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Mentions — Jun 17, 2026 – Jun 23, 2026

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Crypto Briefinggovernance perpetual futures susd synthetix

Synthetix governance votes to retire sUSD, pay holders in SNX tokens

The retirement of sUSD and compensation in SNX may enhance Synthetix's focus on perpetual futures, potentially attracting new investments. The post Synthetix governance votes to retire sUSD, pay holders in SNX tokens appeared first on Crypto Briefing.

Jun 23, 2:06 AM

The Defiantgovernance contract stablecoin holders

Synthetix Governance Votes to Retire sUSD, Pay Holders in Vested SNX

Synthetix governance has moved to retire sUSD entirely under SIP-423, introduced June 12. The proposal would freeze the stablecoin contract and pay all holders back at face value in vested SNX at a conversion of four SNX per sUSD. A companion SIP-424 covering technical implementation is pending.

Jun 23, 1:43 AM