synthetix – Page 2

Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion […]

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Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement

SNX price got a boost after the project geared up for participation in the L2 Curve Wars and Optimism airdrop hunters engaged with the protocol.

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Optimism-based projects spike on rumors of token airdrop

“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism.

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Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing

Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance.

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Synthetix commence debt pool merger to enhance liquidity and staking capabilities

The merger of L1 and L2 debt pools is just one of a number of upgrades slated for this week within the Synthetix ecosystem.

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While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support

Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains. Today’s Most Popular Dapps Support More Than One […]