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Synthetix is launching the first perps DEX on Ethereum Mainnet. After years of experimentation across L2s, we're building a high-performance exchange on crypto's most secure settlement layer. 📖Read the full blog: https://blog.synthetix.io/synthetix-mainnet/ 🧵🔽
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Synthetix Mainnet
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Staking yields are heating up 🔥 Current APYs: 🔹 sUSD: 50.16% 🔹 SNX: 80.65% Find out how 🔽
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Billions in ETH and tokens move across Ethereum mainnet daily. Next up: billions in perps volume, settled directly on L1 with Synthetix.
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SCCP-409 has been approved, providing additional support for the sUSD peg. sUSD staking requirements for debt jubilee participants are increasing from 10% to 20%. For now, it's still possible to buy your required sUSD for under $1. Here’s what this means for you. 🧵🔽
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