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
11 Sep 2023, 14:39
No more announcements, let's talk about Rage v2.
So where are onchain perps today?
Well, @GMX_IO launched v2 enabling new assets to be listed. Yet v1 still holds the vast majority of liquidity ($500M) versus v2 ($30M). OTOH open interest on v2 is inching closer to v1.…
No more announcements, let's talk about Rage v2. So where are onchain perps today.No more announcements, let's talk about Rage v2.
So where are onchain perps today?
Well, @GMX_IO launched v2 enabling new assets to be listed. Yet v1 still holds the vast majority of liquidity ($500M) versus v2 ($30M). OTOH open interest on v2 is inching closer to v1.…
10 Sep 2023, 20:53
Lets get a roll call for @Permissionless this week
If youre looking to build onchain derivatives, DM us to schedule some time to talk about how you can tap into Synthetix liquidity for perps and other markets
Lets get a roll call for @Permissionless this week.Lets get a roll call for @Permissionless this week
If youre looking to build onchain derivatives, DM us to schedule some time to talk about how you can tap into Synthetix liquidity for perps and other markets
08 Sep 2023, 20:30
The Synthetix Treasury Council has announced the extension of the $OP perps trading program for an additional five weeks, starting on September 13th.
Here are the details:
- 100k $OP per week
- Rewards will be capped at total fees generated
- Total Distribution: 500k $OP
The Synthetix Treasury Council has announced the extension of the $OP perps trading program for an additional five weeks, startiThe Synthetix Treasury Council has announced the extension of the $OP perps trading program for an additional five weeks, starting on September 13th.
Here are the details:
- 100k $OP per week
- Rewards will be capped at total fees generated
- Total Distribution: 500k $OP
06 Sep 2023, 20:44
Weekly Recap! 👇
⚔️Perps stats report
⚔️Grants Council updates
⚔️Spartan Synthverse NFT LORE update
Podcast on YOUTUBE:
Anchor Podcast:
BLOG:
Weekly Recap. Perps stats report. Grants Council updates. Spartan Synthverse NFT LORE update. Podcast on YOUTUBE:.Weekly Recap! 👇
⚔️Perps stats report
⚔️Grants Council updates
⚔️Spartan Synthverse NFT LORE update
Podcast on YOUTUBE: https://t.co/p8R4KIIrIn
Anchor Podcast: https://t.co/uUdC4BCjmT
BLOG:
05 Sep 2023, 16:26
📢 CALLING ALL SPARTANS
We're hosting a call tomorrow in Discord to discuss the most recent Synthetix Treasury Proposals!!
Join us at 10pm UTC to hear from Kain, ml_sudo, Carrot Anderson, and SpartanGlory on their STPs
RSVP here:
CALLING ALL SPARTANS. We're hosting a call tomorrow in Discord to discuss the most recent Synthetix Treasury Proposals.📢 CALLING ALL SPARTANS
We're hosting a call tomorrow in Discord to discuss the most recent Synthetix Treasury Proposals!!
Join us at 10pm UTC to hear from Kain, ml_sudo, Carrot Anderson, and SpartanGlory on their STPs
RSVP here: https://t.co/a7u6fvX9wV
05 Sep 2023, 12:15
E36 Derivatives for Degens:
Liquidity for Warriors & V3? w/ @MattLosquadro from @synthetix_io
Join the live Wednesday at 11 am est!
🔗👇
E36 Derivatives for Degens:. Liquidity for Warriors & V3. w/ @MattLosquadro from @synthetix_io.E36 Derivatives for Degens:
Liquidity for Warriors & V3? w/ @MattLosquadro from @synthetix_io
Join the live Wednesday at 11 am est!
🔗👇
03 Sep 2023, 17:22
Synthetix V3 will unlock the future onchain derivatives.
🔜
Synthetix V3 will unlock the future onchain derivatives.Synthetix V3 will unlock the future onchain derivatives.
🔜
31 Aug 2023, 17:05
Did you miss the Synthetix Governance Call? It was an event filled with exciting updates on Perps V3, the upcoming Perps V3 testnet competition on @BuildOnBase , and core Synthetix V3 system updates.
Check out the recap below 👇
Did you miss the Synthetix Governance Call.Did you miss the Synthetix Governance Call? It was an event filled with exciting updates on Perps V3, the upcoming Perps V3 testnet competition on @BuildOnBase , and core Synthetix V3 system updates.
Check out the recap below 👇
30 Aug 2023, 20:01
The Weekly Recap is here!
