SynFutures is thrilled to announce our integration with Cygnus Finance, the first native stablecoin protocol on the Base chain. Our projects will work together to boost the wcgUSD/USDC perp market and expand DeFi trading opportunities for users across both communities.
Users can trade wcgUSD/USDC with up to 10x leverage and receive a 50x Oyster Odyssey (O_O) boost for 2 weeks and an ongoing 10x boost.
The leading stablecoin protocol on the Base chain, Cygnus Finance leverages short-term US Treasury Bills as collateral to issue cgUSD, an interest-bearing stablecoin. Users can mint cgUSD using assets from the multi-chain ecosystem. Through a rebase mechanism, cgUSD distributes the full interest returns from US Treasury Bills directly on-chain, increasing user balances. The total issuance of cgUSD aligns with the net value of its asset portfolio — including on-chain stablecoins, the market value of US Treasury Bills, and interest — every New York banking day, maintaining a 1:1 redemption ratio of cgUSD to USDC.
Follow SynFutures and Cygnus Finance on X to stay updated on future campaigns.
About SynFutures
SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and Permissionless Onchain Orderbook. Backed by top investors like Pantera, Polychain, Standard Crypto, Hashkey, and more, SynFutures has processed more than $100 billion in trading volume since its launch in 2021.
Learn more:
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About Cygnus Finance
Cygnus aims to build the endgame of real yield. It aggregates real yield opportunities across the EVM & non-EVM systems to provide users with secure and sustainable returns. It is a top protocol on BASE and TON with TVL over $60m, backed by industry pioneers such as OKX Ventures and Susquehanna International Group.
Learn more: https://linktr.ee/CygnusFi