77%. 5 million USDC on decentralized exchange, Kyber, exerting downward pressure on the price of SNX. Revenue Share. Contribute to Synthetixio/SIPs development by creating an account on GitHub. We are excited to announce that after an eight-month successful implementation of Chainlink’s decentralised price oracles for our commodity and FX Synths, we have now switched the rest of our price oracles over to Chainlink as per SIP-36. FOR PERP INTEGRATORS - Previous. Base Andromeda. . Another Spotify podcast, Synthetix Discussions, includes longer form discussion about SIPs and Community Governance calls. Smart Contracts. Stats. Protocol Governance. The eleventh Synthetix community governance call is scheduled for July 27/28 (timezone dependant), and as usual there's a great deal to talk about! Here are the times: * San Francisco: Monday July 27, 6pm * New York: Monday July 27, 9pm * Central Europe: Tuesday July 28, 3am (not 2am as originallyThis will allow approved integrators to pass on lower fees and other vital benefits to their users, after being approved by Synthetix governance. Decisions and proposals. Powering the next. 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. Shorting ( SIP-135) and Futures ( SIP-80) will follow soon. 15 protocols qualify to participate based on total gas fees generated on Optimism in Season 2. The Liquidity Layer of DeFi. Blog. Powering the next. 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. ) to a committee of ambassadors focused on furthering. [1] Connect wallet. During this time, Gauntlet will provide risk management coverage for all Aave v2 and v3 markets using its. Join SNX is adding 22 new markets to Synthetix Perps soon. Docs. 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. See below: This delegation was something Synthetix Ambassadors had initially pushed for under its internal proposal and was approved by the Spartan Council at Synthetix. Synthetix stands at the cusp of creating a DeFi revolution with its upcoming V3 release. These markets have been in close-only mode for 3 months, but there are still some positions that haven’t been closed. You can see the list of top protocols based on gas. 014361% and 0. Base Andromeda. These include the Spartan Council, Protocol DAO, Synthetix DAO, Ambassadors DAO, and Grants DAO. Click here to view original web page at blog. Docs. FOR PERP INTEGRATORS. Aave, Compound,. 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. By integrating with decentralized oracle networks, it allows users to receive a loan of stablecoins against. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. Do you agree to abide by the delegate code of conduct: (Yes / No) Yes. SNX is the native token of the Synthetix Network and has two main functions: staking and governance. g. Governing Bodies The Synthetix Protocol is governed by four bodies, each responsible for a core aspect of a DAO. Staking App. The goal is to get the protocol to a point where it is resistant to capture, whether from a. Synthetix enables the creation and trading of synthetic assets backed by stakers using SNX tokens. Learn more. $681. The Synthetix governance elections are currently underway; The Aave community voted to add ENS as collateral, and to appoint Securitize as a whitelister to Aave Arc;The author then alerts the Spartan Council within the #governance channel on Discord to schedule a ‘SIP author interview’, which is conducted and recorded by the Spartan Council. Blog. Blog. Each governance component is assigned a specific aspect of protocol governance. Perps. Synthetix Governance. 0. Optimism migration. In addition to its governance model, the Synthetix DAO also includes a risk management system known as the “debt ceiling”. It utilizes an automated liquidity provision mechanism and has gained significant popularity. Synthetix was originally governed by the Synthetix Foundation, a not-for. 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. Powering the next. The current rewards have no expiry date but can be adjusted by a vote from Synthetix governance. 👉Q3 Highlights. 00. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. The Liquidity Layer of DeFi. target. This post is going to take a different approach. Synthetix is excited to announce the addition of ZRX & UMA perpetual futures markets, now available for leverage trading via Synthetix Perps. ⭐ Grants Council: Dune Analytics Grants & Wrapper UI (ongoing). Original Date of internal (to Synthetix governance) SIP discussing OP distribution May 18th, 2022. This is the benefit of the Synthetix system - you can gather liquidity yourself and work through governance to gather liquidity for. Docs. 👉Q3 Highlights ⭐ Spartan Council/CCs: Base Deployment & Testnet Trading Competition ⭐ Grants Council: NFT Project & Watcher Page ⭐ Ambassador Council: Spartan Spaces & Governance Proposals As we wrap up the third quarter of 2023, it’s time to review the major events of SYNTHETIX GOVERNANCE. Why do you believe your protocol would be a good steward of the. Powering the next. Additionally, data feeds from Pyth and Chainlink are necessary for any proposed assets to be considered for inclusion. These upgrades have started to lay the groundwork for stakers to migrate their collateral and debt from V2X to V3. Each governance component is assigned a specific aspect of protocol governance. Additionally, data feeds from Pyth and Chainlink are necessary for any proposed assets to be considered for inclusion. Technical Architecture. Stats. Governance. Powering the next. These markets were approved by governance in SIP 2032 and had initial configurable values set by SCCP-2042. Name. Synthetix was originally overseen by a non-profit foundation in Australia. revmiller December 30, 2022, 10:20pm 4. Earlier this year, the decentralized exchange ( DEX ) Uniswap removed a number of tokens from its front-end site that could constitute securities, including tokenized stocks from Synthetix, citing the. Additionally, data feeds from Pyth and Chainlink are necessary for any proposed assets to be considered for inclusion. Synthetix DAO does not unilaterally offer, maintain, operate, administer, or control any trading interfaces. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. Synthetix is a blockchain protocol built on the Ethereum mainnet, which provides a platform for crypto enthusiasts to access several crypto and non-crypto assets, such as indices, and commodities, among others. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. 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. Binance. Blog. So I wrote SIP-180 which proposed utilising Synthetix governance to do a fair launch with a retro distribution to all SNX stakers as compensation for using their governance framework. Sep 19, 2023 • 1 min read. It allows to creation of real world assets, like stocks and shares to be bought and traded using crypto. Meta-Governance: Network: Ethereum & Optimism: Implementor: TBC: Release: TBD: Created: 2022-08-25:. blog. The Synthetix protocol is governed by a decentralized set of representative councils that are voted on by stakers. ⭐ Spartan Council/CCs: Upgraded Liquidation Mechanism & Atomic Swap Integrations. SNXweave Weekly Recap September 24, 2021 - Blog - Podcast Synthetix Community Governance Call Come join us at 9pm UTC… synthetixweekly. Foundations are also typically responsible for the governance of the platform they represent, voting on decisions about how the platform should operate or changes that need to be implemented. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. So the tokenomic leverage of this mechanism in the protocol is between 3 and 5, depending on the current collateral requirement. 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. 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. Analogous to Uniswap, in exchange for extending credit. VIEW ALL COUNCIL MEMBERS. As Synthetix is developing into a transparent and inter-operable on chain liquidity layer, its governance must also ossify to be aligned with the resiliency of the protocol. Perps V3. VIEW ALL COUNCIL MEMBERS. Docs. All supported markets benefit from deep liquidity and low fees, thanks to the use of fully decentralized off-chain oracles and Synthetix liquidity. 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. Synthetix Governance Find links to each core component of the Synthetix Governance System. Despite Rocket Pool’s recent success, the overall statistics have not been looking great recently. Here, we will explore the role of governance in DeFi, leading protocols, and how it…Kain Warwick is an entrepreneur, blockchain developer, author, investor and all round crypto enthusiast, and is the founder of Synthetix, a decentralised synthetic asset platform that supports multiple fiat currencies and commodities. Kain said that the control of Infinex would be relegated to a mode of decentralized governance. For all their commitment to the crypto cause. Perps. Other. Request some of the existing $500m+ Synthetix collateral for your market. Spartan Council. but there's a sadness there, right?" Hear more from Kain Warwick about the future of #synthetix governa. There are FOUR instances of the ElectionModule Proxy - each representing one of the council bodies (spartan council, ambassador council, treasury council, grants council). Each governance component is assigned a specific aspect of. . 5% went to partners. 7 Likes. Synthetix is a derivatives liquidity. They have different levels of responsibilities, and to different extents they can be seen as autonomous entities that rely and control each other. Quarterly Report for Synthetix, Quarter 2 of 2022: April — June. 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 provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. 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. Perps V3. Sep 1, 2020 • 2 min read. 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 provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Maybe we can put UNI in a Maker vault, and then lend the Dai on Compound. The Synthetix protocol is far more complex than many other things you might do on Ethereum. Synthetix operates under the governance of four key bodies: Spartan Council, Treasury Council, Ambassador Council, and Grants Council. Welcome back to the 8th edition of Menya Digest! This week saw a barrage of newsflow. 52. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Synthetix, the DeFi protocol for trading asset-pegged synthetic tokens on. <!--You can leave these HTML comments in your merged SIP and delete the visible duplicate text guiThe Synthetix Improvement Proposal repository. V3Yuga Labs of Bored Apes fame drifts away from OpenSea over royalty policyNext - For Derivatives Market Builders. Multi-collateral staking will increase sUSD liquidity and the markets supported by Synthetix. These councils’ Decisions and proposals are subject to majority votes from SNX stakers, ensuring a democratic and community-driven approach to protocol development. 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. Powering the next. – 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. FOR PERP INTEGRATORS. 