🚨 Election Results 🚨
⚔ Spartan Council & CC updates
⚔ Grants & Ambassador Council updates
Podcast on YOUTUBE:
Anchor Podcast:
BLOG:
The Weekly Recap is here. Election Results. Spartan Council & CC updates. Grants & Ambassador Council updates.The Weekly Recap is here!
🚨 Election Results 🚨
⚔ Spartan Council & CC updates
⚔ Grants & Ambassador Council updates
Podcast on YOUTUBE: https://t.co/9F67BYNF9A
Anchor Podcast: https://t.co/uUdC4BCjmT
BLOG:
29 Aug 2023, 19:58
The Synthetix Community Governance Call is about to begin.
Here's what's on the agenda:
- Perps V3 Testnet Competition & Features
- Synthetix V3 Core, Cross-Chain & Governance, and @BuildOnBase deployment
- Ecosystem Updates
Join our Discord to listen 👇
The Synthetix Community Governance Call is about to begin. Here's what's on the agenda:.The Synthetix Community Governance Call is about to begin.
Here's what's on the agenda:
- Perps V3 Testnet Competition & Features
- Synthetix V3 Core, Cross-Chain & Governance, and @BuildOnBase deployment
- Ecosystem Updates
Join our Discord to listen 👇
27 Aug 2023, 22:51
✈️Launch Partner Alert
@synthetix_io will be bringing $SNX to @BuildOnBase via Aerodrome shortly after launch.
Synthetix enables the creation of synthetic assets that support a unique ecosystem of DeFi products.
Another DeFi OG joining us for #OnChainSummer.
Launch Partner Alert. @synthetix_io will be bringing $SNX to @BuildOnBase via Aerodrome shortly after launch.✈️Launch Partner Alert
@synthetix_io will be bringing $SNX to @BuildOnBase via Aerodrome shortly after launch.
Synthetix enables the creation of synthetic assets that support a unique ecosystem of DeFi products.
Another DeFi OG joining us for #OnChainSummer.
25 Aug 2023, 12:01
Its time for the @synthetix_io Weekly Recap!
🧵👇
Its time for the @synthetix_io Weekly Recap.Its time for the @synthetix_io Weekly Recap!
🧵👇
23 Aug 2023, 15:18
Make sure not to miss the upcoming SNX Governance Call on Tuesday, Aug 29th at 8 pm UTC.
The agenda includes:
- Perps V3 Testnet Competition & Features
- Synthetix V3 Core, Cross-Chain & Governance, and @BuildOnBase deployment
- Ecosystem Updates
RSVP 👇
Make sure not to miss the upcoming SNX Governance Call on Tuesday, Aug 29th at 8 pm UTC. The agenda includes:.Make sure not to miss the upcoming SNX Governance Call on Tuesday, Aug 29th at 8 pm UTC.
The agenda includes:
- Perps V3 Testnet Competition & Features
- Synthetix V3 Core, Cross-Chain & Governance, and @BuildOnBase deployment
- Ecosystem Updates
RSVP 👇
22 Aug 2023, 16:46
Join us tomorrow, along with our co-host @synthetix_io , as we explore the future of DeFi!
Join us tomorrow, along with our co-host @synthetix_io , as we explore the future of DeFi.Join us tomorrow, along with our co-host @synthetix_io , as we explore the future of DeFi!
22 Aug 2023, 14:17
Speed Markets ⚡️ is now live on OP Mainnet ( @optimismFND ), let the race begin!
Introducing simple crypto markets for shorter time frames (hours)
Just choose...
Asset: ETH or BTC
Direction: UP or DOWN
Timeframe: How many hours?
Amount (USD): How much?
🫡
Speed Markets ️ is now live on OP Mainnet ( @optimismFND ), let the race begin.Speed Markets ⚡️ is now live on OP Mainnet ( @optimismFND ), let the race begin!
Introducing simple crypto markets for shorter time frames (hours)
https://t.co/WWNNGO9seK
Just choose...
Asset: ETH or BTC
Direction: UP or DOWN
Timeframe: How many hours?
Amount (USD): How much?
