BlockBeats news, on December 18, according to official information, Synthetix announced that the new Synthetix Exchange is now live on Base, supporting multi-collateral contract trading. Contract traders can use a variety of brand new collateral types while maintaining exposure to mainstream assets like BTC and ETH.
To this end, Synthetix 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, running from December 10 to January 7. In addition, Synthetix has increased the trading fee distribution for V3 by 50% through SCCP-373, further enhancing incentives for LPs.
Early users of Synthetix Exchange and the upcoming Synthetix leverage tokens can also look forward to a brand new incentive program launching in January.
