Introducing Snaxpot: Trade a Little, Win a Lot ⚔️
Snaxpot is a weekly rewards program that gives back to traders on Synthetix Perps.
Trade on Synthetix now for your chance to win a $500,000 prize pool.
Here's how it works 🧵⬇️
This week's Snaxpot draw has concluded!
🔹41 winning tickets
🔹$328 in prizes won
🔹All on Ethereum Mainnet
Every week, a $500,000 grand prize goes on the line!
Trade for your chance to win: exchange.synthetix.io/snaxpot
Step 1: Deposit ETH as collateral
Step 2: Trade ETH with ETH on Ethereum
Step 3: Infinitely loop the ETH stack to billions
Step 4: Buy island(s) with the profits
ETH as margin is now live on Synthetix ⚔️
Kickstart a virtuous flywheel with ETH collateral:
🔹 Use $ETH to trade ETH on Ethereum
🔹 Execute seamless basis trades
🔹 Drives real revenue on Mainnet
🔹 No bridge or deposit risk
Synthetix. Every trade lives on Ethereum.
Referrals are now live on Synthetix ⚔️
1. Create an account
2. Refer friends
3. Earn 25% of their trading fees
4. Everyone you invite gets a 5% discount on fees
Learn more 🔽
📘 blog.synthetix.io/referrals-rewa…
ETH as margin is now live on Synthetix ⚔️
Kickstart a virtuous flywheel with ETH collateral:
🔹 Use $ETH to trade ETH on Ethereum
🔹 Execute seamless basis trades
🔹 Drives real revenue on Mainnet
🔹 No bridge or deposit risk
Synthetix. Every trade lives on Ethereum.
This week's Snaxpot draw is now complete!
🔹32 winning tickets
🔹$328 in prizes won
🔹All on Ethereum Mainnet
Every week, a $500,000 grand prize goes on the line!
Trade for your chance to win: exchange.synthetix.io
New Synthetix Improvement Proposal:
SIP-423 has been proposed to retire legacy sUSD and reform 420 Pool Staking
Summary:
SIP-423 proposes retiring legacy sUSD, restructuring the Debt Jubilee, and reforming SNX staking to establish a sustainable long-term foundation for
Synthetix is the only perp dex on Ethereum mainnet
🔹 No bridge or deposit risk
🔹 Deposit USDT or ETH as collateral
🔹 Trade with the security of Ethereum
🔹 Earn high-variance fee rewards with Snaxpot
It's time to trade on Synthetix