Synthetix
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Table of Contents
On April 28th, Synthetix announced that SCCP-293, which has been activated to update perpetual contract parameters, will significantly reduce Perps fees and increase the limit on o
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Synthetix Committee Elections: What You Need to Know
On April 17th, it was announced that the new round of election nominations for the Synthetix Committee (Spartan, Grants, Treasury, and Ambassadors Committee) will begin on April 17
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DWF Labs invests $20 million in Synthetix
According to reports, market makers and investment company DWF Labs are investing $20 million in the on-chain liquidity and derivatives trading agreement Synthetix. The committee of the Treasury Department of Synthetix announced by email on Monday that DWF Labs purchased the Synthetix native token SNX worth $15 million on March 16, followed by a further purchase of $5 million. Synthetix’s perpetual contracts will be integrated into the trading business of DWF Labs, with the aim of significantly increasing the volume of transactions under the agreement. Interpretation of this information: Market…
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DWF Labs will provide liquidity and market maker services for SNX
On March 17th, digital asset market makers and venture capital firm DWF Labs reached an agreement with the Synthetix Finance Committee to provide liquidity and market maker services to SNX on centralized and decentralized trading platforms. DWF Labs is committed to becoming a member of the Synthetix agreement in a variety of ways, including integrating and trading Synthetix perpetual contracts, participating in SNX governance during the Epoch election, and participating in community and product exchanges. Interpretation of this information: DWF Labs and Synthetix Finance Committee have reached an agreement to…