Crypto
KuCoin, a leading cryptocurrency exchange, has introduced SYNTHR (SYNTH) to its GemPool, allowing users to farm tokens by staking KCS or USDT. The campaign is active from January 8 to January 14, 2025, and is particularly beneficial for new users who register after January 7, 2025, at 16:00 UTC and complete KYC verification.
The total reward pool for this staking campaign is 4,347,826 SYNTH tokens, divided into two pools. The KCS pool contains 3,900,000 SYNTH tokens, while the USDT pool, exclusively for new users, has 447,826 SYNTH tokens.
Participants can enhance their rewards through two bonus programs. Completing a quiz with all correct answers earns a 10% bonus. Additionally, KuCoin VIP users can receive bonuses based on their VIP level, ranging from 10% for levels 1–4 to 20% for levels 8–12.
Daily rewards will be calculated based on the average staked balances, and users can start claiming tokens on January 9, 2025. SYNTHR aims to improve cross-chain liquidity using advanced technologies like pull and push oracles and a zero-slippage omnichain liquidity layer, creating a secure transaction environment.
However, users from certain restricted regions, including the United States, Canada (Ontario), and China, are not eligible to participate. Users must stake tokens in one pool at a time but can switch pools during the campaign.
