Synthetix
SNX
#104
Synthetic is a protocol for issuing and trading synthetic assets based on Ethereum. Synthetic assets, synthetic tokens or synth are RC20 tokens that track the price of an external assets. It consists of smart contracts and a set of incentives, the value of the network token also acts as collateral, for the production of a synthetic asset, a lock of the proportional value of SNX is required, which allows you to instantly convert between synthetic assets without the problems with liquidity and slippage that other decentralized exchanges. The resulting token network supports a wide range of use cases, including trading, loans, payments, money transfers, e-commerce, and more.
News about Synthetix
16 Jan 2024, 22:00
📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $1.03 billion
- Average Daily Volume: $147 million
- Lifetime Perps Volume: $43.29 billion
- Lifetime Fees: $33.94 million
Data from January 8th to January 15th.
Synthetix Perps Data Report:. - 7-Day Total Volume: $1. 03 billion. - Average Daily Volume: $147 million.📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $1.03 billion
- Average Daily Volume: $147 million
- Lifetime Perps Volume: $43.29 billion
- Lifetime Fees: $33.94 million
Data from January 8th to January 15th.
16 Jan 2024, 20:05
Urgent
Socket has experienced a security incident which affected wallets with infinite approvals to Socket contracts.
We have identified the issue & have paused the affected contracts.
We’re working on the situation & will keep you informed with regular updates & next steps.
Urgent. Socket has experienced a security incident which affected wallets with infinite approvals to Socket contracts.Urgent
Socket has experienced a security incident which affected wallets with infinite approvals to Socket contracts.
We have identified the issue & have paused the affected contracts.
We’re working on the situation & will keep you informed with regular updates & next steps.
13 Jan 2024, 04:42
We're in this together, congrats to the @synthetix_io ecosystem.
We're in this together, congrats to the @synthetix_io ecosystem.13 Jan 2024, 01:04
Kwenta is launching the first-ever Web5 platform. 😎
What is Web5? It's a game-changing blend of Web2's ease and Web3's security.
⛓️ Discover our 2024 roadmap and see our quick maths:
👉https://t.co/qQR1wFo743
Kwenta is launching the first-ever Web5 platform. What is Web5. It's a game-changing blend of Web2's ease and Web3's security.Kwenta is launching the first-ever Web5 platform. 😎
What is Web5? It's a game-changing blend of Web2's ease and Web3's security.
⛓️ Discover our 2024 roadmap and see our quick maths:
👉https://t.co/qQR1wFo743
12 Jan 2024, 21:07
I URGE ALL Anons/Spartans to read the latest @synthetix_io Quarterly Report!
This is a great catch up from Q4 2023
Highlights:
- Andromeda Release
- Tokenomics
- Synthetix Watcher Improvements
- OP Grant and RPGF updates
- Stats
- and much more!
I URGE ALL Anons/Spartans to read the latest @synthetix_io Quarterly Report. This is a great catch up from Q4 2023. Highlights:.I URGE ALL Anons/Spartans to read the latest @synthetix_io Quarterly Report!
This is a great catch up from Q4 2023
Highlights:
- Andromeda Release
- Tokenomics
- Synthetix Watcher Improvements
- OP Grant and RPGF updates
- Stats
- and much more!
12 Jan 2024, 20:21
DRUM ROLL PLEASE…the Quarterly Report is here!!
Check it out below to read all about what @synthetix_io has been up to these past few months 👇 #Q4
DRUM ROLL PLEASE…the Quarterly Report is here.DRUM ROLL PLEASE…the Quarterly Report is here!!
Check it out below to read all about what @synthetix_io has been up to these past few months 👇 #Q4
11 Jan 2024, 20:58
ICYMI: Here's a recap of the recent Synthetix Community Governance Call, in case you missed it during the holidays.
Highlights:
- Perps V2 surpasses 30m+ in fees delivered to stakers.
- Andromeda live on @base , with low LP caps.
