Synthetix to end SNX token inflation, shift focus to buybacks and burns

Synthetix to end SNX token inflation, shift focus to buybacks and burns

The community members at derivatives protocol Synthetix have approved a governance proposal SIP-2043, aimed at terminating SNX token inflation.

 

The cessation of inflation, including token buybacks and burns, set to be implemented in the protocol’s forthcoming Andromeda software release.

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