Synthetix has proposed to acquire TLX, a leveraged token protocol that operates on Synthetix's v2x perpetuals platform on Optimism. If the proposal is approved, Synthetix will launch "Synthetix Vaults," expanding its financial products with leveraged token vaults and yield strategies. This is part of Synthetix's strategy to expand and innovate its ecosystem, giving users access to structured and yielding financial instruments.
