Incentive Program

Rewarding Early Participants with XP

The Synnax XP mechanism is designed to recognize and reward early adopters and active participants in the ecosystem. By earning XP through key activities, users not only contribute to the growth of Synnax but also position themselves for future allocations of Syn (Synnax governance) token. Here’s how it works:

How to Earn XP

1. Minting syUSD

• Earn +2 XP per $100 minted daily.

• Active minters are rewarded for helping bootstrap the ecosystem.

2. Vault Staking (Coming Soon)

• Earn +5 XP per $100 staked daily.

• Staking rewards users who lock their syUSD to support the protocol’s stability and yield generation.

3. Liquidity Provision

• Earn +8 XP per $100 added daily to liquidity pools on Dragonswap or other supported platforms.

• Liquidity providers play a critical role in ensuring smooth trading and liquidity availability.

XP Multipliers for Early Users

• First Month Multiplier: All XP earned during the first month will receive a x3 multiplier.

• Future Multipliers: XP bonuses and multipliers for subsequent months will be defined to sustain engagement.

Why Earn XP?

1. Token Eligibility:

• The XP you accumulate will determine your share of the Synnax token allocation. Early and active users stand to gain the most.

2. Exclusive Rewards:

• Beyond airdrops, XP holders may gain access to governance privileges, early feature access, and additional bonuses in the ecosystem.

3. Community Recognition:

• XP reflects your contribution to the Synnax ecosystem, positioning you as a valued community member and early adopter.

Start Earning XP Today

Don’t miss the chance to be part of Synnax’s early journey. Mint syUSD, stake in vaults (coming soon), or provide liquidity to earn XP and secure your share in future token airdrops. Early contributions matter, and we’re here to reward those who help us grow.