SynFutures F Token Airdrop Summary Analysis

On December 6, 2024, SynFutures launched the F Token airdrop to reward early community members and contributors. The SynFutures Foundation launched this program to thank users who helped build and grow the protocol.

• Total Allocation: 750,000,000 F tokens (constituting 7.5% of the total supply).

• Claim Period: December 6, 2024, to March 6, 2025.

• Networks for Claim: Ethereum Mainnet and Base.

• Airdrop Unlock: 100% unlocked immediately.

This airdrop is the first in a series, with additional community rewards planned for Season 2.

Token Value Analysis

The F token price ranged between $0.06 and $0.10 during the initial claim period. Here’s what the claims look like in dollar value:

1. Minimum Claim: Users who bagged the smallest allocation (15,000 tokens) received rewards worth anywhere between $900 and $1,500.
2. Maximum Claim: Users with the largest allocation (997,025 tokens) received rewards with values ranging between $59,800 and $99,700.
3. Average Claim: With an average claim of 56,584 tokens, participants received between $3,390 and $5,650.
4. Median Claim: The median allocation of 22,145 tokens was valued between $1,330 and $2,210.

Airdrop Criteria and Distribution

The airdrop was designed to reward participants who contributed significantly to the SynFutures ecosystem, including:

• Protocol Usage: Users trading or providing liquidity on SynFutures v1, v2, and v3.
• Oyster Odyssey Campaign: Activity during this campaign (March to November 2024) was the primary factor for allocations.
• Community Involvement: Active engagement in SynFutures’ social channels, participation in competitions, and leaderboard rankings.
• Long-Term Engagement Bonus: Addresses that interacted across multiple protocol versions (e.g., v1 and v3) or showed frequent activity received additional rewards.

Exclusions

To ensure fairness, 153,589 addresses were excluded from the airdrop due to:

• Core contributor and developer accounts.
• Involvement in in suspicious activities such as wash trading, Sybil attacks, or malicious behavior.

This approach increased the average claim size for genuine, active participants.

Looking Ahead

SynFutures has announced plans for a Season 2 Airdrop, similar to the Oyster Odyssey campaign. You may be able to boost your Season 2 incentives by staking F tokens and engaging further with the ecosystem. The project will reveal more details in the coming months.