An activist investor has proposed a “reboot” of decentralized finance protocol Synthetix to save it from becoming a “zombie chain.” Despite the recent rise in cryptocurrency, Synthetix has been unable to gain traction due to governance and operational issues.

- Proposal SR-2 received 99.4% of the votes in favor.

- The plan includes a redesign of the SNX token and new revenue generation methods.

- The goal is to bring back innovation and rapid product adoption.

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