Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Kwenta is a trading interface for perpetuals and options that integrates with Synthetix and Lyra Protocol. Base Andromeda. The key decentralized councils and DAOs are the - Spartan Council, Treasury Council, Ambassador Council, and Grants Council. Spot markets powered by Synthetix V3 allow anyone to exchange the V3 protocol’s stablecoin with a synthetic asset (or “synth”). Synthetix Governance DAO is responsible for the governance of Synthetix, a platform that enables the creation and trading of synthetic assets. Lastly, Synthetix and Synthetix Ambassadors do not have a history of selling any Optimism tokens, nor using them for unintended uses, or anything along those lines. This is a huge milestone for the project as it marks the first phase of the transition to decentralised governance. Powering the next. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Docs. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. For one, Synthetix incorporates six different DAOs designed to play specified governance roles within the Synthethix ecosystem. Synthetix started out as a stablecoin, before pivoting to DeFi. We know the DAO decided to implement the Pyth Oracle. Stats. Lastly, Synthetix and Synthetix Ambassadors do not have a history of selling any Optimism tokens, nor using them for unintended uses, or anything along those lines. nominations. Governance. Some examples of assets that the platform supports are synthetic fiat currencies (sUSD, sAUD, sKRW, etc. 125: Create synths for top traded US stock index etfs: FinanceGuy82415. SIP-141 formalizes the responsibilities and role of the grantsDAO, and also lays out plans to expand the scope of initiatives supported by the grantsDAO. The only user interfaces maintained by Synthetix DAO are the governance and staking interfaces herein. Engineers are now working on reflecting this in the backend/frontend for the Synthetix Governance Module. Governance. Synthetix is a decentralized liquidity provisioning protocol built on Ethereum and Optimistic Ethereum (a layer two scaling solution built on Ethereum). Powering the next. The protocol and ecosystem is more broadly maintained and improved by a combination of core contributors, ecosystem partners, and community members. View the history of past council elections and vote in any currently open elections. Earlier this month, SNX witnessed its largest drop and lowest TVL to date at $420 million as the DeFi crash led to several SNX stakers being liquidated. SYNTHETIX FORUM View the voting history of all governance proposals. The process for adding new Synths to Synthetix is based on demand, liquidity, and volatility. ) to a committee of ambassadors focused on furthering. As early adopters of delegate governance structure and early participants in Synthetix governance structure, we find us to be a good fit for this initiative. The Synthetix Network token (SNX) incentivizes coordination and growth within the Synthetix Network. Blog. It further suggests deploying Andromeda to Optimism and Arbitrum, and deploying Carina (ETH-only backed Perps) to Ethereum. Synthetix Governance. Synthetix stakers do not have to participate in governance farming, although ecosystem rooms may be deployed to boost voting power. One of the world’s leading Web3 accelerators with the strongest network in Asia, LongHashX partners with ecosystems like Filecoin, Polkadot, Axelar, and Algorand to empower founders to build top-class Web3 native projects. Stats. In 2019, an additional $3. g. [00:22:25] The difference between the Synthetix DAO governance and typical corporate governance is that the people who are operating a company or a corporation. Developer FAQ. The Liquidity Layer of DeFi. Once the collateral is deposited, users can mint sUSD up to the collateralization ratio set by the governance. Elections. Sep 1, 2020 • 2 min read. com Synthetix Weekly - September 22nd 2021Governance Framework. Synthetix staking is vastly different from other DeFi protocols; it allows anyone to earn rewards by contributing collateral (SNX) to the Synthetix protocol. Docs. Gating off incentives for just Synthetix, or using this governance power for only SNX Ecosystem projects or the like would’ve been an incredibly poor idea. Synths comply with the ERC-20 standard, which means they are compatible with an enormous number of. Synthetix is a platform that widens the horizon of existing trading capabilities. Contribute to Synthetixio/SIPs development by creating an account on GitHub. Synthetix Governance: A representative council system that governs Synthetix. The Synthetix protocol is governed by a decentralized set of representative councils that are voted on by stakers. So the tokenomic leverage of this mechanism in the protocol is between 3 and 5, depending on the current collateral requirement. Click here to view original web page at blog. Aave, Compound,. The Liquidity Layer of DeFi. Protocol Information. Councils are directly elected by SNX stakers, while other governance bodies are appointed according to the existing governance procedures. So you know, the CEO and those people on down are. Besides governance, Synthetix also has to contend with increasing regulatory scrutiny of a core part of its offering—tokenized stocks. Perps. The Spartan. Staking Guide. The top 20 protocols by total gas fees generated received a delegation of idle tokens from OP as a part of this program. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. Interested in learning more about Synthetix and its plans for the future? Make sure to RSVP to the call to hear from SNX core contributors, council members, and. – Uniswap. Blog. Synthetix Governance: A representative council system that governs Synthetix. It is important to note that there is a blog post detailing. lens Is your protocol OP Native?: No, QiDao is a multi-chain protocol Was your protocol active in Optimism governance prior to 12/5/22?: Yes If so, please link to. Optimism migration. Each trade generates an exchange fee that is sent to a fee pool, available for stakers to claim their proportion each week. Each governance component is assigned a specific aspect of protocol governance. For example, Synthetix uses our API to power their council member pages, which you can find here: Synthetix | Governance V3; Happy to hop on a call to discuss options and figure out how best to partner! Feel free to respond here, DM, or happy to share my Telegram. Name: Decentralized Mind aka cryptologist98. The rules and parameters associated with the Synthetix protocol and Synthetix DAO governance are subject to change at any time. The Liquidity Layer of DeFi. The token economics look good, as a high percentage belongs to investors. Synthetix DAO does not unilaterally offer, maintain, operate, administer, or control any trading interfaces. The decision to leverage Synthetix governance relied on the past success of Thales and Kwenta in establishing independent communities. Do you agree to abide by the delegate code of conduct: (Yes / No) Yes. The Liquidity Layer of DeFi. Synthetix is a derivatives liquidity. Treasury Council (4 members) - The Treasury Council (TC) manages the synthetix treasury and provides funding to the other governance bodies, cc stipend payments, and other discretionary incentives. Name. Stats. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. January 18, 2022 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week. Initially, Synthetix governance participation was limited, meaning the project was partially decentralized. Voting power is exclusively determined based on participation in the Synthetix V2 protocol. Kain Warwick, founder of Synthetix, and Ben Jones, cofounder and chief scientist at Optimism Foundation, discuss the current state of Ethereum Layer 2s, Optimism’s new governance structure, why Synthetix chose to build on Optimism, and more. Users pool funds into. Asset: SNX. revmiller December 30, 2022, 10:20pm 4. Powering the next. Elections and Voting. If you haven't already, join the Kwenta community on Discord. Market Development Guide. Shorting ( SIP-135) and Futures ( SIP-80) will follow soon. 12% went to the Synthetix Foundation (later transitioned into DAOs). Synthetix Governance. Synthetix founder Kain Warwick spoke with Decrypt's Dan Roberts all about DeFi governance and its challenges, his problems with voting platforms like Snapshot, DAO fatigue, regulation and the SEC, and stablecoins onstage at Chainlink SmartCon 2022. Sandbox with Perps. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. 💡Staking variables change regularly based on governance action. [1] Synthetic. All. These markets were approved by governance in SIP 2031 and had initial configurable values set by SCCP-2044. Created: December 24th, 2022. . Further, my experience over the last year and a half participating as a member of the Synthetix and Lyra grants councils has provided experience in governance and vetting public goods funding. 5% went to partners. The Synthetix Protocol has several governing bodies and artifacts which co-exist to enable the decentralized nature of the protocol. The platform was founded in 2017 by Kain Warwick and has experienced notable growth, establishing itself as one of the prominent platforms within the decentralized finance (DeFi) ecosystem. As early adopters of delegate governance structure and early participants in Synthetix governance structure, we find us to be a good fit for this initiative. Do you agree to abide by the delegate code of conduct: (Yes / No) Yes. Perps V3. “Inflation was intended to bootstrap the network, it has done this extremely. Powering the next. How to write SIP/SCCPs. LiFi and Uniswap have collaborated to launch a multi-bridge governance solution, allowing users to vote on governance proposals through a cross-chain messaging system. During this time, Gauntlet will provide risk management coverage for all Aave v2 and v3 markets using its. Protocol Governance. The protocol and ecosystem is more broadly maintained and improved by a combination of core contributors, ecosystem partners, and community members. 