Kain Warwick, the founder of the decentralized synthetic asset protocol Synthetix (SNX), has proposed a governance change to the Synthetix community. The proposal aims to reduce SNX inflation to 0% by adjusting parameters on the ETH, OP, and Base mainnets. Warwick believes that reducing inflation can potentially benefit network growth and suggests that increasing holder incentives through zero inflation and future buybacks could be a better strategy for the protocol. This proposal will be subject to a community vote for approval. #Synthetix #CryptoGovernance
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.