Synthetix 
In the next 24 hours (September 16, ~10:00 UTC), a number of synths will be deprecated as communicated previously. With SIP-174 now implemented, synth deprecations will be a much simpler and smoother process than in the past (see here for more details). During this release, there will be no downtime. Here’s what’s included in this … Read more
Later today (September 13, ~08:00 UTC), several new updates will be added to the protocol. During this release, there will be no downtime. Here’s what’s included in this release: SIP-142 – Deprecating EtherCollateral loans: Will officially deprecate old loan contracts that have already been wound down. SIP-145 – Debt Cache Event Consistency: Fixes an incorrect … Read more
Later today (September 13, ~08:00 UTC), several new updates will be added to the protocol. During this release, there will be no downtime. Here’s what’s included in this release: SIP-142 – Deprecating EtherCollateral loans: Will officially deprecate old loan contracts that have already been wound down. SIP-145 – Debt Cache Event Consistency: Fixes an incorrect … Read more
As part of our rollout on the Optimistic Ξthereum L2, a number of synths will be deprecated on L1 and subject to a re-listing process for L2 (as per SIP-169). The synths to be deprecated include: s1INCH, sXTZ, sGOOG, sAMZN, sAAPL, sCOIN, sCOMP, sCRV, sDASH, sEOS, sETC, sFTSE, sFB, sLTC, sMSFT, sXMR, sNFLX, sNIKKEI, sREN, … Read more
July was another exciting month in Synthetix Land! Here are some of the highlights: Layer 2 updates The main update here is that synth exchanges went live on L2 last month! This is one of the biggest steps toward offering a more complete version of Synthetix on the Optimistic Ξthereum L2. In this initial testing … Read more
After much anticipation, synth exchanges are now live on the Optimistic Ξthereum L2! Head on over to Kwenta now to give it a try! In this initial testing phase, exchanges will be enabled for sUSD, sBTC, sETH, and sLINK. This release is part of a continual phased rollout of the Synthetix protocol on OΞ. From … Read more
The next Synthetix community governance call is scheduled for July 28 at noon UTC, 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 updates Ops, hiring, partnerships L2 exchanges updates L2 rollout going forward Futures update s sDAO deprecation updates … Read more
The UX/UI Designer Challenge announced in early June has been successfully completed and finalised! As promised, the selected Top 10 candidates have already been contacted and will be rewarded with 200 SNX, while 2 of them will be joining Synthetix and Kwenta as full-time core contributors and will get an additional 800 SNX for their … Read more
Up until now, gas fees on L2 have been subsidized by Optimism. Starting this week though, users will have to pay gas fees to transact on L2 (~50-100x cheaper than L1 depending on the transaction type). In the coming days, Optimism will also no longer be relaying user withdrawals from L2, so this will have … Read more
Monthly updates are back! Here to provide a regular infusion of Soonthetix energy, and June was certainly another exciting month for the Synthetix community. This month, further progress was made on our L2 deployment, we are closer than ever to trading on the OE L2 with futures not far behind, governance continued to evolve in … Read more