63, while Synthetix's lowest price was recorded on Jan 5, 2019 when it. Staking App. Stats. 208b: SNX Price. Staking App. The Spartan Council will schedule in a. Governance: Synthetix is governed, maintained and built by a combination of community members, core contributors, and several elected committees and councils that are voted on by SNX stakers. 4% discount to its all-time high. Docs. Binance. 25, Kain Warwick, the founder of Synthetix, published a proposal advocating for capping the SNX supply at 300M tokens in two and a half months. Messari is hiring! Join our mission to organize and contextualize all crypto information at a global scaleSeptember 10, 2021 The following post contains a recap of news, projects, and important updates from the Spartan Council and core contributors this week, as well as some performance highlights of those involved in governance. The Liquidity Layer of DeFi. Perps. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. However, properties such as trustlessness and immutability aren’t only useful in monetary applications. Perps. Elections. request collateral from an existing Pool OR. Votes. For Liquidity Pool Managers. This new architecture minimizes complexity during releases, provides a novel way of overcoming the EVM's smart contract size limits, and makes system upgrades very explicit to the. Initially, Aelin v1 will be governed by the Aelin Council, a DAO which will be voted on by SNX. Synthetix is excited to announce the addition of stETH/ETH perpetual futures markets, now available for leverage trading via Synthetix Perps. Please list any anticipated conflicts of interest: NoneThe following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week…With the next epoch of Synthetix governance beginning on August 30th and the testnet release of Perps v3, details of these plans should be released within the first couple weeks of September and be settled before the end of the same month. Perps. Q2 Highlights ⭐ Spartan Council/CCs: V3 Audit & $10B Volume Milestone ⭐ Grants Council: Funding Rate Bot & Stats Bot ⭐ Ambassador Council: OP Governance Participation & Integrations We are only halfway through 2023 and the Core Contributors (CCs) have already made massive strides towards Synthetix is a decentralized liquidity provisioning protocol built on Ethereum and Optimistic Ethereum (a layer two scaling solution built on Ethereum). Synthetix V3 features a generalized collateral vault system that is agnostic to collateral types. Governance. . SNX tokens are up more than 500% in price so far this year. According to the update, the latest development involves the rollout of the new Synthetix V3 governance module. 🏛 Governance. SYNTHETIX GOVERNANCE. Synthetix governance decides this collateralization requirement, but it generally stays between 300% and 500%. Unique to Synthetix is the ability for liquidity pool managers to configure these pools to extend credit to derivatives markets. The Synthetix protocol is governed by a decentralized set of representative councils that are voted on by stakers. The Synthetix governance framework also saw continued evolution last month. 71% in the last 24 hours. For Governance Participants. Blog. This, in turn, calls the payout function on the rewards distributor. Synthetix is very unique and the closest thing that we currently have to it are asset-backed tokens. Synthetix Perps supports a wide array of synthetic assets, which is determined and updated by the decentralized governance process. Protocol name: Atlantis World. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. The Liquidity Layer of DeFi. Synthetic assets, and associated products, are collateralized by stakers via Synthetix Network Token (SNX), which when locked in a staking contract enables the issuance of synthetic assets. Let’s start with the highlights, shall we? Q2 Highlights. The Liquidity Layer of DeFi. Stats. With Thales participating in the Protocol Delegation initiative, we wish to do our part in helping the Optimism Vision with our growth and governance experience inherited from as far back as the early days of Synthetix, the pioneer of delegate governance structure. These markets enable the creation and trading of spot synths created entirely on Synthetix V3. The reason for this is to gauge demand for LPs offering up different collateral. They allow users. Abstract. In