Synthetix’s Kain Warwick will launch an incentive plan on April 23, 2025, focusing on restoring the sUSD peg. This plan balances both positive incentives like staking and potential penalties, aiming to enhance the platform’s stability.
The SNX token is currently valued at 0.74 USD, with a market cap of 252,410,266 USD. Despite a recent 6.99% gain in 24 hours, it has fallen 53.24% in the last 90 days. Community sentiment varies, with concerns about a potential market downturn.
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