{"id":66713,"date":"2022-09-05T19:07:58","date_gmt":"2022-09-05T16:07:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66713"},"modified":"2025-09-07T02:47:19","modified_gmt":"2025-09-06T23:47:19","slug":"symbiosis-finance-to-award-35000-sis-as-vesis-mainnet-launches","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/symbiosis-finance-to-award-35000-sis-as-vesis-mainnet-launches\/","title":{"rendered":"Symbiosis Finance to award 35,000 SIS as veSIS mainnet launches"},"content":{"rendered":"<p>The cross-chain liquidity protocol Symbiosis Finance has launched the veSIS network and announced a stakeholders competition with a total prize pool of 35,000 SIS.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Nice to meet you, where you been, I can show you incredible things \ud83c\udfb6<\/p>\n<p>We launched our veSIS Mainnet and to celebrate it we give you x2 chances to win some \ud83d\udcb0<\/p>\n<p>Read the news and rules here \ud83d\udc47<a href=\"https:\/\/t.co\/ycZtkI4ex5\">https:\/\/t.co\/ycZtkI4ex5<\/a> <a href=\"https:\/\/t.co\/P9Ssc2XDp7\">pic.twitter.com\/P9Ssc2XDp7<\/a><\/p>\n<p>\u2014 Symbiosis (@symbiosis_fi) <a href=\"https:\/\/twitter.com\/symbiosis_fi\/status\/1566770985860202498?ref_src=twsrc%5Etfw\">September 5, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Users will receive rewards for locking SIS tokens on a dedicated contract for a period of 1 month to 4 years.<\/p>\n<p>The prize depends on the stake size and the fee charged from liquidity pools owned by Symbiosis. Rewards accrue weekly. SIS tokens remain locked in the contract and can be withdrawn once the lock-up period ends.<\/p>\n<p>The contest will run from September 5 to September 18.<\/p>\n<p>Winner categories:<\/p>\n<ul class=\"wp-block-list\">\n<li>50 winners in the category \u201cup to 1000 SIS\u201d \u2014 50 SIS prize to each winner;<\/li>\n<li>25 winners in the category \u201cup to 2000 SIS\u201d \u2014 200 SIS;<\/li>\n<li>10 winners in the category \u201cup to 5000 SIS\u201d \u2014 650 SIS;<\/li>\n<li>4 winners in the category \u201cup to 10,000 SIS\u201d \u2014 1500 SIS;<\/li>\n<li>1 winner \u201cfrom 10,000 SIS to 50,000 SIS\u201d will receive a jackpot of 10,000 SIS.<\/li>\n<\/ul>\n<p>Winners are those who recorded the largest amount in the category.<\/p>\n<p>To participate in the contest you must:<\/p>\n<ul class=\"wp-block-list\">\n<li>log in to the Symbiosis Finance app;<\/li>\n<li><a href=\"https:\/\/www.publish0x.com\/symbiosis-finance-blog\/how-to-participate-in-vesis-testnet-xgjpyvq\">lock<\/a> at least 100 SIS for a term of not less than one year;<\/li>\n<li>The lock must remain valid until the end of the contest, September 18, 08:00 Kyiv time.<\/li>\n<\/ul>\n<p>Winners will be announced on September 19, and rewards will be distributed within 24 hours from that moment. The tokens will be issued to the addresses with locked coins.<\/p>\n<p>The Symbiosis Finance team will also randomly distribute an additional 5,000 SIS. To participate, retweet the news about the veSIS mainnet launch and tag three friends in the comments.<\/p>\n<p>In Q4 2022, the launch of the second version of the Symbiosis protocol v.2 is expected. It will feature a governance network, capital-efficient stablecoin pools, an expanded network of relayers, and much more.<\/p>\n<p>In August, Symbiosis Finance struck a <a href=\"https:\/\/forklog.com\/en\/news\/symbiosis-finance-signs-partnership-with-telos-blockchain\">partnership with the Telos blockchain<\/a>, which gave users access to scalable <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span> with low fees.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cross-chain liquidity protocol Symbiosis Finance has launched the veSIS mainnet and will run a competition for stakeholders with a total prize pool of 35,000 SIS.<\/p>\n","protected":false},"author":1,"featured_media":66714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1196,1289,1001,2134],"class_list":["post-66713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-competitions","tag-cryptocurrency-staking","tag-liquidity","tag-symbiosis-finance"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=66713"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66713\/revisions"}],"predecessor-version":[{"id":66715,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66713\/revisions\/66715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/66714"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=66713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=66713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=66713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}