If the proposal were to take effect, Synthetix would much more closely resemble a traditional business by simply generating fee revenue and distributing the proceeds to SNX holders.
Related Posts
Starknet to scale Bitcoin without forking or making new token, StarkWare says
StarkWare says its plan to expand its scaling technology to the Bitcoin network won’t result in forking Starknet…
JPMorgan reports GBTC sell declining, highlights ETF record outflows
Analysts at JPMorgan have indicated a potential easing in the selling pressure on Bitcoin, as the bulk of…
Unstoppable Domains launches instant messaging with XMTP
Unstoppable Domains now allows owners of .crypto, .polygon and other Web3 usernames to send messages to each other…