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Warwick Takes Personal Blame for sUSD Mismanagement, Charts Basis-Vault Replacement
➤ Synthetix founder Kain Warwick takes personal responsibility for the year-long depeg of sUSD and treasury mismanagement. ➤ A new basis-vault-backed stablecoin is planned to replace sUSD, running on Synthetix's v4 exchange. ➤ Warwick attributes the depeg to issues with the v3 exchange, slow v4 development, and failed yield generation mechanisms.
Synthetix (SNX) Founder Proposes Ending High Yield Returns With 300M Capped Supply
Synthetix (SNX) Founder Proposes Ending High Yield Returns With 300M Capped Supply
Synthetix founder Kain Warwick has submitted a proposal to turn off SNX’s high yield returns and cap its supply at 300 million tokens. According to Warwick, the just proposed Synthetix Improvement Proposal (SIP) will end SNX inflation at 300 million tokens in ten weeks. Just proposed a SIP to end SNX inflation at 300m tokens in ten weeks. After informal discussions today, it seems like it has a…
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Synthetix (SNX) là gì, đánh giá tiềm năng của đồng SNX
Synthetix (SNX) là gì, đánh giá tiềm năng của đồng SNX
Synthetix là một giao thức thanh khoản phái sinh dựa trên Ethereum để phát hành và giao dịch các tài sản tổng hợp (Synth). Giao dịch được tiến hành trên sàn DEX của nó là Synthetix.Exchange. Người dùng muốn giao dịch phải Khóa một lượng SNX token tương ứng trong hợp đồng thông minh Synthetix, và sau đó giao thức này phát hành ( đúc ra ) một lượng token tương ứng dưới dạng tài sản tổng hợp…
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The Founders of Synthetix and Chainlink on DeFi, Derivatives and 25 New Decentralized Price Feeds
The Founders of Synthetix and Chainlink on DeFi, Derivatives and 25 New Decentralized Price Feeds
Yesterday Chainlink released price reference data for 25 of its decentralized oracle networks which, together, power more than $100m in DeFi.
On this special interview episode, @nlw talks with Sergey Nazarov and Kain Warwick, the founders of Chainlink and Synthetix respectively about:
To see Chainlink’s newly released decentralized price feeds, visit: feeds.chain.link
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