{"id":664109,"date":"2025-04-21T10:11:39","date_gmt":"2025-04-21T07:11:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/synthetix-founder-threatens-snx-stakers-with-the-stick-to-fix-susd-depeg\/"},"modified":"2025-04-21T10:11:39","modified_gmt":"2025-04-21T07:11:39","slug":"synthetix-founder-threatens-snx-stakers-with-the-stick-to-fix-susd-depeg","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/synthetix-founder-threatens-snx-stakers-with-the-stick-to-fix-susd-depeg\/","title":{"rendered":"Synthetix founder threatens SNX stakers with \u2018the stick\u2019 to fix SUSD depeg"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjU2MmItMTA5OC03ZmQzLTlhZGYtYTRmZmMxNDhmMjhm.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>A Synthetix spokesperson told Cointelegraph on April 18 that sUSD\u2019s volatility was driven by \u201cstructural shifts\u201d after the SIP-420 launch.<\/p>\n<p><p>Synthetix founder Kain Warwick has threatened SNX stakers with \u201cthe stick\u201d if they don\u2019t take up a newly launched staking mechanism to help fix the protocol\u2019s ongoing sUSD (SUSD) depeg.<\/p>\n<p>Warwick <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/kaiynne\/status\/1914114964463472763\" rel=\"null\" target=\"null\" title=\"null\">said<\/a> in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently \u201cvery manual\u201d without a proper user interface.\u00a0<\/p>\n<p>However, once the UI goes live, Warwick said, if there isn\u2019t enough momentum, then they may have to \u201cratchet up the pressure\u201d on the stakers in the sUSD 420 pool.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/kain-threatens-snx-stakers-with-the-stick-fix-susd-depeg?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Synthetix spokesperson told Cointelegraph on April 18 that sUSD\u2019s volatility was driven by \u201cstructural shifts\u201d after the SIP-420 launch. Synthetix founder Kain Warwick has threatened SNX stakers with \u201cthe stick\u201d if they don\u2019t take up a newly launched staking mechanism to help fix the protocol\u2019s ongoing sUSD (SUSD) depeg. Warwick said in an April&#8230;<\/p>\n","protected":false},"author":1,"featured_media":664110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/0196562b-1098-7fd3-9adf-a4ffc148f28f","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74863,74868,76153,75493,133582,127139,74355],"class_list":["post-664109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-cryptocurrencies","tag-defi","tag-dollar","tag-stablecoin","tag-staking","tag-synthetix","tag-adoption"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/664109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=664109"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/664109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/664110"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=664109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=664109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=664109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}