed 🪂
It's on the Withepaper. Here is what you will find on page 11 of the WP, in tokenomics section 👇
Before going any further, let's answer your main question... Yes, an airdrop is confirmed 🪂
It's on the Withepaper. Here is what you will find on page 11 of the WP, in tokenomics section 👇
For this testnet, you need to register your wallet
🔸Join Synth discord: https://discord.gg/aZJMPj2f2B
🔸Register your wallet in the Testnet > Register channel
↪️Here's my invitation code to get extra rewards: 404773525401108520
Get your referral on discord
↪️You earn 20% of the base rewards earned by your referred users
↪️Your referred users receive referee rewards in addition to their base rewards for initial transactions
𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧
By using Synthr testnet, you will receive syCREDITS 🎁 The more you test, the more syCREDITS you receive ! So don't hesitate to repeat the operations we're about to see, as often as necessary..
A Leaderboard is avalaible here: https://synthr.io/sycredits
🔶 FAUCET
🔸Claim Arbitrum Sepolia ETH, this faucet works perfectly: https://faucet.quicknode.com/arbitrum/sepolia/
🔸Connect your wallet to : https://mvp.synthr.io
🔸Go to FAUCET section
🔸Request USDC, USDT, wETH on Arbitrum Sepolia
We're now going to use all Synthr Defi's features
Having the OG role on discord, I have been able to use the testnet for several months. It has been perfectly improved over time to make it user friendly. Just follow the steps on the main page
1️⃣ Add Collateral / Mint syUSD
🔸Press "Add Collateral" tab
🔸Add any currency in any chain as a collateral
🔸Then Press "Proceed to mint
🔸Mint some syUSD
syUSD cross chain swap
🔸Go to the swap tab
🔸On the swap page you can swap syUSD to any syAsset of choice (For example here, you can swap syUSD from Arbitrum Sepolia to syAVAX on Fuji)
🔸Select any amount, press "SWAP" and confirm the transaction with Metamask
Bridge
🔸Go to the bridge tab
🔸Bridge any assets from and to different chains (Example Below)
🔸You can bridge any amount
Burn
🔸Go to the Burn tab
🔸Click on any syAsset (i.e our syUSD on Arbitrum)
🔸Select a value (i.e 50%)
🔸Press "BURN" & confirm the transaction
Withdraw / Liquidation
🔸Go back to https://mvp.synthr.io/staking
🔸Open the Withdraw collateral tab
🔸Withdraw collateral in any chain
🔸Then go to "Liquidation"
🔸Choose any open position and press "Flag for liquidation"
Now you know how to use all of Synthr's functions.
Hope this thread was helpfull.
Complete zealy quest
Join us on telegram to not miss any airdrops hunt : http://t.me/cryptonaito