Algem <> SynStation have teamed up for a new partnership which maximizes the uses of nASTR for Algem EVM Liquid Stakers! We’re thrilled to announce that nASTR holders can now farm SynStation points, which will later be converted into SynStation native platform tokens.
What is SynStation:
SynStation is more than a prediction market—it’s a platform designed to reshape how fans engage with entertainment to give them the opportunity of predicting and interacting with the content they love. By blending DeFi with the world of entertainment, SynStation creates a space where fans, creators and traders can profit and engage in new ways.
SynStation has a vision to bridge entertainment and crypto while empowering fans to be a part of the entertainment they enjoy. Whether it’s betting on the next big K-pop sensation, predicting the outcome of an anime series, or engaging with e-sports events, SynStation provides a decentralized platform where engagement becomes immersive, interactive, and rewarding.
How to participate:
We’ve provided a short guide below explaining and walking you through the steps of how you can use nASTR to farm on SynStation and gain points:
Enter the promo code “algem” to access staking (after this, you can share your own referral code with friends or followers) for further rewards.
- Go to the Deposit tab, click on Stake, and deposit the desired amount
- Points will be credited in the Dashboard!
Attention: After you send tokens to the SynStation staking contract, you will not receive staking rewards directly on Algem! Staking rewards will be distributed after this nASTR farming campaign closes. The final end date will be announced on our socials to give you notice of when this will happen.
If you have any questions, please don’t hesitate to ask them in the Algem or SynStation community channels.
About Algem
Algem is a decentralized application built on the Astar Network and offers two main features: liquid staking and liquid farming. As their names suggest, these two options let ASTR holders keep their assets liquid while putting them to work. Also, the liquid staking and farming solutions let users use Algem’s liquid nASTR tokens across Astar’s Defi ecosystem to earn staking rewards and make more money. In doing so, Algem supports other Defi protocols by providing liquidity and creating a sustainable and cooperative ecosystem on the Astar Network and Polkadot.
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