Synthetix Completes Liquidation of Old SNX Staking Positions and Promotes Perps v4 Upgrade

Odaily News Synthetix officially announced that the platform has completed the migration to the 420 staking pool according to the SCCP-403 proposal, and all old SNX staking positions have been liquidated. At the time of liquidation, the staking positions with a collateral ratio above 160% can be restored within 6 months, and the positions below 160% have been permanently liquidated. This adjustment paves the way for future products such as Perps v4 perpetual contracts and automated Vaults. Details of sUSD staking rewards and related rules will be announced in the coming weeks, and users can apply to participate in the test.