- Perps V3 feature explainer.
Notes & 🧵 👇
ICYMI: Here's a recap of the recent Synthetix Community Governance Call, in case you missed it during the holidays. Highlights:.ICYMI: Here's a recap of the recent Synthetix Community Governance Call, in case you missed it during the holidays.
Highlights:
- Perps V2 surpasses 30m+ in fees delivered to stakers.
- Andromeda live on @base , with low LP caps.
- Perps V3 feature explainer.
Notes & 🧵 👇
11 Jan 2024, 02:22
⚔️ New episode of The @Edge_Pod on @synthetix_io V3
/DeFi_Dad/status/1745269962506211481?t=0 - Intro
/DeFi_Dad/status/1745269962506211481?t=344 - Success of OP Trading Incentives
/DeFi_Dad/status/1745269962506211481?t=562 - Synthetix dApps
/DeFi_Dad/status/1745269962506211481?t=631 - Andromeda explained
/DeFi_Dad/status/1745269962506211481?t=933 - Why Synthetix V3 is on @base
/DeFi_Dad/status/1745269962506211481?t=1194 - Thoughts on Solana
/DeFi_Dad/status/1745269962506211481?t=1577 - SNX buyback-and-burn
/DeFi_Dad/status/1745269962506211481?t=2104 - Perps on L1 for a…
New episode of The @Edge_Pod on @synthetix_io V3. /DeFi_Dad/status/1745269962506211481. t=0 - Intro.⚔️ New episode of The @Edge_Pod on @synthetix_io V3
/DeFi_Dad/status/1745269962506211481?t=0 - Intro
/DeFi_Dad/status/1745269962506211481?t=344 - Success of OP Trading Incentives
/DeFi_Dad/status/1745269962506211481?t=562 - Synthetix dApps
/DeFi_Dad/status/1745269962506211481?t=631 - Andromeda explained
/DeFi_Dad/status/1745269962506211481?t=933 - Why Synthetix V3 is on @base
/DeFi_Dad/status/1745269962506211481?t=1194 - Thoughts on Solana
/DeFi_Dad/status/1745269962506211481?t=1577 - SNX buyback-and-burn
/DeFi_Dad/status/1745269962506211481?t=2104 - Perps on L1 for a…
10 Jan 2024, 16:09
⚔️Spartans Assemble ⚔️
Excited to unveil native bridging of $SNX to @Base on Bungee!
Join the action for Perp V3:
Spartans Assemble. Excited to unveil native bridging of $SNX to @Base on Bungee. Join the action for Perp V3:.⚔️Spartans Assemble ⚔️
Excited to unveil native bridging of $SNX to @Base on Bungee!
Join the action for Perp V3: https://t.co/pQyG1K1Oto
09 Jan 2024, 21:54
Listen to the entire Liquid Conversations episode with @kaiynne and @princebilby live on the SNX YouTube.
👇
Listen to the entire Liquid Conversations episode with @kaiynne and @princebilby live on the SNX YouTube.Listen to the entire Liquid Conversations episode with @kaiynne and @princebilby live on the SNX YouTube.
👇
09 Jan 2024, 19:43
📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $721 million
- Average Daily Volume: $103 million
- Lifetime Perps Volume: $42.26 billion
- Lifetime Fees: $33.29 million
Data from January 1st to January 8th.
Synthetix Perps Data Report:. - 7-Day Total Volume: $721 million. - Average Daily Volume: $103 million.📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $721 million
- Average Daily Volume: $103 million
- Lifetime Perps Volume: $42.26 billion
- Lifetime Fees: $33.29 million
Data from January 1st to January 8th.
09 Jan 2024, 17:27
Missed our latest Liquid Conversations on Infinex's upcoming launch? Here's what you need to know about @infinex_app .
- Infinex: The CeFi 🤝 DeFi gateway
- Standout Features: Social login, L1 deposit, smart wallets, auto bridge.
