Foresight News reports that Synthetix has announced the relaunch of Synthetix Exchange on the Base network, supporting multi-collateral asset contract trading. Since the initial Base deployment only supported USDC as collateral, this release adds support for assets such as cbBTC, cbETH, wstETH, and wETH as collateral.
At the same time, Synthetix has launched the Base LP incentive program, which lasts for four weeks and is aimed at liquidity providers (LP) on the Base chain. Rewards include 80,000 SNX and 100,000 USDC, continuing until January 7. Additionally, Synthetix has increased the V3 trading fee distribution by 50% through SCCP-373, enhancing incentives for LPs.
