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
Daily Market Wrap | Jun.10 Daily Market Wrap | Jun.10
Daily Market Wrap | Apr. 20 Daily Market Wrap | Apr. 20
Daily Market Wrap | Apr. 02 Daily Market Wrap | Apr. 02
Daily Market Wrap | Mar. 20 Daily Market Wrap | Mar. 20
Daily Market Wrap | Feb. 17 Daily Market Wrap | Feb. 17
Latest News More More
16 Hours Ago Daily Market Wrap | Jun.12
1 Day Ago Daily Market Wrap | Jun.11
3 Days Ago Daily Market Wrap | Jun.09
4 Days Ago Daily Market Wrap | Jun.08
June 5 Daily Market Wrap | Jun.05
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open