- Launching with SNX Andromeda & Perps V3 on @base
Missed our latest Liquid Conversations on Infinex's upcoming launch. Here's what you need to know about @infinex_app .Missed our latest Liquid Conversations on Infinex's upcoming launch? Here's what you need to know about @infinex_app .
- Infinex: The CeFi 🤝 DeFi gateway
- Standout Features: Social login, L1 deposit, smart wallets, auto bridge.
- Launching with SNX Andromeda & Perps V3 on @base
08 Jan 2024, 16:15
Users now have the ability to bridge $SNX to @base using the Base Bridge. This is vital for setting up SNX buyback and burn for Perps V3 ramp-up.
Visit the Base Bridge -
Rewards are already being emitted on @aerodromefi for SNX/USDC LPs.
Users now have the ability to bridge $SNX to @base using the Base Bridge.Users now have the ability to bridge $SNX to @base using the Base Bridge. This is vital for setting up SNX buyback and burn for Perps V3 ramp-up.
Visit the Base Bridge - https://t.co/a6wq6lhUVf
Rewards are already being emitted on @aerodromefi for SNX/USDC LPs.
05 Jan 2024, 19:07
Synthetix's Andromeda Release: Embracing Buyback and Burn
With the Andromeda Release on @base , 40% of Perps V3 fees will be allocated to buying back and burning $SNX tokens using @yearnfi -inspired contracts.
This strategy is designed to effectively distribute fees in…
Synthetix's Andromeda Release: Embracing Buyback and Burn.Synthetix's Andromeda Release: Embracing Buyback and Burn
With the Andromeda Release on @base , 40% of Perps V3 fees will be allocated to buying back and burning $SNX tokens using @yearnfi -inspired contracts.
This strategy is designed to effectively distribute fees in…
05 Jan 2024, 15:44
SNX Ambassadors Project Spotlight: Rage Trade ( @rage_trade )!
Rage Trade is a multi-chain perp aggregator, capturing liquidity from @synthetix_io as well as @GMX_IO , and soon other favorites like @dYdX , @aevoxyz and more.
How does it work? I'll explain.
SNX Ambassadors Project Spotlight: Rage Trade ( @rage_trade ).SNX Ambassadors Project Spotlight: Rage Trade ( @rage_trade )!
Rage Trade is a multi-chain perp aggregator, capturing liquidity from @synthetix_io as well as @GMX_IO , and soon other favorites like @dYdX , @aevoxyz and more.
How does it work? I'll explain.
04 Jan 2024, 16:56
It is time for a Synthetix Ambassadors Governance update that highlights Missions in the upcoming @OptimismGov Season 5, which includes Voting Cycles #17 - #22 for Optimism Missions (Foundation Mission, and Delegate Mission) 🔴
🧵 👇
It is time for a Synthetix Ambassadors Governance update that highlights Missions in the upcoming @OptimismGov Season 5, which iIt is time for a Synthetix Ambassadors Governance update that highlights Missions in the upcoming @OptimismGov Season 5, which includes Voting Cycles #17 - #22 for Optimism Missions (Foundation Mission, and Delegate Mission) 🔴
🧵 👇
02 Jan 2024, 19:30
📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $633 million
- Average Daily Volume: $90.4 million
- Lifetime Perps Volume: $41.54 billion
- Lifetime Fees: $31.99 million
December 25th to January 1st
Synthetix Perps Data Report:. - 7-Day Total Volume: $633 million. - Average Daily Volume: $90. 4 million.📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $633 million
- Average Daily Volume: $90.4 million
- Lifetime Perps Volume: $41.54 billion
- Lifetime Fees: $31.99 million
December 25th to January 1st
31 Dec 2023, 14:59
You can ring in the new year by reviewing my pull request.
You can ring in the new year by reviewing my pull request.29 Dec 2023, 13:30
✨ What a remarkable journey 2023 has been for Polynomial
Our community remained united despite the bear market conditions and successfully navigated through them all.
Before we step into the new year, let's reflect on how it was in 2023👇
What a remarkable journey 2023 has been for Polynomial.✨ What a remarkable journey 2023 has been for Polynomial
Our community remained united despite the bear market conditions and successfully navigated through them all.
Before we step into the new year, let's reflect on how it was in 2023👇
28 Dec 2023, 13:27
Going into the New Year lets recap EVERYTHING @synthetix_io from the past Month!
Going into the New Year lets recap EVERYTHING @synthetix_io from the past Month.Going into the New Year lets recap EVERYTHING @synthetix_io from the past Month!
28 Dec 2023, 08:00
📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $1.00 billion
- Average Daily Volume: $143 million
- Lifetime Perps Volume: $40.91 billion
- Lifetime Fees: $31.56 million
December 18th to December 25th.
Synthetix Perps Data Report:. - 7-Day Total Volume: $1. 00 billion. - Average Daily Volume: $143 million.📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $1.00 billion
- Average Daily Volume: $143 million
- Lifetime Perps Volume: $40.91 billion
- Lifetime Fees: $31.56 million
December 18th to December 25th.
25 Dec 2023, 18:49
Merry Christmas and Happy Holidays to the entire Synthetix Spartan community!
Stay strong and let's keep pushing the boundaries of onchain derivatives together.
Merry Christmas and Happy Holidays to the entire Synthetix Spartan community.Merry Christmas and Happy Holidays to the entire Synthetix Spartan community!
Stay strong and let's keep pushing the boundaries of onchain derivatives together.
24 Dec 2023, 15:00
Voting in the Synthetix DAO Elections is happening now!
Cast your vote for preferred candidates before January 1st at 23:59 UTC. Visit to make your voice heard.
Learn more👇
Voting in the Synthetix DAO Elections is happening now. Cast your vote for preferred candidates before January 1st at 23:59 UTC.Voting in the Synthetix DAO Elections is happening now!
Cast your vote for preferred candidates before January 1st at 23:59 UTC. Visit https://t.co/nqMzd6WvqV to make your voice heard.
Learn more👇
23 Dec 2023, 01:30
🔊 @infinex_app is now live on Mainnet 🔊
Infinex perps trading blends the best of DeFi with the fast and familiar UX of Web2. Self-custodial. Trustless. Transparent.
We’re just getting started.
@infinex_app is now live on Mainnet. Infinex perps trading blends the best of DeFi with the fast and familiar UX of Web2.🔊 @infinex_app is now live on Mainnet 🔊
Infinex perps trading blends the best of DeFi with the fast and familiar UX of Web2. Self-custodial. Trustless. Transparent.
We’re just getting started.
22 Dec 2023, 17:57
Calling all Spartans 📢 Voting is now open!
Missed the Spartan Council panel and don't know who to vote for? Be sure to listen to the recording below 👇
Calling all Spartans Voting is now open. Missed the Spartan Council panel and don't know who to vote for.Calling all Spartans 📢 Voting is now open!
Missed the Spartan Council panel and don't know who to vote for? Be sure to listen to the recording below 👇
22 Dec 2023, 00:17
$200M volume on Synthetix perps today 🥱🥱
And already $500k in revenue after 1 day 🔥🔥
$200M volume on Synthetix perps today. And already $500k in revenue after 1 day.$200M volume on Synthetix perps today 🥱🥱
And already $500k in revenue after 1 day 🔥🔥
21 Dec 2023, 21:51
One aspect of the Perps V3 roadmap that often goes unnoticed is its upcoming deployment to ETH mainnet.
This is a significant step that will onboard protocols like @ethena_labs and attract whales and others looking for exposure to perps on ETH mainnet.👇
One aspect of the Perps V3 roadmap that often goes unnoticed is its upcoming deployment to ETH mainnet.One aspect of the Perps V3 roadmap that often goes unnoticed is its upcoming deployment to ETH mainnet.
This is a significant step that will onboard protocols like @ethena_labs and attract whales and others looking for exposure to perps on ETH mainnet.👇
21 Dec 2023, 20:14
Upon launch, @ethena_labs chose to partner with @synthetix_io V3 as part of the ETH basis trade that underpins the double-digit yield behind USDe.
Below, Ethena Founder @leptokurtic_ explains why they chose Synthetix...
Upon launch, @ethena_labs chose to partner with @synthetix_io V3 as part of the ETH basis trade that underpins the double-digitUpon launch, @ethena_labs chose to partner with @synthetix_io V3 as part of the ETH basis trade that underpins the double-digit yield behind USDe.
Below, Ethena Founder @leptokurtic_ explains why they chose Synthetix...
21 Dec 2023, 18:51
I HATE seeing Synthetix traders getting liquidated
Especially when they are shorting $SOL
But $SNX stakers made $475k in one day from fees 🔥
I HATE seeing Synthetix traders getting liquidated. Especially when they are shorting $SOL.I HATE seeing Synthetix traders getting liquidated
Especially when they are shorting $SOL
But $SNX stakers made $475k in one day from fees 🔥
21 Dec 2023, 17:01
ELECTION PANEL IN 5 HOURS!! Join the governance stage at 10pm UTC to hear from this epoch's Spartan Council candidates 👇
ELECTION PANEL IN 5 HOURS. Join the governance stage at 10pm UTC to hear from this epoch's Spartan Council candidates.ELECTION PANEL IN 5 HOURS!! Join the governance stage at 10pm UTC to hear from this epoch's Spartan Council candidates 👇
20 Dec 2023, 20:23
Today is the first Wednesday where stakers will no longer receive new inflationary rewards, as per SIP-2043.
However, users may still notice claimable SNX rewards. These are just rollovers from unclaimed rewards from the previous week.
Celebrate the fee burn & debt reduction👇
Today is the first Wednesday where stakers will no longer receive new inflationary rewards, as per SIP-2043.Today is the first Wednesday where stakers will no longer receive new inflationary rewards, as per SIP-2043.
However, users may still notice claimable SNX rewards. These are just rollovers from unclaimed rewards from the previous week.
Celebrate the fee burn & debt reduction👇
20 Dec 2023, 19:22
Join us for the 'DeFi Derivative 2023 Round Table' on Twitter Spaces! We're bringing together industry leaders.
⏰ Thursday, December 21 at 5 PM UTC
🛎 Mark your calendars, /i/spaces/1lPJqbjYeqdxb
@synthetix_io
@GainsNetwork_io
@rabbitx_io
@IntentX_
@Kwenta_io
@muxprotocol
Join us for the 'DeFi Derivative 2023 Round Table' on Twitter Spaces. We're bringing together industry leaders.Join us for the 'DeFi Derivative 2023 Round Table' on Twitter Spaces! We're bringing together industry leaders.
⏰ Thursday, December 21 at 5 PM UTC
🛎 Mark your calendars, /i/spaces/1lPJqbjYeqdxb
@synthetix_io
@GainsNetwork_io
@rabbitx_io
@IntentX_
@Kwenta_io
@muxprotocol
20 Dec 2023, 18:03
hey, guess what?
$SNX is officially deflationary. First tokens burned. 🔥
hey, guess what. $SNX is officially deflationary. First tokens burned.hey, guess what?
$SNX is officially deflationary. First tokens burned. 🔥
20 Dec 2023, 16:01
Don't miss our Community Governance Call happening today at 10 PM UTC in the Synthetix Discord!
Discover all the latest updates on Perps V2, the highly anticipated Andromeda Release, Perps V3 on Base & Mainnet, Core V3 enhancements, and more.
RSVP 👇
Don't miss our Community Governance Call happening today at 10 PM UTC in the Synthetix Discord.Don't miss our Community Governance Call happening today at 10 PM UTC in the Synthetix Discord!
