Synthetix Weekly - June 2nd 2021
Kwenta L2 Launch Plan
In the coming weeks, Kwenta will be launching on Optimistic Ethereum L2. Read the article outlining the different phases of the rollout here.
FAANG, MSFT & COIN Incentives Renewed
The FAANG and MSFT and COIN staking rewards have been renewed for a further two weeks. 2k SNX per week for two weeks for each of the Balancer pools. Stake those LP tokens!
ETH Wrappr Updates
SCCP-117 - Lower the Wrappr MintFeeRate to 5 bp from 25 bp
SCCP-118 - Increase Cap on Wrappr to 125k ETH from 100k ETH
SCCP-121 - Increase Cap on Wrappr to 175k ETH from 125k ETH
Fun fact: the ETH wrappr contract is now the 4th largest holder of wETH.
Staking on Mobile
After much anticipation by the community, staking on mobile is now live! Check it out in your favorite mobile dapp browser.
Synthetix Discord Audio AMA
This Friday June 4th at 3pm UTC an “Ask Me Anything” will be held in the Synthetix Discord. Several core contributors from Synthetix will be available to answer any questions you may have. If you have questions in advance please feel free to post them in the "#ama-questions" channel.
Synthetix Open DeFi Hackathon Winners
The grantsDAO announced the winners of the Synthetix bounties for the Open DeFi Hackathon. View the winners here.
Synthetix Ambassadors: UNI
Reminder: you can delegate your UNI to the Synthetix Ambassadors who in turn represent the Synthetix community's consensus on foreign governance matters. Delegate here.