Synthetix deploys SIP-237 upgrade to simplify staking migration from Ethereum to Optimism
Synthetix has announced the implementation of SIP-237, an upgrade that allows users to migrate their staked SNX and sUSD debt to Optimism without having to burn existing sUSD debt, simplifying the staking experience. After migration, users will receive the same fee distribution every week regardless of where they stake.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Online gambling market to hit $161B in 5 years, new data reveals
WIFPERP now launched for USDC-M futures trading
XRP Rally Unstoppable: XRP, Which Has Surpassed All Altcoins One By One, Could Soon Surpass Ethereum! Here's Why!
Messari analyst Sam Ruskin claimed that XRP could also surpass Ethereum's market cap.