FAQ

Are there any fees or charges associated with the Launchpad?

Currently, during our launch promotional period, you will not be charged any fees.

How will the funds deposited into the Launchpad be used?

The assets in the Launchpad will be utilized for trading corresponding asset pairs and for liquidity provision on SynFutures.

How do I deposit funds into and withdraw funds from the Launchpad?

Depositing and withdrawing from the Launchpad is a straightforward process. Start by visiting the Launchpad page at https://oyster.synfutures.com/#/launchpad/base/ to view all available projects. Select a specific project to access its details. On the details page, simply enter the amount you wish to deposit or withdraw in the designated field on the right side.

Please note that deposits must be made directly from your wallet and cannot be transferred from your SynFutures account.

How long does it typically take for me to receive my withdrawal from the Launchpad?

Withdrawals from the Launchpad are usually processed immediately if the idle funds can cover the requested amount. If not, your withdrawal will be marked as "Pending", which may take up to 24 hours to process. In extreme market conditions, this timeframe may be extended based on the size of your withdrawal relative to the overall deposit and market liquidity.

What risks should I be aware of?

Derivatives trading carries inherent risks, and you could potentially lose your entire principal investment. Although professional strategies and risk management practices are employed, market volatility can still affect your returns. We recommend investing only what you can afford to lose and staying informed about the risks involved in DeFi and derivatives trading.

Can I deposit into the Launchpad using Externally Owned Accounts (EOAs) and smart contract wallets?

Yes, you can deposit into the Launchpad using an EOA (such as a regular cryptocurrency wallet) or a smart contract wallet. Both wallets are supported and can be used to participate in the Launchpad.

Is the Launchpad deployed on Base only?

Currently, the Perp Launchpad is deployed and operating solely on Base. However, there are plans to expand the Perp Launchpad to other networks at a later stage.