Dear Synthetix Spartans, It’s been a wild couple weeks since our first issue in December. At one point, SNX was down nearly 50% from its highs and the network’s collateralization ratio was well under target. But, despite a couple of panicked sellers and Twitter skeptics, the team has kept building, while stakers and traders have nursed the network back to health.
Synthetix Insights: Issue 2
Synthetix Insights: Issue 2
Synthetix Insights: Issue 2
Dear Synthetix Spartans, It’s been a wild couple weeks since our first issue in December. At one point, SNX was down nearly 50% from its highs and the network’s collateralization ratio was well under target. But, despite a couple of panicked sellers and Twitter skeptics, the team has kept building, while stakers and traders have nursed the network back to health.