Matt Losquadro 
The next Synthetix community governance call is scheduled for June 29th at 9pm UTC (6/29 afternoon/evening for western hemisphere; 6/30 morning for eastern hemisphere), and we’d love for you to join us! We’ll be holding this event on our Discord, RSVP at https://discord.gg/qyqqKUH4?event=989885215369486407 The current agenda for this month’s meeting (subject to change) is as … Read more
The next Synthetix community governance call is scheduled for June 29th at 9pm UTC (6/29 afternoon/evening for western hemisphere; 6/30 morning for eastern hemisphere), and we’d love for you to join us! We’ll be holding this event on our Discord, RSVP at https://discord.gg/qyqqKUH4?event=989885215369486407 The current agenda for this month’s meeting (subject to change) is as … Read more
Today, June 23rd at ~ 7:00 UTC, the Algol release will begin. Here’s what’s included in this release: SIP-251: Differentiate Liquidation Penalties: Adds a new system setting for SNX staker liquidations Differentiate Liquidation Penalties SIP 251 sets liquidation penalties that are applied to both staking and loans. The liquidation penalties set from this SIP are … Read more
We’ve recently partnered with Gelato to allow stakers to automatically claim their SNX staking rewards on Optimism. As of right now, the integration enables stakers to claim their weekly rewards once their C-Ratio is above the target C-Ratio (as of right now, this is 350%) The functionality to enable automation utilizes the Synthetix Delegate function, … Read more
Nominations for the next epoch’s Synthetix Councils (Spartan, Grants, Treasury, and Ambassador Council) are now open! The epoch lasts for 3 months, from July 1st to September 1st. All elected council members will receive a monthly stipend from the Synthetix Treasury of 2,000 SNX per month. Nominations are closing on June 17th at 12AM UTC; … Read more
Later today, June 9th at ~5:00-6:00pm UTC, the Saiph release will begin. Here’s what’s included in this release: SIP-235: Update Issuer Modifier: Increases security for future Synthetix deployments for the onlyTrustedMinters modifier in Issuer SIP-238: Only allow token transfers via proxies: Allow users to interact with SNX, as well as synths, via their proxies, and … Read more
Synthetix has partnered with dHEDGE to deploy a one-click debt mirror index for SNX stakers on Optimism. Initially, this tool was launched onto mainnet, but it is now live on Optimism. With this tool, each staker can hedge their exposure to the debt pool. Main article points: dHEDGE & Toros Finance tool that helps automate … Read more
Fee Reclamation – A Quick Refresher Whenever a trade occurs on Synthetix on mainnet, there is a waiting period (10 mins). During this waiting period, users cannot exchange, transfer, or burn the Synth they have just traded into. This waiting period gives the oracles enough time to check the difference between the initial price and … Read more
Later today, ~June 2nd at 5pm UTC, the Kochab release will begin. Here’s what’s included in this release: SIP-246: Upgrade Collateral Shorts: Reenables shorting utilized by Synthetix partners. Fixes recently discovered accounting bugs in the contract, adds an owner function, and removes unused code. Last week an accounting bug in the Synthetix shorting contract was … Read more
Synthetix is stepping into the ring with its newest Spartan, Linn Sandstrom, an Australian female boxer with a story of her own to tell. We’re sponsoring @SandstromBoxer, in her fight for the WBC Australasia Title. Linn wasn’t always a Boxer. She started her athletic career playing professional table tennis in Sweden and recently transitioned into … Read more