Synthetix, users can deposit any ERC-20 token approved by the Synthetix governance into a vault. Which is called The Spartan Council. Per SCCP-304, the spot market system has deployed a synthetic ETH token by creating a market for it. For security reasons, the payout function should always revert unless msg. The Synthetix governance structure is composed of Councils, Committees, Core Contributors, and a DAO. Please register to be a delegate at Participating in Token House governance will require a serious time commitment. Synthetix is excited to announce the addition of stETH/ETH perpetual futures markets, now available for leverage trading via Synthetix Perps. David_Heisenberg May 18, 2023, 1:17am 189. Synthetix started out as a stablecoin, before pivoting to DeFi. Read Synthetix (SNX) Price Prediction 2023-2024. Why do you believe your protocol would be a good steward of the. Docs. Powering the next. Synthetix is one of the oldest DeFi projects out there that has a decentralized governance structure through the SynthetixDAO. System Staking 69. io by adding links to it from different landing pages (such as governance, staking, tools, etc). In addition to its governance model, the Synthetix DAO also includes a risk management system known as the “debt ceiling”. The rules and parameters associated with the Synthetix protocol and Synthetix DAO governance are subject to change at any time. SNX is the native token of the Synthetix Network and has two main functions: staking and governance. Synthetix. Governance The protocol is governed by the Spartan Council. 6 Likes. Governance. Further, my experience over the last year and a half participating as a member of the Synthetix and Lyra grants councils has provided experience in governance and vetting public goods funding. They then used the Ether as collateral to borrow 1. The release includes: SIP-295: Addition of Perps V1 markets to Synthetix Perps V2; SIP-2000: Addition of ATOM, AXS, FLOW, FTM, NEAR, AUD/USD, and GBP/USD to Perps V2; Two new SIPs have been approved by Synthetix. The poolId and collateralType parameters specify the vault to liquidate. This section of the SIP proposes to: Label the collective governing collectively bodies as the Synthetix DAO. . For Developers. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. There are FOUR instances of the ElectionModule Proxy - each representing one of the council bodies (spartan council, ambassador council, treasury council, grants council). Further, my experience over the last year and a half participating as a member of the Synthetix and Lyra grants councils has provided experience in governance and vetting public goods funding. Docs. The benefits of direct integrations for Synthetix are three-fold. The next Synthetix community governance call is scheduled for Aug 29th at 8PM UTC (08/29 afternoon/evening for western hemisphere; 08/30 morning for eastern hemisphere). Synthetix, the DeFi protocol for trading asset-pegged synthetic tokens on. With the rise of DeFi, a new form of governance has emerged specifically designed for decentralized systems. sUSD borrowing via SNX would also be enabled as part of Project Draco. Synthetix is moving away from centralized oracles as it heads toward fully decentralized governance. 131: Revoke the "ALL" approval, if set, when withdrawing other approvals. Protocol Governance. The Synthetix Improvement Proposal repository. 00. Synthetix Governance Find links to each core component of the Synthetix Governance System. Hello fellow Apes, I’ve started this topic with advice from @Marklar to help get the conversation going around what people would like to see in the upcoming Board Nominations and Elections process. 1m: Market Cap. My view on the Optimistic Vision 150: I think funding public goods is a worthy goal but one that, in practice, needs to improve in efficiency and quality. SYNTHETIX GOVERNANCE. 00. Each item category is listed in order of the community’s preferences, as well as item level preferences. Synthetix Governance Elections is ongoing, with nominations and voting to close by August 30th. Then, an address that owns (or has relevant permissions on) that account can call the claimRewards function. As a VP of growth I would think it would be in your job description to actually use other products and garner the feedback yourself. Perps. Staking App. I’ve included a very basic AIP Draft with some generic outlines and instructions for the ApeCoin Foundation Administrators to create a. Easy to. Stats. Stats. Link to delegate commitment 9: Delegate Commitments - #162 by revmiller. It is a value-based entity, whose. PAX gold comes to mind, given that it is a cryptocurrency backed by gold. As early adopters of delegate governance structure and early participants in Synthetix governance structure, we find us to be a good fit for this initiative. Synthetix enables the creation and trading of. Yield Farming tokens to keep an eye on at the end of June Uniswap UNI/USD, Aave AAVE/USD, and Synthetix Network SNX/USD are some of the best yield farming. 