We’re excited to reveal the SynFutures Vault on Base!
At SynFutures, we consistently pursue new avenues to boost our users’ trading experiences. With the launch of SynFutures Vault, we’re bringing new automated yield-generating opportunities to our growing community and users across the DeFi space.
What is the SynFutures Vault?
For traders new to DeFi or the broader Web3 space, learning to trade and take advantage of the various earning opportunities can be overwhelming. The Vault provides an intuitive, user-friendly interface that makes it easy for users to access and manage their funds, lowering the barrier to entry for participating in DeFi trading.
Users can deposit funds into these vaults, which third-party providers actively manage. The funds are leveraged to provide liquidity and execute trading strategies for the asset pairs associated with the margin token, optimizing users’ returns while prudently managing the underlying risks.
Why should I join the Vault?
Trading on any DeFi protocol requires time, energy, and strategy. By participating in the Vault, users can benefit from automated yield generation capabilities without the need to manage the trading operations and liquidity management themselves.
Other benefits include:
- Diversification: Individual vaults for select margin tokens allow users to diversify their liquidity provision across different assets, helping to reduce concentration risk in their portfolios.
- Flexible Deployment: Users can deposit and withdraw their funds as needed (outside of vault suspension statuses), enabling them to dynamically allocate capital based on their trading requirements and market conditions.
- Accessibility: The Vault provides an intuitive, user-friendly interface that makes it easy for users to access and manage their funds, lowering the barrier to entry for participating in DeFi trading.
- Scalability: As the SynFutures platform expands to support new margin tokens, the Vault can seamlessly accommodate these additions, allowing users to increase their exposure to the evolving DeFi ecosystem continually.
How can I participate?
Depositing into a vault is simple. On the vault’s dedicated page, enter the amount you want to deposit and click “Deposit.” By depositing, you earn a share of the vault’s profits or losses.
To access the vaults, go to https://oyster.synfutures.com/#/vault/base/.
Are there any risks or things to consider when joining the Vault?
Automated yield-generating trading strategies on any platform or protocol, including SynFutures, involve significant risk and may not be suitable for all investors. Market volatility can result in both positive and negative returns. Users should be aware of potential losses and be advised to carefully assess their financial situation and risk tolerance before using such strategies.
To help users determine the status of their trades, SynFutures Token Vaults can exist in one of four possible statuses:
UPCOMING
In the initial stage, all new token vaults allow users to deposit and withdraw funds anytime. Once the Launch Target is reached, the vaults transition to “LIVE” status.
LIVE
Vaults are actively generating yields, which can be positive or negative. Users can deposit and withdraw funds at any time.
Will the Vault expand to other chains?
The Vault will expand to more chains in future phases, reflecting SynFutures’ multichain expansion strategy.
Ready to launch with the SynFutures Vault? Visit https://oyster.synfutures.com/#/vault/base/ to learn more and start elevating your trading strategies!
Please note: Trading is inherently risky, and vaults’ past performance does not guarantee future returns.
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: