TechFlow, April 23 — According to Synthetix founder Kain.eth, to address the sUSD de-peg issue, Synthetix will restore sUSD's peg through positive incentives such as SNX token rewards and stablecoin pools, as well as negative incentives like debt deposit ratios.
In addition, Synthetix plans to launch its Perpetuals V4 version on the Ethereum mainnet, featuring off-chain order matching, batch L1 settlement, and multi-collateral support. The project will also introduce a dedicated appchain called snaxChain and plans to mint 170 million new SNX tokens for incentives. The new version is expected to be deployed on mainnet by the end of Q2 this year.
Coinmarketcap data shows that sUSD is currently trading at $5.9, remaining in a state of severe de-peg.
