SynFutures V1 🔥Closed Alpha🔥 is OPEN now (with a 2021 roadmap)

SynFutures V1 🔥Closed Alpha🔥 is OPEN now (with 2021 roadmap)

The wait is over

Trade Futures. Anything. Anytime.

SynFutures is excited to officially launch the 🔥Closed Alpha🔥 for our freshly-designed decentralized futures exchange. Participants are limited — get early access HERE to be in the first batch of early community members to support us and gain potential advantages in future campaigns.

Key features:

  • ⌚️List any asset within 30 seconds: Want to hedge some hot tokens but can’t find their corresponding derivatives in the DeFi or CeFi worlds? Then have no fear — list them on SynFutures in 30 seconds (literally)!
  • 💰Single-token LP: You can use one token to provide liquidity with a single click;
  • ✔️Straightforward UI: Similar to the democratized experience of swapping on Uniswap, we make trading futures intuitively engaging, even for beginners;
  • Multichain deployment: The Closed Alpha is offered on both Ethereum Mainnet and Polygon, so that both DeFi “city dwellers” and “suburban residents” can take the hustle-free ride;
  • 🔑Risk management and safety: Backed by solid experience from the TradFi financial engineering and DeFi protocol safety, SynFutures has many risk management features (e.g. anti-flashloan attack, EMA smoothing method, etc.) and has gone through external code audits.

A Roadmap

SynFutures would also like to take this chance to update the community on our roadmap for the next couple of months. In fact, a lot of the work has already been started, even before the 🔥Closed Alpha🔥.

The first step is our product upgrade. SynFutures V2 is already under development for launch in Q3, which will bring a shared-margin futures design for traders/hedgers, the first on-chain futures renewal tool, a new AMM model to enhance capital efficiency, and a Pro UI catering to trading veterans.

SynFutures V3 is in its design phase and scheduled for a tentative launch in Q4, introducing powerful cross-margin futures which would further boost capital efficiency for both traders and LPs. We will also build an institutional-grade auto hedging tool for every LP to mitigate Impermanent Loss with one click.

We believe the future of DeFi users/volumes/liquidity will be multi-chain, similar to how cities and suburbs are connected. Our deployment strategy is clear — following the 🔥Closed Alpha🔥, a full-scale V1 launch will be live on Ethereum’s Mainnet and Polygon in July. Arbitrum and other networks may be shortly added to the list, after they complete a stringent internal safety review.

Closed Alpha FAQ

  1. What is the purpose of Closed Alpha?
    The Closed Alpha is an early testing period with a limited number of users (traders, LPs). SynFutures values users’ genuine experience and feedback which helps us build a better DeFi derivative infrastructure.
  2. Will my margin/position/LP token continue to exist after Closed Alpha?
    Yes. While the number of Closed Alpha participants are limited, SynFutures has already deployed V1 contracts whose address will remain unchanged in full-scale launch. All outstanding margin/position/LP tokens will be automatically carried over if there are any UI updates. Feel free to enter into long-dated futures.
  3. How do I provide feedback or report a bug to the dev team?
    SynFutures dev team is reachable through all of the above community channels. Alternatively, you can also send an email to info@synfutures.com.
  4. How will the dev team use my feedback and proposals?
    Your feedback and proposals are valuable to the development of SynFutures, especially since you’re a part of the early users. Good feedback and proposals may also be entitled to advantages in future incentive program(s).
  5. Is there a governance or utility token required to participate?
    No. Currently, SynFutures has not yet launched any governance or utility tokens.
  6. Where can I get help during Closed Alpha?
    SynFutures has a dedicated support team available in the community channels (see below) in case assistance is needed during this period.

Join our community!👪

Please visit our website at www.synfutures.com or join discussions on Medium / Twitter / Telegram / Discord.