Synthetic launched its new Perps Optimism Trading Incentives program, which is based on SIP-2003. As part of the program, up to 300,000 weekly OP will be awarded to traders.
The Synthetix Perps Optimism Trading Incentive Program is aimed at encouraging activity on Optimism and increasing liquidity for Synthetix Perps.
As per the official announcement, up to 300,000 OP tokens will be awarded weekly to traders of Synthetix Perps across any integration partners starting 19 April. The rewards will be distributed over 20 weeks, with a ramp-up of three weeks. About 50,000 tokens will be distributed in the first week, while 100,000 and 200,000 will be distributed during weeks 2-3, and weeks 4-20, respectively.network usage might see an improvement in the coming days. This could also help improve Synthetix’s on-chain performance. Let’s not forget, its daily active users were on a decline.
Positive sentiment around SNX also spiked at the same time, suggesting that investors were confident in the token.
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