Synthetix founder: If SNX stakers do not adopt the newly launched staking mechanism, they may be put under pressure
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Synthetix founder Kain Warwick stated that if SNX stakers do not adopt the newly launched staking mechanism to help address the sUSD de-pegging issue, he will wield a "big stick" against them. Currently, a sUSD staking mechanism has been implemented to solve the de-pegging problem, but he admits that the mechanism is currently very manual, without a proper user interface. Once the UI is launched and stakers do not cooperate, they may have to put pressure on stakers in the sUSD 420 liquidity pool. Additionally, a Synthetix spokesperson said that the short-term fluctuations of sUSD were caused by structural changes after the launch of SIP-420, and the sUSD 420 liquidity pool has deployed a new staking mechanism where participants who lock sUSD in the pool for a year will receive SNX token rewards over 12 months.
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