SynFutures announced the establishment of a foundation and the launch of token F, with a TGE and airdrop scheduled to take place soon

ChainCatcher news, SynFutures announced the establishment of the SynFutures Foundation and the launch of its native token F, with details on the airdrop and TGE date to be announced soon. The SynFutures Foundation will focus on promoting the long-term development of the protocol and achieving collective decision-making through community governance proposals. The F token will be allocated to the community, early supporters and advisors, the foundation treasury, core contributors, protocol development, and liquidity support. In addition to governance voting rights, holders will enjoy benefits such as fee rebates, staking rewards, and enhanced rewards for the second quarter airdrop.

In addition, SynFutures announced the tokenomics, with a total supply of 10 billion F tokens, 28.5% allocated to the community, 23.5% allocated to early supporters and advisors, 15% allocated to the foundation, 15% allocated to subsequent protocol development, and 3% allocated to liquidity.