According to ChainCatcher, Synthetix announced on social media that its protocol V3 will be launched on Arbitrum and will be launched in multiple stages. Starting at 9:00 am Beijing time on June 19, users who deposit ETH, ARB and USDC will receive ARB LTIP rewards. Depositors can also mint (i.e. borrow) Synthetix's new Arbitrum native stablecoin USDx.
It is reported that the launch phases are planned as follows: Week 1 attracts a large amount of ARB, USDC and ETH LP collateral. Once the total LP collateral reaches 10 million to 20 million US dollars, Perps trading will be ready to start; Week 2-3: Enable sUSDe and USDe as collateral, and support collateral from Lido, EtherFi and AAVE; Week 3-4: Enable the Synthetix Perps market based on the development of LP. Trading rebates will start in 4-6 weeks, gradually enabling trading activities with limited open positions to manage risks.
