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The Alnilam release

Synthetix is releasing new equity and cryptocurrency Synths on Thursday!

The Alnilam release

This Thursday (April 22, ~00:00 UTC) several new Synths are being added to the protocol. During this time, which is expected to take up to several hours, there is no expected downtime for the Synthetix protocol or any of the dApps that are powered by Synthetix.

Here's what is included in this release:

  • SIP-107: Add sCRV Synth — This SIP proposes to introduce a Synth tracking the price of the CRV token.
  • SIP-114: Add FAANG Synths — This SIP proposes to introduce sFB, sAMZN, sAAPL, sNFLX, and sGOOG synthetic assets that track the price of the shares of Facebook Inc, Amazon Inc, Apple Inc, Netflix Inc, and Alphabet Inc. respectively.
  • SIP-126: Add sRUNE and s1INCH Synths — This SIP proposes to introduce Synths tracking the price of the RUNE and 1INCH tokens.
  • SIP-127: Minimal proxies for virtual Synths — This SIP involves deploying a ERC-1167 Minimal Proxy instead of a full Virtual Synth contract when new Virtual Synths are created.

This release is called ‘Alnilam,' which like all releases is named after a star (in order of visual magnitude). If you've got any comments or questions about the release, please come join the conversation in Discord.