A referendum has been proposed for Synthetix governance by Fenway, highlighting a number of changes to the current DAO structure, operations, and recommendations for SNX moving forward.
📲Join our Discord to discuss and register for the upcoming townhall: https://t.co/QPEUpO9Do1
As SNX prepares for a new chapter of progress and major launches, it’s time to welcome your new councilors who will lead the initiatives that shape the future of our ecosystem.
Synthetix is requesting an extension to its original LTIP grant to support the launch of Multi-Collateral Perps on Arbitrum.
This feature will allow users to trade Perps using tBTC, ETH, USDe, and SOL as collateral.
We expect this onchain innovation to attract many new users with diverse strategies and will be worth the extra wait to release. It will be impactful for the entire Arbitrum ecosystem to align the original LTIP incentives with our new product and a (slightly) delayed timeline.
If you hold ARB tokens, please show your support and vote here 👇
It's time for a new election epoch for Synthetix Governance.
But this one comes with a twist - nominations are now live on SNAXchain, the phase 1 version of Synthetix's new app chain built on the @Optimism superchain.
Synthetix users on Arbitrum can now earn by providing USDx liquidity on @StakeDAOHQ or staking in the @CurveFinance Gauge directly.
Synthetix has begun incentives for its Arbitrum native stablecoin in anticipation for the launch of Synthetix Perps on Arbitrum, with 3k SNX per week allocated to vote incentives. USDx can be obtained by depositing collateral into https://t.co/JZNsYXhYQI and borrowing interest-free.