Synthr Airdrop

Synthr Airdrop Guide | https://synthr.io/

Synthr Overview

Synthr is an omnichain liquidity protocol. Allowing for slippage free cross chain swaps and perpetuals, among other things.

They have a point system and leaderboard; each transaction you perform on the testnet gives you syCREDITS - which we believe will translate to an airdrop when the platform launches fully.

Guide:

1. Access the testnet by going to https://mvp.synthr.io/ and connecting your wallet (e.g. Metamask). You will be directed to their Discord during this process and be required to register your EVM wallet address (0x…) with their Discord bot. This is to track your points. During the wallet registering, you can input the referral code 179943251896303616 to get referee rewards.
2. Add the testnet chains to your wallet: Arbitrum Sepolia - https://chainlist.org/chain/421614 Avalanche Fuji - https://chainlist.org/chain/43113 BNB Testnet - https://chainlist.org/chain/97 Matic Mumbai - https://chainlist.org/chain/80001
3. Get ETH on testnet chains: https://www.alchemy.com/faucets You will need a free Alchemy account to claim, but you will be able to easily get ETH on a variety of chains, so it’s worth signing up.
4. Get testnet coins from Synthr’s faucet: https://mvp.synthr.io/faucets (they are testnet tokens and have no real world value).
5. Add Collateral via https://mvp.synthr.io/staking - select the chain and token you received from the faucet and add your collateral - you will need to allow a spending limit for coins like USDC and USDT.
6. Mint sy tokens using your collateral. Select a collateralization ratio (200% recommended); select your destination chain; and mint your syUSD tokens.
7. Perform various tasks with your testnet tokens. Swap on one chain (e.g. syUSD on Sepolia to syAVAX on Sepolia), or cross-chain. Burn tokens. Bridge tokens. etc etc… All your transactions will be counted and reflected on the Home page of the site (https://mvp.synthr.io/) - these numbers update every few minutes, and are not instant. After certain numbers of transactions, boosts are applied.

Notes:

1. Because all transactions are happening on testnet, you do not need to worry about fees, and it is more efficient to do smaller transactions (e.g. Burning 1 syUSD at a time, rather than 100% of your tokens, requiring you to refill your account).
2. Arbitrum Sepolia is efficient and it seems to be the fastest of the four testnets on the platform - we recommend using this as your main chain for transactions.
3. You can also join the Zealy page and complete tasks (like Tweeting) for additional points - link found on the scrolling bar of their platform: https://mvp.synthr.io/
4. Video guides for set-up are found here: https://synthr.gitbook.io/home/testnet-guide