Synthetix ⚔️
@synthetix_io
Onchain leverage with deep liquidity for over 100+ markets.
One day, we’ll stop calling it “DeFi.” It’ll just be finance.
We're building perps directly on Ethereum Mainnet. How's that for an idea?
0/ Share your moonshot ideas. What do you want to build on Ethereum over the next decade?
Synthetix Weekly Recap! @synthetix_io ⚔️ Staking updates ⚔️ Mainnet launch update ⚔️ L2 deprecations Podcast: youtube.com/watch?v=IB-Tq5… BLOG🔗 blog.synthetix.io/snxweave-weekl…
Dear Ethereum Mainnet, We left you for other chains. We thought we needed someone else. We were wrong. You're still the only chain that matters. The only one people trust with real money. We're coming home.
The L2 experiment is over. The future is L1.
Almost exactly 50% of stake is voting to increase the L1 gas limit to 45m. The gas limit is already starting to increase, now at 37.3m.
Recently the largest sUSD position on Optimism (4.5M) was unwound, with treasury buying back a majority from the holder. As we finalise our migration back to Mainnet, Optimism is the last L2 to be deprecated. We have plans to help restore the peg once this migration is complete.
The Synthetix Quarterly Report is here‼️ Read below to see what the protocol has been up to these last few months👇 blog.synthetix.io/synthetix-quar…
Rewards for sUSD depositors on @infinex have been extended 🧃 Deposit sUSD, earn your share of 12,000 OP tokens every week, and unlock raffle prizes like Infinex Patron NFTs, ETH, and SNX. Learn more below. 🧵🔽
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