🎯 LOT Newcomer Limited-Time Airdrop is Live!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Synthetix will restore the sUSD peg to 1 USD, which will increase the collateral requirement for the 420 pool.
Odaily News Synthetix announced that its stablecoin sUSD will be restored to the target of 1 USD, and starting from June 2 at 23:59 UTC, SNX debt collateral users will be required to increase the sUSD collateral ratio in Pool 420 from 10% to 20%, otherwise debt exemptions will be suspended. Previously, due to user dumping, sUSD once fell to 0.70 USD. The official stated that restoring the peg will help advance the SIP-420 proposal and the subsequent deployment of v4 contracts on the Ethereum Mainnet.