Final Round of Testnet with our new UI

According to feedback from users of the previous testnet, the UI is not so satisfying, so we redesigned our UI. The last round of testnet trading competition will be held to test our new UI, all participants are welcomed to make suggestions.

After testnet, mainnet will be launched soon.

https://sypool.io/

🟢Start at Dec. 3rd 9 AM UTC. Last for 5 weeks

🔴Close at Jan. 7th, 2022 9 AM UTC

💸Prize: Total 200,000 SYP after doubled!

100,000 SYP in two parts, 50,000 base rewards and 50,000bonus 🐳

If you are a hodler and have at least 1,000 SYP before the competition, we will double your rewards at the end of competition to express our gratitude to supporters.

Fill out the form to show your SYP. 😉 Btw, make sure you still have your SYP when you claim rewards.

Form: https://forms.gle/pUtgnvBFB9jCnhtFA

💵50,000 SYP base rewards will be given to top 2000. The distribution is as follows:

💰A total of 50,000 SYP bonus will be distributed through weeks:

Week one: 5,000 SYP

Those with a PNL(%) of 2%+ will be given 50 SYP per person according to the ranking, until the reward is fully distributed. The unfinished part will be added to the prize pool of the last week.

For example, there are 110 users whose rate of return is above 2%, then, only the top 100 out of 110 can get the reward. If the are only 50 users above 2%, then each of them can get 50 SYP, 2,500 in total, the rest 2,500 will be added to the prize pool of the last week.

Week two: 5,000 SYP

Those with a PNL(%) of 5%+ will be given 100 SYP per person according to the ranking, until the reward is fully distributed. The unfinished part will be added to the prize pool of the last week.

Week three: 10,000 SYP

Those with a PNL(%) of 10%+ will be given 250 SYP per person according to the ranking, until the reward is fully distributed. The unfinished part will be added to the prize pool of the last week.

Week four: 10,000 SYP

Those with a PNL(%) of 20%+ will be given 400 SYP per person according to the ranking, until the reward is fully distributed. The unfinished part will be added to the prize pool of the last week.

Week five: 20,000 SYP (Plus the rewards that have not been distributed in the previous weeks) 🤔“May be the prize will be above 40,000 $SYP roughly” 🦑(Tribute to Squid Game)

🏆Top 10 in the leaderboard are able to share the prize.

Rank 1: 35% of the prize pool

Rank 2: 20% of the prize pool

Rank 3: 10% of the prize pool

Rank 4 to 10: 5% of the prize pool

Rules:

Mint/Burn & Hodl SAP & Stake SYP to gain your profit.

Use your strategies to select pools and mint their SAPs.

Try your best to reach the top of the leaderboard.

Note: All transactions will be recorded on chain. If one want to cheat by transfering devnet tokens from multiple wallets to one wallet, he will be disqualified from the competition.

Tutorial:

1. Click Genesis to enter testnet

2. CONNECT WALLET to see all pools

Note: only sollet is accepted this time.

3. Get test tokens.

Enter my investment, click CLAIM USDC TOKENS and CLAIM SYP TOKENS to get test tokens.

Do not forget to get devnet SOL for gas. Select devnet in sollet and click REQUEST AIRDROP to get devnet SOL.

4. Back to pools, select one, read description and MINT SAP , click MINT NOW to get your SAP, first approve to create SAP token address. Also you can mint in Investment section.

5. Enter the Investment section to view your assets

6. You can enter burn section and BURN NOW your SAP to get back tokens.

7. Click STAKING to enter staking section, click STAKING NOW to stake your test SYP tokens

Note: TRADE, FARM and VESTING function will not be available until we launch mainnet.

“There are not so many asset management protocols similar to ours in the industry. Since there is nothing to refer to, we have to explore codes by ourselves. We must ensure that we are perfectly safe, so we had an ample testnet period.” — — Jackson says.

📟If you want to know more about Sypool, follow us on Twitter, join us on Telegram, join us on discord.

Sypool is a synthetic asset management protocol.This is another innovation that we have migrated finance from off-chain to on-chain.