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Synthetix

Synthetix

Synthetix to End SNX Token Inflation,
DeFi   -   Dec 13, 2023 Synthetix to End SNX Token Inflation, Shifting Incentive Strategy

Synthetix’s proposed SIP-2043 will halt SNX token inflation, transitioning to a buyback and burn model. This strategic shift is aimed at enhancing support for passive token holders and seeks to strengthen the incentives for purchasing and holding the token.

by Alexander Mardar
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DeFi   -   Dec 13, 2023 Synthetix to End SNX Token Inflation, Shifting Incentive Strategy
Synthetix to End SNX Token Inflation,

Synthetix’s proposed SIP-2043 will halt SNX token inflation, transitioning to a buyback and burn model. This strategic shift is aimed at enhancing support for passive token holders and seeks to strengthen the incentives for purchasing and holding the token.

by Alexander Mardar
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