Synapse Investor Protection Program First Rundown.

It has been a while since the introduction of the IPP, and we at Synapse Network wish to go over some of the events that happened in the market during this period of time.

The introduction of the Investor Protector Program during the last few phases of this bear market has been necessary to create a safer environment for the Synapse userbase that is still looking to build up its finance during this period of turmoil.

As many veteran investors are aware, the crypto winter is a risky, yet profitable period for people able to sidestep the issues of a low tide market, while also implementing smart strategies to build up their portfolio.

And we know that Synapse, with its strict vetting process and the many safeguards put in to specifically protect our community, is a very interesting option for anyone looking for low-risk plays in a market that doesn’t allow for many mistakes, thus putting us in a very sought after position in the market.

This position can and will change if we, as a business ourselves, fail to live up to the expectation of our community, and this is exactly why the IPP was such a huge deal for us and our users.

But with the latest signals from the market, a new BTC and ETH uptrend that nobody knows how long will last, and the general feeling of the crypto world before the soon-to-be coming Ethereum merge, we felt the need to remember our userbase to act with caution, as we are still in a period of the year which historically hasn’t done that well, and that while the IPP is a strong safety net, it doesn’t fully cover the tokens you have already claimed in case of a refund.

As usual, if you have had faith in our program and you decided to hold your tokens, in case of the events that would lead us to issue a refund you will get back 100% of your investment while if you claim and utilize your tokens, the refund percentage will differ depending on the amount claimed.

If you are unaware of the details of our Investor Protection Program, we have an in-depth explanation here on our Medium page, which you can always check to know what’s happening within Synapse.

Examples For Project Refunds:

If project “X” is eligible for a refund, the various investors that claimed their tokens according to the vesting rules will get a refund, minus the amount they claimed.

People who did not claim any tokens will get a 100% refund due to the fact that all of their liquidity was held.

We remember everyone that another factor to be considered during the issuing of a refund is the token price of the Launchpad Project you are interested in.

Synapse decided to add another layer of protection to the Program, by ensuring that subpar launches wouldn’t hurt our community members, with each new team coming to the launchpad being required to maintain their project Token Price above IDO levels until at least 41% of the IDO tokens have been distributed, or for a time period of 7 days from their listing.

The Synapse team has developed this program with the intention to safeguard all of our community, and we suggest that for minimum risk and maximum efficiency after a project has begun its journey on the Synapse Launchpad, users that have invested in the project observe its trajectory before manoeuvring their liquidity, to take advantage of the refund-price drop rule that we have added to the IPP.

This is simply due to the fact that while a project may not meet the necessary requirements to stay on our launchpad, and thus makes our investors eligible for a refund, very rarely this will happen due to events of catastrophic nature, meaning that the tokens claimed will still have their uses in regards to features offered by the project itself, leaving your with the choice to get your guaranteed money back or stick with the project you supported.

As our long-time users already know, we pride ourselves on the value given by our features, and our partners, to our community, meaning that in the rare cases in which a refund is issued, it will probably be because of projects that are no longer able to meet our standards of quality.

As of now, this iteration of the IPP is the best it can be, specifically in regards to investors’ safety, and launchpad safety, but, like any of our other features, we will keep polishing and improving it basing our decision on multiple factors, ranging from the feedback given by our community members to the various changes that the crypto market is always going through.

We are always looking to make our ecosystem better, so feel free to leave us a comment here on Twitter, or on our Telegram channel, from which you will also be able to check all the updates that the Synapse Network is going to release, and never miss any of the opportunities we provide.

About Synapse Network

Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.

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