News/Synthetix and Gelato Partner to Launch Automated Claiming of $SNX Staking Rewards

Synthetix and Gelato Partner to Launch Automated Claiming of $SNX Staking Rewards

Jul 29,2022,15:48
The synthetic asset protocol Synthetix has partnered with Gelato to launch a new feature that allows stakers to automatically claim their $SNX staking rewards on Optimism. Currently, the integration enables stakers to claim their weekly rewards once their C-Ratio is above the target C-Ratio (as of right now, this is 350%). In addition, If users are below the target and have enough sUSD in their wallet to burn to the target, then gelato will burn sUSD and then claim their pending $SNX rewards.
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