Discover all the latest updates on Perps V2, the highly anticipated Andromeda Release, Perps V3 on Base & Mainnet, Core V3 enhancements, and more.
RSVP 👇
20 Dec 2023, 14:00
The Synthetix Council Elections are currently underway! Nominations have opened, and voting will begin on December 21st.
Don't miss your chance to nominate yourself & prepare for voting.
Learn more👇
The Synthetix Council Elections are currently underway. Nominations have opened, and voting will begin on December 21st.The Synthetix Council Elections are currently underway! Nominations have opened, and voting will begin on December 21st.
Don't miss your chance to nominate yourself & prepare for voting.
Learn more👇
13 Dec 2023, 20:18
Total $SNX revenue for the week: $1,213,634.65
Total $SNX revenue for the week: $1,213,634.Total $SNX revenue for the week: $1,213,634.65
13 Dec 2023, 18:47
Catch the Weekly Recap! 📰+🎙️
⚔️Spartan Council & CC updates
⚔️Ambassador Council updates
⚔️SIP presentation summary: SIPs 2043 & 351
Podcast on YOUTUBE:
Anchor Podcast:
BLOG:
Catch the Weekly Recap. Spartan Council & CC updates. Ambassador Council updates. SIP presentation summary: SIPs 2043 & 351.Catch the Weekly Recap! 📰+🎙️
⚔️Spartan Council & CC updates
⚔️Ambassador Council updates
⚔️SIP presentation summary: SIPs 2043 & 351
Podcast on YOUTUBE: https://t.co/aAA5xG5KKF
Anchor Podcast: https://t.co/uUdC4BCjmT
BLOG:
13 Dec 2023, 16:57
SNX Ambassadors Project Spotlight: Kwenta ( @Kwenta_io )!
The first frontend to trade Synthetix perps, Kwenta continues to be ahead of the game when it comes to providing a strong user experience for traders.
Here are some of those hallmark features that traders love 🧵
SNX Ambassadors Project Spotlight: Kwenta ( @Kwenta_io ).SNX Ambassadors Project Spotlight: Kwenta ( @Kwenta_io )!
The first frontend to trade Synthetix perps, Kwenta continues to be ahead of the game when it comes to providing a strong user experience for traders.
Here are some of those hallmark features that traders love 🧵
13 Dec 2023, 14:12
Its time for the Synthetix Ambassadors Governance update:
- Optimism update 🔴
- RetroPGF Round 3 info
- Recent votes by the @snxambassadors
- and much more
🧵👇
Its time for the Synthetix Ambassadors Governance update:. - Optimism update. - RetroPGF Round 3 info.Its time for the Synthetix Ambassadors Governance update:
- Optimism update 🔴
- RetroPGF Round 3 info
- Recent votes by the @snxambassadors
- and much more
🧵👇
12 Dec 2023, 21:50
Reminder that SNX token inflation has been stopped!
Weekly fee burn for LPs continues on Optimism and ETH mainnet while a new fee share and buyback and burn model will be tested on Base with the imminent Andromeda release.
Reminder that SNX token inflation has been stopped.Reminder that SNX token inflation has been stopped!
Weekly fee burn for LPs continues on Optimism and ETH mainnet while a new fee share and buyback and burn model will be tested on Base with the imminent Andromeda release.
12 Dec 2023, 19:46
📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $1.49 billion
- Average Daily Volume: $213 million
- Lifetime Perps Volume: $39.07 billion
- Lifetime Fees: $30.18 million
December 4th to December 11th
Synthetix Perps Data Report:. - 7-Day Total Volume: $1. 49 billion. - Average Daily Volume: $213 million.📊 Synthetix Perps Data Report:
- 7-Day Total Volume: $1.49 billion
- Average Daily Volume: $213 million
- Lifetime Perps Volume: $39.07 billion
- Lifetime Fees: $30.18 million
December 4th to December 11th
12 Dec 2023, 17:51
🎧New Podcast Alert! 🎧
Join us as we explore the world of @synthetix_io with @MattLosquadro .
