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Synthetix deploys SIP-237 upgrade to simplify staking migration from Ethereum to Optimism

Synthetix deploys SIP-237 upgrade to simplify staking migration from Ethereum to Optimism

CointimeCointime2024/01/31 00:26
By:Cointime

Synthetix has announced the implementation of SIP-237, an upgrade that allows users to migrate their staked SNX and sUSD debt to Optimism without having to burn existing sUSD debt, simplifying the staking experience. After migration, users will receive the same fee distribution every week regardless of where they stake.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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