Synthetix has announced the launch of the "sUSD 420 Pool" program to address the decoupling issue of sUSD. This program will be launched within 36 hours and aims to encourage SNX stakers to deposit sUSD. A total of 5 million SNX will be distributed as rewards throughout the year, averaging approximately 13,698 SNX per day. Synthetix founder Kain referred to this as "the least bad immediate solution."

SUSD

PANews reported on April 18 that according to the Synthetix announcement, the platform will launch the "sUSD 420 Pool" in 36 hours to encourage SNX mortgagees to deposit sUSD to deal with its depegging problem. A total of 5 million SNX rewards will be issued throughout the year, with an average of about 13,698 SNX per day. Synthetix founder Kain called this "the least bad immediate solution."

Synthetix launches sUSD 420 pool plan to address the de-pegging issue, with annual rewards of 5 million SNX.