15 protocols qualify to participate based on total gas fees generated on Optimism in Season 2. SYNTHETIX GOVERNANCE. Voting with a Gnosis SafeA JavaScript-based, open source Discord bot to facilitate better #governance-poll experience. SNX is a decentralized finance (DeFi) software protocol powered by a bag of intelligent contracts on the Ethereum blockchain. Protocol Governance. Kain said that the control of Infinex would be relegated to a mode of decentralized governance. Further, my experience over the last year and a half participating as a member of the Synthetix and Lyra grants councils has provided experience in governance and vetting public goods funding. The Synthetix network is a decentralized protocol that helps prepare synthetic assets or synths — blockchain versions of real-world assets. This guide has been updated as of 7/28/22. Market Development Guide. ⭐ Spartan Council/CCs: Base Deployment & Testnet Buying and selling Competitors⭐ Grants Council: NFT Challenge & Watcher Web page⭐ Ambassador Council: Spartan Areas & Governance Proposals Synthetix Governance Model. Present at the August 31, 2021 Spartan Council Weekly Project Sync: Spartan Council: Brian, Danijel,When you mint sUSD, the Synthetix smart contract will work out how much debt you represented in the network at the time you joined. Lyra Interface is an interface for trading, liquidity provision and governance of the Lyra Protocol. Staking App. All of the councils are elected by Synthetix Stakers. c-ratio. Protocol Governance. Blog. Blog. Grants Council. Kwenta. Governance. The Liquidity Layer of DeFi. There is still time to vote if you haven't yet. These are just a few of the investors who have invested in our past accelerator projects. Learn more. Docs. To perform a vault liquidation, anyone can call the liquidateVault function. 1%. – SynthetixProtocol name: BeethovenX & Balancer Name of protocol representative(s) that will serve as delegate(s): solarcurve Link to delegate commitment : Delegate Commitments - #44 by solarcurve Is your protocol OP Native?: No Was your protocol active in Optimism governance prior to 12/5/22?: I’ve voted on 100% of votes in my capacity as. $681. Powering the next. Synthetix Governance - Election Module . Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. The process for adding new perps markets to Synthetix is based on demand, liquidity, and volatility. As early adopters of delegate governance structure and early participants in Synthetix governance structure, we find us to be a good fit for this initiative. Shardeum Sphinx LiveFor Governance Participants. Stats. You can participate in the governance process by staking SNX tokens in accordance with the rules and parameters summarized here, and/or joining the Synthetix Discord and contributing to the conversation. Synthetix Governance Find links to each core component of the Synthetix Governance System. See the following articles in the Synthetix V2 documentation for more information about Synthetix Governance: Governance Framework. In other words, all members have to do is vote representatives that would make decisions on their behalf. I don’t have any direct experience but it looks intriguing. Docs. More competitive offering - Lower fees can be passed on to users, making Synthetix and its. Perps V3 Keeper. Synthetix and DYDX's funding rates are 0. For example, transferring Ether simply requires 21000 gas. Voting with a Gnosis SafeDự án Synthetix đang nổi lên như một trong những dự án tiền điện tử tiên phong trong lĩnh vực tài sản tổng hợp và thanh khoản phi tập trung trên blockchain. Maker Stability Module, inspired by Aave and Synthetix - Governance - MakerDAO. Blog. Pool: sUSD Liquidity Guage SCURVE. The. The new Synthetix Ambassadors governance portal is now live, brought to you by the Synthetix grantsDAO! The Synthetix Ambassadors program provides a simple way for SNX holders to delegate their governance voting rights in other protocols (e. Aug 14, 2023 4 min read. Transferring SNX costs more gas than that, but can also vary as it needs to call `debtBalanceOfAndTotalDebt,` and if that wallet has any debt in the Synthetix system. Base Andromeda. While this proposal passed unanimously, concerns were raised subsequently that the Snapshot vote weights deviated too far from the status quo. Synthetix. Quick Start. I keep hearing that Synthetix governance model is working well - separating decision making and funding decisions by functional area. Stats. The rules and parameters associated with the Synthetix protocol and Synthetix DAO governance are subject to change at any time. Sep 19, 2023 • 1 min read. Docs. Decisions and proposals put forth by these councils are subject to majority votes from SNX stakes, ensuring a democratic and community-driven approach to protocol development. Staking App. Perps. Further, my experience over the last year and a half participating as a member of the Synthetix and Lyra grants councils has provided experience in governance and vetting public goods funding. Current Voting Results. Governance. 1 PAX token is equal to one ounce of fine troy gold. The following post contains a recap of news, projects, and important updates from the Spartan Council and core contributors this week, as well as some performance highlights of those involved in governance. Synthetix Governance Find links to each core component of the Synthetix Governance System Join the community governance discussion in realtime. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Synthetix Improvement Proposals (SIPs) describe standards for the Synthetix platform. 7 Likes. Quarterly Report for Synthetix, Quarter 2 of 2022: April — June. <!--You can leave these HTML comments in your merged SIP and delete the visible duplicate text guiThe Synthetix Improvement Proposal repository. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Governance. ), synthetic commodities such as gold (sXAU), as well as more complex assets suchCurrent Protocol Parameters. While Synthetix's governance initially fell under a non-profit foundation, this structure dissolved in 2020. The Aelin project helps individuals (sponsors) and protocols to raise capital from their communities via two primary methods. Stats. Voting power is exclusively determined based on participation in the Synthetix V2 protocol. Also, in December 2019, Synthetix governance lowered the inflation percentage and added the same to. Name: Wintermute Address of ENS: wintermutegovernance. The next Synthetix community governance call is scheduled for June 29th at 8pm UTC (6/29 afternoon/evening for western hemisphere; 6/30 morning for eastern hemisphere), and we’d love for you to join us! We'll be holding this event on our Discord, RSVP at upcoming launch of Synthetix V3 and a decentralized exchange front-end called Infinex will. Interested in learning more about Synthetix and its plans for the future? Make sure to RSVP to the call to hear from SNX core contributors, council members, and. Synthetix Governance Find links to each core component of. Connect wallet. Integrators are rewarded for driving volume through Synthetix Perps. The liquidateAsAccountId parameter specifies an account which should receive the collateral. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. Coin Prices. While this proposal passed unanimously, concerns were raised subsequently that the Snapshot vote weights deviated too far from the status quo. Developer FAQ. Audits: n/a. Blog. These councils’ Decisions. 9. David_Heisenberg May 18, 2023, 1:17am 189. The process for adding new Synths to Synthetix is based on demand, liquidity, and volatility. but there's a sadness there, right?" Hear more from Kain Warwick about the future of #synthetix governa. Perps V3 Keeper. This doc includes minting probability estimates for different attributes. FOR PERP INTEGRATORS. Docs. . Join SNX is adding 22 new markets to Synthetix Perps soon. Synthetix V3 is currently in alpha. SNX Balance 0. The Liquidity Layer of DeFi. 5 million Synthetix governance tokens (SNX) using popular DeFi money market protocol Aave, and pooled liquidity token exchange, Bancor. Please list any anticipated conflicts of interest: NoneFurther, my experience over the last year and a half participating as a member of the Synthetix and Lyra grants councils has provided experience in governance and vetting public goods funding. . Powering the next. Wide Variety of Assets Synthetix Perps supports a wide array of synthetic assets, which is determined and updated by the decentralized governance process. The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week…Crypto News Cast For May 21st 2022 ? Crypto News Cast 📮 21-05-2022 News Source Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter. Governance. Another. Protocol name: QiDao Protocol Name of protocol representative(s) that will serve as delegate(s): Benjamin. The Election Module is proposed to replace the existing Snapshot election process carried out by the Synthetix DAOs whilst also providing a standard module which other protocols can use for their governance. Aelin is a new protocol and will have its own token, community, and governance system. Start trading in minutes. 44 with a 24-hour trading volume of $ 396. Perps. 3% went to bounties and marketing incentives. For Developers. Staking. FOR PERP INTEGRATORS. On Compound, for example, lenders and borrowers receive the native COMP token, which accrues according to usage of the.