News/Synthetix Will Launch Debt Pool Synthesis

Synthetix Will Launch Debt Pool Synthesis

Mar 14,2022,10:42
The synthetic asset protocol Synthetix will launch Debt Pool Synthesis, a merging of debt pools from the Ethereum mainnet and Optimism networks. Debt Pool Synthesis allows the protocol to have fungibility on both L1 and L2. When the merger is completed, $SNX inflationary Staking Rewards will be provided proportionally to all stakers. There will be no $SNX reward difference between staking on Optimism or Mainnet Ethereum. $sUSD (trading) fees will still be rewarded based on network staked. Debt Hedging will no longer rely on debt on the network users staking on; it will depend on the synthesized debt pool.
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