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#snx-token News & Analysis

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DeFiBullishCrypto Briefing · 3h ago6/10
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Synthetix governance votes to retire sUSD, pay holders in SNX tokens

Synthetix governance has voted to retire its sUSD stablecoin, with holders to receive compensation in SNX tokens instead. This strategic pivot aims to streamline the protocol's focus toward perpetual futures trading, potentially opening pathways for new capital inflows.

Synthetix governance votes to retire sUSD, pay holders in SNX tokens
$SNX