🫡
21 Aug 2023, 14:00
.$SNX stakers, make sure to cast your votes & nominate! Voting for the following councils will end on August 30
1️⃣ Spartan
2️⃣ Grants
3️⃣ Ambassador
4️⃣ Treasury
If you're unsure about how the election works, we have a blog post just for you 👇
$SNX stakers, make sure to cast your votes & nominate. Voting for the following councils will end on August 30. Spartan..$SNX stakers, make sure to cast your votes & nominate! Voting for the following councils will end on August 30
1️⃣ Spartan
2️⃣ Grants
3️⃣ Ambassador
4️⃣ Treasury
If you're unsure about how the election works, we have a blog post just for you 👇
18 Aug 2023, 16:30
Yesterday's Synthetix Perps performance highlighted the resilience of both Synthetix and its integrators during high stress. The system flawlessly managed a surge in trades and volatile prices without skipping a beat.
Decentralized systems like this are the future.
Yesterday's Synthetix Perps performance highlighted the resilience of both Synthetix and its integrators during high stress.Yesterday's Synthetix Perps performance highlighted the resilience of both Synthetix and its integrators during high stress. The system flawlessly managed a surge in trades and volatile prices without skipping a beat.
Decentralized systems like this are the future.
17 Aug 2023, 17:34
The Synthetix Governance Elections are now underway.
Key dates to remember:
- Aug 17: Nominations open
- Aug 21: Voting begins
- Aug 30: Voting ends & nominations close.
To learn more and nominate yourself if interested, click the link below 👇
The Synthetix Governance Elections are now underway. Key dates to remember:. - Aug 17: Nominations open.The Synthetix Governance Elections are now underway.
Key dates to remember:
- Aug 17: Nominations open
- Aug 21: Voting begins
- Aug 30: Voting ends & nominations close.
To learn more and nominate yourself if interested, click the link below 👇
16 Aug 2023, 20:52
👀 @BuildOnBase
SIP 336: Deploy Synthetix V3 on Base has been approved by the Spartan Council.
It's only a matter of time.
@BuildOnBase. SIP 336: Deploy Synthetix V3 on Base has been approved by the Spartan Council. It's only a matter of time.👀 @BuildOnBase
SIP 336: Deploy Synthetix V3 on Base has been approved by the Spartan Council.
It's only a matter of time.
16 Aug 2023, 20:21
Weekly Recap! 👇
⚔️Spartan Council & CC updates
⚔️SIP presentation summary - SIPs 331, 336, 2030, & 2031
⚔️SIP/SCCP status tracker
Podcast on YOUTUBE:
Anchor Podcast:
BLOG:
Weekly Recap. Spartan Council & CC updates. SIP presentation summary - SIPs 331, 336, 2030, & 2031. SIP/SCCP status tracker.Weekly Recap! 👇
⚔️Spartan Council & CC updates
⚔️SIP presentation summary - SIPs 331, 336, 2030, & 2031
⚔️SIP/SCCP status tracker
Podcast on YOUTUBE: https://t.co/wjUzEf4QtK
Anchor Podcast: https://t.co/uUdC4BCRcr
BLOG:
16 Aug 2023, 16:01
We're now live on Twitter Spaces with the @snxgrants discussing the Spartan Synthverse NFT project.
Listen in now 👇
We're now live on Twitter Spaces with the @snxgrants discussing the Spartan Synthverse NFT project. Listen in now.We're now live on Twitter Spaces with the @snxgrants discussing the Spartan Synthverse NFT project.
Listen in now 👇
15 Aug 2023, 16:24
We’re interested in feedback on ERC-7412, a draft standard I put together with @klbyte :
It includes an economic incentive for oracles, can be used for price feeds + pool synthesis on @synthetix_io , and enables scalable cross-chain protocols of all kinds.
We're interested in feedback on ERC-7412, a draft standard I put together with @klbyte :.We’re interested in feedback on ERC-7412, a draft standard I put together with @klbyte : https://t.co/86OTKqDGR5
It includes an economic incentive for oracles, can be used for price feeds + pool synthesis on @synthetix_io , and enables scalable cross-chain protocols of all kinds.
14 Aug 2023, 16:21
🧵 3 steps to access $500m+ liquidity on @synthetix_io
3 steps to access $500m+ liquidity on @synthetix_io.🧵 3 steps to access $500m+ liquidity on @synthetix_io
14 Aug 2023, 13:25
Synthetix V3 development is advancing rapidly, bringing us closer to a soon-to-be full-fledged release.
It's set to offer a liquidity layer that builders can leverage, opening up new possibilities for creating derivatives and on-chain financial products.
Synthetix V3 development is advancing rapidly, bringing us closer to a soon-to-be full-fledged release.Synthetix V3 development is advancing rapidly, bringing us closer to a soon-to-be full-fledged release.
It's set to offer a liquidity layer that builders can leverage, opening up new possibilities for creating derivatives and on-chain financial products.
https://t.co/Wdlv3jdKsj
14 Aug 2023, 12:00
$5 billion -> $22 billion trading volume in 8 months
During a bear market
What changed?
@synthetix_io switched to Pyth’s high throughput data feeds
Is your project #PoweredByPyth?
$5 billion -> $22 billion trading volume in 8 months. During a bear market. What changed.$5 billion -> $22 billion trading volume in 8 months
During a bear market
What changed?
@synthetix_io switched to Pyth’s high throughput data feeds
Is your project #PoweredByPyth?
13 Aug 2023, 00:35
We are entering DeFi’s greatest chance to take on centralised finance.
Let's start talking plans:
We are entering DeFi's greatest chance to take on centralised finance. Let's start talking plans:.We are entering DeFi’s greatest chance to take on centralised finance.
Let's start talking plans:
11 Aug 2023, 15:50
📢 Update: Synthetix continues to reward integrators @Kwenta_io , @PolynomialFi , & @dHedgeOrg for driving volume through Perps.
An additional ~170,000 $SNX has been paid out to integrators for generating $14B in volume and $5M in fees from May to July.
👇
Update: Synthetix continues to reward integrators @Kwenta_io , @PolynomialFi , & @dHedgeOrg for driving volume through Perps.📢 Update: Synthetix continues to reward integrators @Kwenta_io , @PolynomialFi , & @dHedgeOrg for driving volume through Perps.
An additional ~170,000 $SNX has been paid out to integrators for generating $14B in volume and $5M in fees from May to July.
👇
11 Aug 2023, 12:24
Join the @snxambassadors on Wednesday at 4pm UTC for a live Spartan Space session with @snxgrants .
We will be discussing the Spartan Synthverse NFT Project!
RSVP 👇
Join the @snxambassadors on Wednesday at 4pm UTC for a live Spartan Space session with @snxgrants .Join the @snxambassadors on Wednesday at 4pm UTC for a live Spartan Space session with @snxgrants .
We will be discussing the Spartan Synthverse NFT Project!
RSVP 👇
09 Aug 2023, 23:04
TLDR on @synthetix_io weekly recap:
- Core system for Synthetix V3 is complete
- Perps V3 is on testnet with @Kwenta_io @PolynomialFi starting integrations
- @OvertimeMarkets integration incoming
- Synthetix Perps to @BuildOnBase
TLDR on @synthetix_io weekly recap:. - Core system for Synthetix V3 is complete.TLDR on @synthetix_io weekly recap:
- Core system for Synthetix V3 is complete
- Perps V3 is on testnet with @Kwenta_io @PolynomialFi starting integrations
- @OvertimeMarkets integration incoming
- Synthetix Perps to @BuildOnBase
09 Aug 2023, 20:56
SNXweave Weekly Recap! 📰+🎙️
⚔️Spartan Council & CC updates
⚔️SIP presentation summary - SIPs 325, 332, 333, 334, & 335
⚔️SIP/SCCP status tracker
Podcast on YOUTUBE:
Anchor Podcast:
BLOG:
SNXweave Weekly Recap. Spartan Council & CC updates. SIP presentation summary - SIPs 325, 332, 333, 334, & 335.SNXweave Weekly Recap! 📰+🎙️
⚔️Spartan Council & CC updates
⚔️SIP presentation summary - SIPs 325, 332, 333, 334, & 335
⚔️SIP/SCCP status tracker
Podcast on YOUTUBE: https://t.co/Ybvog94Vp1
Anchor Podcast: https://t.co/uUdC4BCRcr
BLOG:
09 Aug 2023, 19:26
Exciting news! Synthetix Perps now supports @Tether_to USDT perpetual markets. This comes after the approval and implementation of SIP-2030 by the Spartan Council.
To access USDT and 51 other markets, check out @Kwenta_io , @PolynomialFi , and @dHedgeOrg .
Exciting news. Synthetix Perps now supports @Tether_to USDT perpetual markets.Exciting news! Synthetix Perps now supports @Tether_to USDT perpetual markets. This comes after the approval and implementation of SIP-2030 by the Spartan Council.
To access USDT and 51 other markets, check out @Kwenta_io , @PolynomialFi , and @dHedgeOrg .
https://t.co/2tumxty2sI
08 Aug 2023, 13:00
Discover how @PolynomialFi is leveraging Synthetix to power Polynomial Perps, an integration that has quickly surpassed $1 billion in total trading volume.
What's next?
- Power Perps
- Automated Funding Arbitrage
- UI Improvements
Learn more 👇
Discover how @PolynomialFi is leveraging Synthetix to power Polynomial Perps, an integration that has quickly surpassed $1 billiDiscover how @PolynomialFi is leveraging Synthetix to power Polynomial Perps, an integration that has quickly surpassed $1 billion in total trading volume.
What's next?
- Power Perps
- Automated Funding Arbitrage
- UI Improvements
Learn more 👇
06 Aug 2023, 14:01
Spartans/Degens/Anons: It is that time again to recap everything @synthetix_io from the past week !
Grab some ☕️and give it a read! 🧵👇
Spartans/Degens/Anons: It is that time again to recap everything @synthetix_io from the past week .Spartans/Degens/Anons: It is that time again to recap everything @synthetix_io from the past week !
Grab some ☕️and give it a read! 🧵👇
04 Aug 2023, 16:46
ICYMI, here's a recorded session of core engineer @noahlitvin speaking at Stable Summit earlier in July, explaining how Synthetix is scaling onchain derivatives.
ICYMI, here's a recorded session of core engineer @noahlitvin speaking at Stable Summit earlier in July, explaining how SynthetiICYMI, here's a recorded session of core engineer @noahlitvin speaking at Stable Summit earlier in July, explaining how Synthetix is scaling onchain derivatives.
https://t.co/C6TuZWZFoH
04 Aug 2023, 14:09
Strong momentum from Synthetix Perps partner Polynomial 🙌⚔️
Strong momentum from Synthetix Perps partner Polynomial.Strong momentum from Synthetix Perps partner Polynomial 🙌⚔️
31 Jul 2023, 18:36
Set a reminder for our upcoming Spartan Spaces hosted by @WestieCapital with @kaiynne , @0xAfif and @leptokurtic_
Hear more about @ethena_labs integration with Synthetix and the broader decentralized stablecoin space.
Set a reminder for our upcoming Spartan Spaces hosted by @WestieCapital with @kaiynne , @0xAfif and @leptokurtic_.Set a reminder for our upcoming Spartan Spaces hosted by @WestieCapital with @kaiynne , @0xAfif and @leptokurtic_
Hear more about @ethena_labs integration with Synthetix and the broader decentralized stablecoin space.
28 Jul 2023, 17:52
Episode 2 of Liquid Conversations is here.
@MattLosquadro chats with Synthetix founder @kaiynne and two of the core contributors building Synthetix V3, @0xAfif and @noahlitvin .
They answer the big questions - how will a staker's experience differ with V3, what permissionless markets will be enabled, and what can we expect from Perps V3
Episode 2 of Liquid Conversations is here.Episode 2 of Liquid Conversations is here.
@MattLosquadro chats with Synthetix founder @kaiynne and two of the core contributors building Synthetix V3, @0xAfif and @noahlitvin .
They answer the big questions - how will a staker's experience differ with V3, what permissionless markets will be enabled, and what can we expect from Perps V3
https://t.co/LgoBaZwBpO
28 Jul 2023, 17:00
⚡Introducing a component of Meta Harvester: The Perpetual Delta Neutral Yield Vault. It taps into the potential of perpetual futures from @Kwenta_io & @synthetix_io , balancing both long and short positions while capitalizing on the funding rate. Excited? We are too! #DeFi
Introducing a component of Meta Harvester: The Perpetual Delta Neutral Yield Vault.⚡Introducing a component of Meta Harvester: The Perpetual Delta Neutral Yield Vault. It taps into the potential of perpetual futures from @Kwenta_io & @synthetix_io , balancing both long and short positions while capitalizing on the funding rate. Excited? We are too! #DeFi
28 Jul 2023, 10:41
26 Jul 2023, 19:57
SNXweave Weekly Recap! 📰+🎙️
⚔️Grants Council updates - NFT project‼️
⚔️Ambassador updates
Podcast on YOUTUBE:
Anchor Podcast:
BLOG:
SNXweave Weekly Recap. Grants Council updates - NFT project. Ambassador updates. Podcast on YOUTUBE:. Anchor Podcast:. BLOG:.SNXweave Weekly Recap! 📰+🎙️
⚔️Grants Council updates - NFT project‼️
⚔️Ambassador updates
Podcast on YOUTUBE: https://t.co/XrNPL7NQuR
Anchor Podcast: https://t.co/uUdC4BCjmT
BLOG:
26 Jul 2023, 18:59
Amazing to see the growth of Synthetix Perps in just over 6 months since the launch of V2.
Looking forward to continued growth ⚔️
Amazing to see the growth of Synthetix Perps in just over 6 months since the launch of V2. Looking forward to continued growth.Amazing to see the growth of Synthetix Perps in just over 6 months since the launch of V2.
Looking forward to continued growth ⚔️
24 Jul 2023, 19:07
“We’re really excited to have this and it opens up the possibility of going to many more chains for us.”
Talking with @chainlink 's @SergeyNazarov at @EthCC , @synthetix_io 's Kain Warwick explained why he's excited to be an early adopter of #Chainlink CCIP.
"We're really excited to have this and it opens up the possibility of going to many more chains for us.“We’re really excited to have this and it opens up the possibility of going to many more chains for us.”
Talking with @chainlink 's @SergeyNazarov at @EthCC , @synthetix_io 's Kain Warwick explained why he's excited to be an early adopter of #Chainlink CCIP.
21 Jul 2023, 18:55
Busy week in the Synthetix ecosystem!
Thanks for the roundup @mastermojo83
Busy week in the Synthetix ecosystem. Thanks for the roundup @mastermojo83.Busy week in the Synthetix ecosystem!
Thanks for the roundup @mastermojo83
20 Jul 2023, 20:47
Synthetix Perps Blogs For Nerds & Arbitrageurs:
The Ultimate Guide to Synthetix Perps Arbitrage
Synthetix Perps Dynamic Funding Rates
Synthetix Perps Price Impact Function
Synthetix Perps Blogs For Nerds & Arbitrageurs:. The Ultimate Guide to Synthetix Perps Arbitrage.Synthetix Perps Blogs For Nerds & Arbitrageurs:
The Ultimate Guide to Synthetix Perps Arbitrage
https://t.co/lMQCYY9yFD
Synthetix Perps Dynamic Funding Rates
https://t.co/NU8bIeFFSP
Synthetix Perps Price Impact Function
https://t.co/M62CVyam2W
20 Jul 2023, 15:15
"It’s time to take on centralized exchanges..."
Who better than the DeFi OG and founder of @synthetix_io , @kaiynne , to tell us all about how?
Join him & @AshBennington on today's #Crypto Daily Briefing @ 12 PM ET 🚀
LIVE on YouTube👇
"It's time to take on centralized exchanges."It’s time to take on centralized exchanges..."
Who better than the DeFi OG and founder of @synthetix_io , @kaiynne , to tell us all about how?
Join him & @AshBennington on today's #Crypto Daily Briefing @ 12 PM ET 🚀
LIVE on YouTube👇
27 Apr 2023, 21:33
Synthetix Perps employs a dynamic funding rate mechanism and a price impact function to ensure market balance. Both of these tools work in tandem to bring delta neutrality to market LPs.
Interested in learning about both of these functions? See the 🧵 below 👇
Synthetix Perps employs a dynamic funding rate mechanism and a price impact function to ensure market balance.Synthetix Perps employs a dynamic funding rate mechanism and a price impact function to ensure market balance. Both of these tools work in tandem to bring delta neutrality to market LPs.
Interested in learning about both of these functions? See the 🧵 below 👇
20 Apr 2023, 20:18
Synthetix Council elections are in full swing!
Important dates:
- Apr 17: Nominations open
- Apr 21: Voting begins
- Apr 30: Voting ends & nominations close. Epoch begins.
Learn more and nominate yourself if interested 👇
Synthetix Council elections are in full swing. Important dates:. - Apr 17: Nominations open. - Apr 21: Voting begins.Synthetix Council elections are in full swing!
Important dates:
- Apr 17: Nominations open
- Apr 21: Voting begins
- Apr 30: Voting ends & nominations close. Epoch begins.
Learn more and nominate yourself if interested 👇
https://t.co/BNANtf7uBT
20 Apr 2023, 18:44
RT @0xAfif: 1/7) It appears that Synthetix Perps will be transitioned out of beta by governance in the coming days, so it's a good time to…
RT @0xAfif: 1/7) It appears that Synthetix Perps will be transitioned out of beta by governance in the coming days, so it's a goRT @0xAfif: 1/7) It appears that Synthetix Perps will be transitioned out of beta by governance in the coming days, so it's a good time to…
19 Apr 2023, 22:52
RT @mastermojo83: Look at all the different markets that could be built on @synthetix_io V3! 🔥
RT @mastermojo83: Look at all the different markets that could be built on @synthetix_io V3.RT @mastermojo83: Look at all the different markets that could be built on @synthetix_io V3! 🔥 https://t.co/D32w59mdE5
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