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evan 🎩
@evaniko
Hello friends! Interesting information. The proprietary stablecoin of the Synthetix protocol, Synthetix USD (sUSD), lost its peg to the US dollar and fell to $0.70. sUSD is a crypto—backed stablecoin. Users block Synthetix tokens (SNX) to create an asset, which makes its stability highly dependent on the market value of the branded token. Synthetix will launch a "sUSD 420 pool" to encourage SNX contributors to contribute sUSD to solve the problem of de-linking, which has been going on for several days. Do you have a sUSD? If you have, you can deposit sUSD to earn a share of 5m SNX over 12 months.
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cryptoseven
@cryptoseven
that's interesting. Thank you for the information 1460 $DEGEN
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