Kwenta right now doesn’t receive any of the fees from the Synthetix perps, all those pass through to SNX...All you can do on Synthetix v3 right now is go and mint SNX USD and not really do anything with it....26:45 • Jordan Right now, I would say SNX is the coolest, right?...The way that the Synthetix eco works is that you have the SNX stakers and they mint sUSD.

SNX: On the surface, one of the more attractive aspects of SNX is the near parity of the circulating...SNX still utilizes a weekly inflation regimen that serves as a subsidy for SNX stakers....SNX is the only example of this fee structure....SNX is the sole accepted form of collateral.

Initially, all traders were SNX stakers....One was Mintr, which enabled SNX staking to mint sUSD....As Kwenta uses Synthetix liquidity, every trade is against the SNX debt pool which results in SNX holders...Exchange fees are sent to SNX stakers as rewards....SNX staking fees will likely be bolstered by this.

SNX The Weekly View On the weekly timeframe, SNX is right in the middle of the immediate resistance...SNX has been consolidating at these levels for quite some time, which suggests that a break in either...However, those targets are far away, and until SNX can break through the current resistance, a range...

This has helped push $SNX prices upwards as more users mint synthetic assets with their $SNX stake....Additionally, Kwenta is allocating 30% to SNX stakers who were active between Sept 2021 and Feb 2022.

So when users stake SNX and mint sUSD against it, they have to constantly position themselves to mimic...user, it’s clear that Synthetix is a whale dominated exchange with a few large traders who are also SNX...

SNX)....CryptoEvolution Thematic Insights posts Recent Kyber QuickTake Institutional Subscribers  SNX...

Currently, >90% of TVL on Optimism originates from SNX deposits ($73M), of which ~5.4M SNX ($60M)...This limits synth minting to only 1/10th of the staked SNX value.

SCCP-142: This proposal increases Synthetix L2 inflationary rewards from 50k SNX to 75k SNX per week....The goal of this is proposal is to incentivize minters to move their SNX stake to their L2....SCCP-145: In an effort to drive more value to SNX stakers, Synthetix voted to increase the minting fee...

SNX, YFI, and REN have been laggards, mostly due to a lack of short to mid term catalysts.

Starting in March 2019, users could stake SNX to mint synths and in return received 1 year escrowed SNX...This has resulted in me interacting with the SNX community more and more.

SNX The SNX token in its current form has perhaps the most straightforward and sustainable value accrual...likely be onboarded for snxUSD, undermining the dominant role of SNX in the ecosystem and forcing it...While the SNX model is perhaps most theoretically sound model, is doesn’t come without issues.

This revenue goes to SNX stakers....The revenue/token inflation ratio is difficult to determine due to the erratic claiming schedule of SNX...There is a value accrual mechanism in place, as SNX stakers earn trading fees during each epoch....SNX staking is one of few value-accruing token sinks that also requires stakers to take on a specific...

SNX stakers make up the collateral pool and are permitted to mint sUSD, which can be exchanged for other...At ETH’s ATH of $4.8K, the same transaction would have required $39.2K of SNX....This suggests that Lyra is not only an asymmetric bet on SNX/USD, but a bet on SNX/liquidity-weighted...SNX growth has seldom correlated with sUSD supply growth.

...composition of the index will remain relatively unchanged in the transition, consisting of CVP, YFI, SNX...

A high-yielding token has material effects on bootstrapping a community (SNX), which many argue is the...

The campaign consists of SNX staking rewards, liquidity mining rewards for Curve sUSD liquidity, and...will give users inflationary rewards and voting power in the DAO. 30% of the supply is allocated to SNX...

You also don’t need to use $MIR to mint mAssets like you do with $SNX for their synths....As we explained in our Synthetix report from August 2019, when you stake your SNX you’re effectively...This means that longs and shorts would balance each other out so that SNX stakers aren’t at risk when...

ASSY”, this is a more concentrated index focused on some of the more popular DeFi blue chips (AAVE, SNX...SNX: Mints sUSD and supplys it to Curve SUSHI: With SushiSwap enabling the staking of SUSHI in the form...

...on Optimism have announced their OP distribution to community members: Synthetix will airdrop 6M to SNX...stakers over the next 6 months and 3M to SNX/USD liquidity providers and other incentives.