Back To Top

April 21, 2025

Synthetix Founder Urges SNX Stakers to Adopt New Protocol to Maintain Stability

Kain Warwick, founder of Synthetix, has issued a timely warning to SNX stakers regarding the importance of adopting a new staking mechanism. This mechanism is designed to stabilize the dollar peg of the protocol’s stablecoin, sUSD. The message highlights the necessity for SNX stakers to embrace these changes to avoid potential negative consequences. As the crypto market evolves, proactive measures are essential to ensure the long-term viability of projects within the ecosystem. The call to action from Warwick emphasizes the ongoing need for adaptation and responsiveness to market demands.

Prev Post

Pound to New Zealand Dollar Forecast: GBP/NZD Might Drop to…

Next Post

Pound US Dollar Exchange Rate Forecast: GBP/USD Climbs to 1.34

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment