DeFiBullishCrypto Briefing · Jun 236/10
💎
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.
$SNX