Synthetix Report
#8: Covering October 22 - 29, 2019
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This is your weekly reminder to claim your SNX and sUSD rewards.
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PROTOCOL STATS
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THIS WEEK
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LAST WEEK
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W/W
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| Exchange Volume |
$67,687,485 |
$15,397,214 |
340% |
| sUSD Supply |
$6,782,097 |
$5,012,962 |
35% |
| Market Cap Of Synths |
$11,808,242 |
$9,537,270 |
24% |
| Active Traders |
239 |
207 |
15% |
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Collatoralization ratio below 750% target. The debt ratio is currently around 705%.
Synthetix Raises $3.8 Million from Framework Ventures. The majority of the tokens are escrowed for up to 24 months, and the firm is “committed to staking their SNX to contribute to the system by adding to the Synth supply, as well as through the community governance process.” -- via The Defiant
Inflation schedule informal voting. FrameworkVance has posted an informal vote on inflation methodologies in SIP-36. Watch the governance call replay for more information.
Kain responds to criticisms. The Block posted an article criticizing Synthetix network design. Kain's response.
Today's edition written by
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Caleb Sheridan
Co-founder, Blocklytics
Twitter |
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Top 10 Synths
Ranked by this week's exchange volume
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SYNTH
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VOLUME ▼
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TRADERS
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SUPPLY
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| ▲ 7 |
sTRX |
$32,116,949 |
15 |
$4,884 |
| ▲ 7 |
iBTC |
$19,535,964 |
20 |
$39 |
| ▼ 2 |
sBNB |
$17,987,297 |
23 |
$80,449 |
| ▲ 6 |
sBTC |
$11,981,564 |
79 |
$728,723 |
| ▼ 3 |
iBNB |
$11,090,691 |
6 |
$438 |
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sXTZ |
$10,130,736 |
9 |
$57,560 |
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sETH |
$9,941,778 |
152 |
$3,769,328 |
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iETH |
$8,275,806 |
14 |
$465 |
| ▼ 4 |
iXTZ |
$6,196,424 |
6 |
$162 |
| ▼ 4 |
sUSD |
$3,378,146 |
237 |
$6,782,097 |
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