📉 sUSD, the stablecoin of Synthetix, has fallen to $0.83, its lowest level in five years. The stability of sUSD depends on the value of SNX, raising concerns about a "death spiral" similar to TerraUSD. Although there is $30 million in reserve to prevent a crash, volatility continues. Synthetix founder Kain Warwick is confident in the recovery mechanisms, but the transitional period brings instability.