avatar

Synthetic Asset Protocol Synthetix Updated to Algol Version

The synthetic asset protocol Synthetix has been upgraded to the Algol version. This version adds SIP-251, which sets the liquidation penalty percentage of collateral loans and the forced liquidation penalty percentage of $SNX stakers at 10% and 30%, respectively.
Source

Synthetix

Derivatives

DeFi

In This Article

Related News
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Synthetix develops own blockchain on Optimism's Superchain infrastructure Synthetix develops own blockchain on Optimism's Superchain infrastructure
Latest News More More
3 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
3 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
4 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
4 Days Ago Binance Records $3.97B Weekly Inflows
4 Days Ago MEXC Partners With Hacken to Increase Security Standards

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open