Next week @Syndicateio is launching their token on Aerodrome, but voting for the pool will be live in just a few hours.
This is a new kind of launch that is community-first.
Here's how it will work 👇
This is a new kind of launch that is community-first.
Here's how it will work 👇
Today, 1% of the total fixed supply of $SYND is being deposited as voting incentives for the pool, but there will be no voting APR because the token has not been priced.
Upon epoch flip, voters will earn all $SYND incentives and have the opportunity to be the first to seed the $SYND pool on 9/17.
Upon epoch flip, voters will earn all $SYND incentives and have the opportunity to be the first to seed the $SYND pool on 9/17.
The community launch model is a unique opportunity for $veAERO voters to:
✅Direct emissions to an unpriced pool
✅Receive some of the 1st tokens in circulation
✅Allow market forces to set the token price
In 2023, $AERO launched following a similar playbook—fair, compliant distribution with the market in the driver's seat.
✅Direct emissions to an unpriced pool
✅Receive some of the 1st tokens in circulation
✅Allow market forces to set the token price
In 2023, $AERO launched following a similar playbook—fair, compliant distribution with the market in the driver's seat.
TL:DR the $SYND pool will be live with only incentives for voters and no liquidity. Emissions will flow next epoch.
You know what to do.
You know what to do.
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