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The Syndicate – Buy Cryptocurrency at upto 50% Discount on

Users on exchange can enjoy upto 50% discount to purchase the crypto asset to be listed under a The Syndicate event.

I have been an avid fan of and we have done several articles on the products they offer. In this article we will look at “The Syndicate” program of exchange.

What is The Syndicate? like any other crypto exchange lists new tokens for trading continually. Many crypto exchanges charge a listing fee from projects, while doesn’t. Instead, they implement an innovative way to allow listing of new tokens and immediately help projects raise capital they need to keep building and advancing their infrastructure. This program is called “The Syndicate”.

The listing project provides allocation of their token for sale to Exchange users with a discount of upto 50%. For example, if XYZ token is listing on under the syndicate, they will allocate tokens for exchange users to buy at 25% or 50% discount. passes all the sale proceeds to the projects. This way, the project gets all the benefits from like staking, using their tokens for payments, token lending to earn interest on the tokens, etc.

Exchange Users Buy Tokens at Attractive Discount

All exchange users can participate in the syndicate and enjoy the discounts. But there are a few conditions.

  • Users need to stake CRO tokens in order to be eligible for participating in the syndicate.
  • Users can only purchase the discounted tokens with’s native token CRO.
  • The maximum amount of tokens a user can purchase is limited to how many CRO tokens are staked by the user.
Maximum Allocation of Project Tokens will depend on CRO Staked

In case of over-subscription – If the total pledged amount is above the total project allocation, the user will receive a prorated amount based on the pledged amount.

Formula for calculating prorated amount of tokens on the pledged amount of CRO

How to Participate in The Syndicate exchange users can see the on-going or upcoming event along with past events on The Syndicate page of the exchange.

The process of participating in The Syndicate is divided in three stages.

  1. Stake CRO tokens for six months. Receive 20% interest per year on staked CRO.
  2. Subscribe to on going Syndicate.
  3. Claim The Syndicate Tokens.

We will review each process separately. If you have already staked CRO on exchange, you can skip this section.

Stake CRO tokens

To participate in the Syndicate and enjoy discounted purchase, user must stake the native CRO tokens. The eligibility amount for participation depends on the amount of staked CRO tokens as shown before.

Here’s how to stake CRO on Exchange:

  1. Login/Sign up on and click on Stake & Earn on the menu bar.
  2. On the staking page click Stake CRO to receive full benefits.
  3. A new window opens, enter the CRO amount to stake and click Review Staking. Minimum 10000 required to be eligible to participate in most Syndicate events.
  4. Verify the amount, duration (180 days) and APR (20%) and Confirm To Stake.
Staking CRO on Exchange

The CRO tokens are staked at 20% interest per year for 180 days and user is now eligible to participate in The Syndicate.

Subscribe to The Syndicate opens the subscription for 24 hours and allows another 24 hours to accept or reject the final allocation.

Here’s how you can subscribe to the on-going Syndicate event.

  1. Login/Sign up on and click on “The Syndicate” from top menu.
  2. Click on the Ongoing Syndicate and click Subscribe Now.
  3. A new window opens, enter the CRO amount to subscribe and click Review Subscription. Max allocation limit depends on the total CRO staked.
  4. Verify the amount Confirm To Subscribe.
Participating in on-going Syndicate Event
Participating in on-going Syndicate Event – Subscription

Users can subscribe with more tokens within the subscription period.

Claim or Reject The Syndicate Tokens

Once the subscription period is over, exchange will take 24 hours to calculate final allocation. The final allocation will be calculated based on the below formula.

Formula for calculating prorated amount of tokens on the pledged amount of CRO

If the final allocation is less than the subscribed amount, in other words, if the event is oversubscribed, the remaining unsold CRO tokens are returned.

For example, at the current price with discount, User will receive 2 syndicate project tokens for every CRO used to subscribe to the event.

If the allocation of the project is 1 million tokens but there is a total subscription of 5 Million CRO tokens, it means only 500k CRO will be used for buying project tokens.

Lets say we have subscribed with 10000 tokens, so

User Final Allocation = 10000/5000000 * 1000000 = 2000.

The user will have an option to accept 4000 Project tokens + 8000 CRO tokens back or reject the offer and get all 10000 CRO tokens back.

In case of the above example, we received an allocation of 135.55 ALGO and 7877.19 CRO were refunded. The Syndicate was oversubscribed by 65.1x.

Final Allocation for ALGO

Offer for New Users

All new users on receive 90 day fee free trading plus 2% Deposit bonus in CRO tokens. Use this link to create an account on app and receive $50 reward. Sign up on exchange using the app to benefit from both rewards.

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