Latest News for: snx

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Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg

BitRSS 21 Apr 2025
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg.Warwick said in an April 21 post to X that... .
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SNX Price Soars 7% as Synthetix Founder Talks Tough on sUSD Depeg Fix

Coinspeaker 21 Apr 2025
SNX Price Soars 7% as Synthetix Founder Talks Tough on sUSD Depeg Fix. The price of Synthetix’s native token SNX Snx $0.68 24h volatility ... SNX has formed a falling wedge pattern ... SNX Price Chart ... sUSD is an algo-stable backed by staked SNX.
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Synthetix stablecoin sUSD de-pegged, falling under $0.90

Cryptopolitan 10 Apr 2025
The current event arrives after Synthetix doubled the supply of sUSD in one month, by encouraging SNX token staking ... Every SNX owner that deposits into the 420 pool will have their debt forgiven over a 12-month period.
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Unveiling Synthetix Founder’s Insight: Understanding the Recent sUSD Depeg and SNX Update

Bitcoin World 02 Apr 2025
Let’s consider the rationale behind this SNX update ... What Does This Mean for SNX Holders? ... Delve into the details of the SNX update and the new debt management mechanism as more information becomes available.
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