🚀#2 - Synthswap
Zyberswap's second IDO: Synthswap
What is Synthswap?
Zyberswap is expanding to zkSync Era under new brand identity: Synthswap. This project will become a first Decentralized Exchange (DEX) with Concentrated Liquidity and Active Management of Liquidity on zkSync Era!
Official links
Official website: https://www.synthswap.io/
Documentation: https://docs.synthswap.io/
Twitter: https://twitter.com/synthswapio
Telegram: https://t.me/SynthswapOfficial
Discord: https://discord.gg/synthswap
Sale Details
Start: 24th of April 6PM UTC
End: 30th of April 6PM UTC
Target Raise Amount: 600 ETH
Sale Model: Capped
Accepted payment: ETH
Listing Price: 0.03 ETH
Platforms:
Synthswap: Raise in ETH on zkSync Era
Zyberswap: Raise in ETH on Arbitrum One
Discount: 10% for eligible $ZYB stakers (at least one of the following criteria):
Stake 250 ZYB in the 7-day Vault
Stake 150 ZYB in the 30-day Vault
Stake 100 ZYB in the 90-day Vault
Discount can be applied only on Zyberswap platform!
Claiming of tokens will be possible only on Synthswap (with the same wallet address).
Public Sale Model
The Public Sale will be divided into 3 phases.
If less than 600 ETH is raised, all users will be refunded with the same amount they have invested.
Listing Price is fixed at 0.03 ETH!
1st Phase - Raised Amount (0 ETH - 150 ETH)
Number of Available Tokens: 10,000
Price of $SYNTH: 0.015 ETH
Vesting: 20% TGE, 2 weeks cliff, 50% unlocked as SYNTH over 6 weeks and 30% as xSYNTH
Example: If you invest 1.5 ETH in this 1st Phase, you will get EXACTLY 100 $SYNTH tokens.
2nd Phase - Raised Amount (150 ETH - 350 ETH)
Number of Available Tokens: 10,000
Price of $SYNTH: 0.020 ETH
Vesting: 40% TGE, 2 week Cliff, 30% Unlocked as xSYNTH, 30% Linearly unlocked as Synth for 4 weeks
Example: If you invest 1.5 ETH in this 2nd Phase, you will get EXACTLY 75 $SYNTH tokens.
3rd Phase - Raised Amount (350 ETH - 600 ETH)
Number of Available Tokens: 10,000
Price of $SYNTH: 0.025 ETH
Vesting: 60% TGE, 2 week Cliff, 20% Unlocked as xSYNTH, 20% Linearly unlocked as Synth for 4 weeks
Example: If you invest 1.5 ETH in this 3rd Phase, you will get EXACTLY 60 $SYNTH tokens.
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