Synthetix plans to acquire Kwenta and restart derivatives trading function
Golden Finance reported that Synthetix has initiated a proposal to acquire Kwenta and restart the derivatives trading function. The proposal has been sent to the Spartan Council and the Kwenta Council. If the proposal is approved, Synthetix will mint up to 9,050,375 new SNX tokens to fund the acquisition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet
GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
Trending news
MoreCrypto prices
More
