WETH/SNX Incentives on L2

We’re excited to announce a new round of incentives for WETH/SNX on Optimistic Ethereum. Synthetix will partner with Gelato to leverage G-UNI pools that enable rewards for liquidity providers. 60,000 SNX will be distributed for one month to WETH/SNX liquidty providers, with the possibility to extend after an impact assessment. Here is a tutorial that … Read more

The Peacock Release

Later today (1/18/22), the Peacock release will begin. During this release, there will not be any downtime on L1 or L2. Here’s what’s included in this release: SIP-200: Fix FeePool Rewards Distribution: Fix the FeePool contract such that only correctly authorized addresses can call setRewardsToDistribute. The current authorization logic for the setRewardsToDistribute method can be … Read more

Synthetix partners with Gauntlet for risk management modeling

Synthetix is excited to partner with the Gauntlet team to provide automated financial risk management simulations for the Synthetix protocol. The unique mechanics of the Synthetix protocol require deep analysis to optimize, and Gauntlet has the resources, systems, and experience to ensure that Synthetix has both proper risk management and optimized capital efficiency. Gauntlet is … Read more

The Alhena Release

Later today (December 16, ~00:00 UTC), the Alhena release will begin. During this release, minting, burning, and claiming will be down on L2 only for 1-2 hours. Here’s what’s included in this release: SIP-188: Add sETHBTC synth on L1: Adds a synth to L1 that mirrors the ratio of prices between ETH and BTC. SIP-194: … Read more

Come join us on Dec 15/ Dec 16 for the next Synthetix community governance call!

The next Synthetix community governance call is scheduled for December 16th at 10pm UTC (12/15 afternoon/evening for western hemisphere; 12/16 morning for eastern hemisphere), and we’d love for you to join us! The current agenda for this month’s meeting (subject to change) is as follows: Welcome Spartan Council update New CC Intro Futures update New … Read more