Synthetix plans to migrate to the V3 version in June and will launch the sUSD incentive sUSD incentive next week. Major changes include:
- Accelerating real earnings: V3 replaces inflationary SNX rewards with real earnings from transaction fees and a buyback/burn mechanism to reduce SNX supply.
- sUSD Collateral: sUSD will be backed by multiple assets including SNX, ETH, USDC, and yield-generating collateral, increasing scalability.
- Simplified LPing: The delta-neutral design of Synthetix Perps and spot markets makes participation easier.
sUSD incentives include:
Velodrome (Optimism): sUSD/USDC liquidity increases by 10,000 OP every week;
CurveFinance (Ethereum): sUSD liquidity pool increases by 20,000 SNX weekly.
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