Planet Daily News: Regarding the recent de-pegging of Synthetix's stablecoin sUSD, Synthetix founder Kain responded on X, stating that because the main driving factor for purchasing sUSD (debt management) has been eliminated, new mechanisms are being introduced, which may cause some fluctuations during this transition period. It is worth noting that sUSD is not an algorithmic stablecoin, but a purely crypto-asset-backed stablecoin. Its price may indeed fluctuate, but Synthetix has mechanisms to push the price back to its anchor during these fluctuations. These mechanisms are currently in transition, hence the temporary de-pegging. Kain also mentioned that he has been accumulating SNX this year. When SNX was launched in 2018, Kain held about 15 million tokens, and subsequently sold an average of about 1.8 million SNX annually (some years net selling, some years net buying). Now, he holds approximately 35 million SNX, making him the largest token holder. Additionally, Kain revealed that most of his funds came from selling ETH, having sold 90% of his ETH since the end of 2020.