Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg. The “sUSD 420 Pool,”  Announced by founder Kain Warwick on X, the pool will reward participants…

Source and More information: Synthetix officially launches sUSD 420 Pool to tackle ongoing stablecoin issues

Author: BTCManager.com