- SYNTHR tokens are now available for farming on KuCoin’s GemPool.
- New users registering after January 7 get exclusive access to the USDT pool.
- Farming starts on January 8, and SYNTH trading begins on January 14.
Prominent crypto exchange KuCoin has announced the addition of SYNTHR (SYNTH) to its GemPool, offering users the chance to farm tokens by staking KCS or USDT.
The campaign runs from January 8 at 12:00 UTC to January 14, 2025. It provides exclusive opportunities for new users who register after 16:00 UTC on January 7, 2025, and complete KYC verification.
The staking campaign has a total reward pool of 4,347,826 SYNTH tokens, split between two pools. The KCS pool offers 3,900,000 SYNTH tokens, while the USDT pool, reserved for new users, offers 447,826 SYNTH tokens.
Bonuses for Participants
Participants can increase their rewards through two bonus programs. Those who complete a campaign quiz with all correct answers get a 10% bonus.
In addition, KuCoin VIP users can earn exclusive bonuses based on their VIP level, with benefits that range from 10% for VIP levels 1–4 to 20% for VIP levels 8–12.
KuCoin will calculate daily rewards based on users’ hourly average staked balances. Users can claim tokens daily starting January 9, 2025.
For those unfamiliar with SYNTHR, it is designed to revolutionize cross-chain liquidity through advanced technologies, including pull and push oracles, a zero-slippage omnichain liquidity layer, and independent consensus systems. These features allow SYNTHR to create a secure, seamless transaction environment at theoretical performance limits.
However, KuCoin users from certain restricted regions, including the United States, Canada (Ontario), and China, cannot participate. Also, users must stake tokens in only one pool at a time, but they can unstake and switch pools as needed during the campaign period.
The trading of SYNTHR (SYNTH) on KuCoin will commence on January 14, 2025, at 12:00 UTC, following the conclusion of the GemPool campaign. Other similar listings by KuCoin in recent times are Clay Tokens and Sonic SVM.
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