TechFlow news: Synthetix plans to migrate to version V3 in June, and will launch sUSD incentive programs next week. Key changes include:
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Accelerating real yield: V3 replaces inflationary SNX rewards with real yield from trading fees and a buyback/burn mechanism to reduce SNX supply.
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sUSD collateral: sUSD will be backed by a diversified basket of assets including SNX, ETH, USDC, and yield-generating collateral, enhancing scalability.
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Simplified LPing: Delta-neutral design for Synthetix Perps and spot markets makes participation easier.
sUSD incentive details:
Velodrome (Optimism): Weekly addition of 10,000 OP to sUSD/USDC liquidity;
CurveFinance (Ethereum): Weekly addition of 20,000 SNX to the sUSD liquidity pool.
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