Infinex Connect

"Make sure not to miss the upcoming SNX Governance Call on Tuesday... at 8 pm UTC. The agenda includes... Ecosystem Updates"

"... Synthetix plans to increase interest fees... to align with market rates."

Synthetix Network Token is entering a crucial phase of its v.3.0 rollout, which will introduce a new foundation and architecture for the protocol. The key changes include accelerating real yield by replacing inflationary SNX rewards with real yield from trading fees and a buyback/burn mechanism to reduce SNX supply. Additionally, sUSD will be backed by diverse assets like SNX, ETH, USDC, and yield-generating collateral, increasing scalability. The migration to v.3.0 will begin in June and be carried out in two phases. The first phase will involve SNX stakers on the Ethereum mainnet migrating in June. The second phase will extend the migration to Optimism SNX stakers after the Ethereum phase. The migration will be seamless, with SNX and sUSD in V2X being migrated 1:1 in v.3.0 without burning staker sUSD debt.

"... 7pm UTC! We're going live with @rage_trade to dive deep into their upcoming integration with Synthetix Perps V3 and their strategy..."

"Key dates to remember: | - Aug 17: Nominations open | - Aug 21: Voting begins | - Aug 30: Voting ends & nominations close."