Onchain Summer with Base Synthetix is excited to participate as a sponsor of the finance and trading tracks of Base’s Onchain Summer Buildathon. With the successful launch and growth of Synthetix V3 on Base, we’ve seen the power of the Base ecosystem and its builders. For the uninitiated, Synthetix V3 is a
SNXweave-Gov SNXweave Weekly Recap 138 May 22, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council, Core Contributors, and Ambassador Council from last week. 👉TLDR * Spartan Council sUSD peg discussion: Gene pointed out that it has dropped as low as $0.97, Kaleb proposed a solution to
perps v3 500k SNX Fee Rebates for Trading Perps V3 on Base The Synthetix Treasury will allocate up to 500,000 SNX for fee rebates on perps markets. The goal of this program is to onboard new traders, generate fees, and attract new liquidity providers to support trading Synthetix Perps on Base.
v3 Transitioning to Synthetix V3: Scaling sUSD & Migrating SNX Synthetix is undergoing a pivotal phase of the V3 rollout, introducing a new foundation and architecture for the protocol. This transition also marks a significant step towards enhancing the scalability and decentralization of the Synthetix stablecoin, sUSD.
SNXweave-Gov SNXweave Weekly Recap 137 May 15, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council, Core Contributors, and Ambassador Council from last week. 👉TLDR * Elections results * On-chain election system discussion: there will be two phases ⬇️ code is in audit for both * Phase 1: automatic assignment and
perps v3 USDC & SNX LP Incentives on Base Synthetix is launching USDC and SNX incentive programs on Base to boost liquidity provider collateral, which is crucial for expanding Synthetix V3 and Synthetix Perps V3 open interest and supported markets.
SNXweave-Gov SNXweave Weekly Recap 136 May 1, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * Elections: Voting is open now and will close May 5th, so get your votes in
perps v3 Synthetix Perps Launches 14 New Perpetual Futures Markets on Base The newly added markets include Bittensor (TAO), Chainlink (LINK), GMX (GMX), Injective Protocol (INJ), Axelar (AXL), Sui (SUI), Etherfi (ETHFI), (TIA), Stacks (STX), Arkham (ARKM), Toncoin (TON), Pendle (PENDLE), Gala (GALA), Book of Meme (BOME).
SNXweave-Gov SNXweave Weekly Recap 135 April 24, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * Synthetix Quarterly Report published last week * Elections: Voting begins today (Wednesday, April 24th) & SNXweave
SNXweave-Gov Synthetix Quarterly Report — Q1 2024 Quarterly Report for Synthetix, Quarter 1 of 2024: January — March. 👉Q1 Highlights ⭐ Spartan Council/CCs: Andromeda Scaling & L1 Perps ⭐ Grants Council: sUSD Bridge UI ⭐ Ambassador Council: OP Grants The first quarter of 2024 was a period of intense growth and development for Synthetix, marked by significant technical advancements and
Community Governance Call April 2024 The Synthetix community is invited to the community governance call on April 24th at 9 PM UTC. This call offers a vital opportunity to discuss the protocol's future, share insights, and learn more about upcoming updates.
Synthetix Council Elections April 2024 Synthetix Governance elections will begin tomorrow, April 18th. Your participation as a community member and staker is crucial, as it directly influences Synthetix's direction. Seats on the Spartan, Treasury, and Ambassador councils are open for election beginning tomorrow.
SNXweave-Gov SNXweave Weekly Recap 134 April 17, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * Elections: Nominations open tomorrow (April 18th) & voting begins next Wednesday (April 24th). SNXweave will
perps v3 Synthetix Perps Launches 12 New Perpetual Futures Markets on Base Synthetix is excited to announce the launch of twelve new perpetual futures markets on Base. The newly added markets include Optimism (OP), Ethena (ENA), Avalanche (AVAX), BNB (BNB), Thorchain (Rune), Polygon (Matic), Arbitrum (ARB), Bonk (BONK), Doge (DOGE), Fantom (FTM), Pepe (PEPE), Ordi (ORDI).
SNXweave-Gov SNXweave Weekly Recap 133 April 10, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * V3 LP app is now public and live on Base! * Andromeda: Currently ~ $20 million in
ETH Mainnet Legacy Spot Synth Migration As outlined in SIP-2059, Synthetix is deprecating the exchange of non-USD spot synths on Ethereum Mainnet (L1) and preparing to migrate users to the V3 system. This update requires action from users holding sETH, sBTC, or other spot synths besides sUSD
perps v3 New Synthetix Perps Markets on Base: SNX, SOL, WIF, and W Synthetix Perps has launched four new perpetual futures markets exclusively on Base: Synthetix (SNX), Solana (SOL), dogwifhat (WIF), and Wormhole (W).
perps v3 Synthetix V3 is live on Base Synthetix V3 is now live on Base. Users can deposit USDC to earn trading rewards and USDC/SNX LP incentives. Additionally, traders can begin trading Synthetix Perps.
SNXweave-Gov SNXweave Weekly Recap 132 April 3, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * Discussion regarding the STP to deploy Synthetix Perps on Solana: * Duck questioned whether the SC
SNXweave-Gov SNXweave Weekly Recap 131 March 27, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * SNX migration plan: * The V2X portion has been audited and released on L1 and the
Pyth Governance Distribution Following up on our prior blog post about the Pyth Governance Distribution, we are now providing the steps for users to participate.
SNXweave-Gov SNXweave Weekly Recap 130 March 20, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * SIP-364: Reconfigure Grants Council presentation recap * SIP-353: Improve Protocol Coordination presentation recap * SIP-367: Synthetix V3
SNXweave-Gov SNXweave Weekly Recap 129 March 13, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * V3 listing supermarket discussion: Burt asked which assets are appropriate for listing within supermarkets vs.
SNXweave-Gov SNXweave Weekly Recap 128 March 6, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. 👉TLDR * Andromeda volume has picked up, but it’s not yet pushing against the limited OI
perps New Synthetix Perps Markets: PENDLE, JUP, CVX, and STRK Synthetix is thrilled to introduce four new perpetual futures markets for leverage trading on Synthetix Perps. The newly added perpetual markets include Starknet (STRK), Convex Finance (CVX), Pendle (Pendle) and Jupiter (JUP).