We're diving into the nuts and bolts, Layer 2s, governance, and on-chain perpetual.
Learn how Synthetics is pushing the boundaries and transforming decentralized finance.
New Podcast Alert. Join us as we explore the world of @synthetix_io with @MattLosquadro .🎧New Podcast Alert! 🎧
Join us as we explore the world of @synthetix_io with @MattLosquadro .
We're diving into the nuts and bolts, Layer 2s, governance, and on-chain perpetual.
Learn how Synthetics is pushing the boundaries and transforming decentralized finance.
12 Dec 2023, 15:10
ICYMI: Synthetix to end SNX token inflation, shift focus to buybacks and burns
ICYMI: Synthetix to end SNX token inflation, shift focus to buybacks and burns.ICYMI: Synthetix to end SNX token inflation, shift focus to buybacks and burns
12 Dec 2023, 00:03
A special proposal went live today – another step closer to Infinex on Mainnet...
♾
A special proposal went live today – another step closer to Infinex on Mainnet.A special proposal went live today – another step closer to Infinex on Mainnet...
♾ https://t.co/fRIDFehIRI
11 Dec 2023, 18:12
$SNX Inflation? Not anymore. Synthetix Governance has slashed it to 0️⃣.
Get ready for a straightforward staking experience - No weekly claims for stakers, and non-stakers benefit from buyback and burn.
Inflation was transitory, but only for Synthetix.
$SNX Inflation. Not anymore. Synthetix Governance has slashed it to .$SNX Inflation? Not anymore. Synthetix Governance has slashed it to 0️⃣.
Get ready for a straightforward staking experience - No weekly claims for stakers, and non-stakers benefit from buyback and burn.
Inflation was transitory, but only for Synthetix.
10 Dec 2023, 14:00
It's official: The Spartan Council has voted to end $SNX inflation.
No more new tokens. No more weekly emissions.
It's official: The Spartan Council has voted to end $SNX inflation. No more new tokens. No more weekly emissions.It's official: The Spartan Council has voted to end $SNX inflation.
No more new tokens. No more weekly emissions.
09 Dec 2023, 21:30
PSA: You will no longer be punished for passively holding SNX. This was needed to scale the early network, but we have crossed a critical threshold. It’s still better to stake, and lower risk now, but if you don’t stake you will still benefit from the token buyback and burn.
PSA: You will no longer be punished for passively holding SNX.PSA: You will no longer be punished for passively holding SNX. This was needed to scale the early network, but we have crossed a critical threshold. It’s still better to stake, and lower risk now, but if you don’t stake you will still benefit from the token buyback and burn.
08 Dec 2023, 23:55
The Cannon web app now implements ERC-7412 to pull any @PythNetwork price data on chain, transparently:
This enables one-click, permissionless order settlement for @synthetix_io Perps V3:
🤌
The Cannon web app now implements ERC-7412 to pull any @PythNetwork price data on chain, transparently:.The Cannon web app now implements ERC-7412 to pull any @PythNetwork price data on chain, transparently: https://t.co/z98JEViegE
This enables one-click, permissionless order settlement for @synthetix_io Perps V3: https://t.co/7kXMNvTq02
🤌
08 Dec 2023, 21:56
Next week, we're hosting a Spartan Space to explore the upcoming Andromeda Release in detail.
Join us for an in-depth look at Andromeda, including - Core V3, Perps V3, the introduction of USDC as collateral/margin, and our deployment on @BuildOnBase .
Next week, we're hosting a Spartan Space to explore the upcoming Andromeda Release in detail.Next week, we're hosting a Spartan Space to explore the upcoming Andromeda Release in detail.
Join us for an in-depth look at Andromeda, including - Core V3, Perps V3, the introduction of USDC as collateral/margin, and our deployment on @BuildOnBase .
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