SNX stakers can mint sUSD against their SNX and cumulatively form the “global debt pool”....Synthetix allowed those who held the native SNX token to mint stablecoins against it.

...synthetic derivatives platform that used endogenous collateral in the form of its governance token, SNX...SNX as sole collateral was highly capital inefficient model.

Ostium Ever since our team worked with @kaiynne and the SNX fam in 2019, we’ve been excited about giving...

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.

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.

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...

In this market note, Priyansh looks at the market dynamics and presents his views on LDO, DYDX, SNX,...

SNX stakers make up the collateral pool and are permitted to mint sUSD, which can be exchanged for other...Users can earn up to 30% in additional staking rewards by using the platform in various ways, including SNX...

...permissionless derivatives platform that democratizes access to the $630T derivatives market propelled SNX...As the sole form of collateral and recipient of platform fees, SNX features the most straightforward...A continued bear market coupled with DEX tailwinds could cause a flight to quality for tokens like SNX...

...permissionless derivatives platform that democratizes access to the $630T derivatives market propelled SNX...As the sole form of collateral and recipient of platform fees, SNX features the most straightforward...A continued bear market coupled with DEX tailwinds could cause a flight to quality for tokens like SNX...

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.

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.

In proposal SIP-189, the LUSD/sUSD wrapper was introduced to prevent the possibility of SNX stakers being...Synthetix (sUSD) sUSD is a synthetic stablecoin issued by staking Synthetix’s governance token, SNX....Furthermore, there is a 0.25% fee on burning and minting synthetic assets – all of which go to SNX stakers...

...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.

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.

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.

Synthetix is voting on a proposal to completely halt weekly SNX inflation – a potential solid catalyst...

Risk Parameter Update: This proposal updated the risk parameters for CRV, FEI, LINK, MKR, SNX, xSUSHI...