63, while Synthetix's lowest price was recorded on Jan 5, 2019 when it. Docs. My reasons for wanting to be a delegate: Governance, voting and the separation of powers. 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. Perps. Synthetix is a token trading platform built on Ethereum. The process for adding new perps markets to Synthetix is based on demand, liquidity, and volatility. It enables the creation of synthetic assets (Synths) by staking SNX, and these Synths can be traded for each other directly with the. VIEW ALL COUNCIL MEMBERS. The Liquidity Layer of DeFi. It’s all happening right now for the Spartan Council! Fresh off last week’s first Council-led community governance call, the next Spartan Council election has begun for the next epoch. View the history of past council elections and vote in any currently open elections. Synthetix is excited to announce the addition of stETH/ETH perpetual futures markets, now available for leverage trading via Synthetix Perps. Unique to Andromeda Base is the use of a USDC wrapper, enabling USDC to appear to be used as collateral for LPs, and as margin as perp traders. Staking App. Synthetix will use Chainlink decentralized oracles to power all price feeds on the Synthetix exchange. 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. 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. Perps. sUSD borrowing via SNX would also be enabled as part of Project Draco. Elections and Voting. Staking FAQIt is a similar story with the Synthetix coin, finding a decent bump due to the Synthetix governance approving and implementing additional 19 markets, making their grand total a solid 71. The Liquidity Layer of DeFi. Docs. For Liquidity Pool Managers. This epoch will run for three months as per SCCP-78, and there are now 22 community. Staking App. Governance. 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. Staking App. Nov 8, 2023 • 3 min read Introduction Vaults are a fundamental component of the Synthetix V3 ecosystem, serving as the primary entry point for liquidity providers. Blog. This worked well historically, but as the governance of Synthetix has progressively decentralised a more formal and transparent process for assigning members to the pDAO is required. Synths comply with the ERC-20 standard, which means they are compatible with an enormous number of protocols. dollar) and crypto assets (like Bitcoin ). So the tokenomic leverage of this mechanism in the protocol is between 3 and 5, depending on the current collateral requirement. Here are some quick details about each council. 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. The protocol and ecosystem is more broadly maintained and improved by a combination of core contributors, ecosystem partners, and community members. Staking. SYNTHETIX GOVERNANCE. The following post contains a recap of news, projects, and important updates from the Spartan Council, Core Contributors, grantsDAO and ambassadorDAO from last week, as well a discussion regarding the ongoing meta-governance SIPs. Governance bodies: Synthetix heavily relies on different DAOs to ensure governance runs smoothly. SNX Balance 0. However, the two versions of the Synthetix network running on L1 and L2 remain. The Lyra Protocol integrates with GMX on Arbitrum to delta hedge its vaults with GMX perps. Recently the Synthetix community approved governance change, transitioning SCCP votes from Discord to Snapshot (an off-chain signalling mechanism used by a number of DeFi protocols). There is still time to vote if you haven't yet. The Aelin project helps individuals (sponsors) and protocols to raise capital from their communities via two primary methods. Technical Architecture. For Developers. SYNTHETIX GOVERNANCE. Read Synthetix (SNX) Price Prediction 2023-2024. Grants Council. David_Heisenberg May 18, 2023, 1:17am 189. Docs. But even when inflation was. Synthetix is a decentralized liquidity provisioning protocol built on Ethereum and Optimistic Ethereum (a layer two scaling solution built on Ethereum). Each of the councils at Synthetix serves a different and vital role in running the Synthetix protocol. Debt positions need to be maintained at a certain collateralization ratio, which fluctuates and is determined by Synthetix governance. Synthetix Governance: A representative council system that governs Synthetix. V3. Spartan Council (8 Members) The Spartan Council (SC) is the central governing body of the Synthetix protocol. Join the Kwenta Community. Governance Framework The Synthetix Protocol has several governing bodies and artifacts which co-exist to enable the decentralized nature of the protocol. It allows to creation of real world assets, like stocks and shares to be bought and traded using crypto. Quick Start. The top 20 protocols by total gas fees generated received a delegation of idle tokens from OP as a part of this program. Blog. Garth Travers. Label all the bodies in which token holders delegate to (via a direct vote) as a Council. $1. Created: December 24th, 2022. The full configuration of Base Goerli can be seen on. By integrating with decentralized oracle networks, it allows users to receive a loan of stablecoins against collateral on-chain. Elections and Voting. Blog. Powering the next. Wallet. The Synthetix Protocol is governed by four bodies, each responsible for a core aspect of a DAO. Please list any anticipated conflicts of interest: NoneSynthetix Governance Elections - August 2023 Nominations for the Synthetix Councils' next epoch will open on Thursday, August 17th. Blog. Governance. Synthetix SNX/USD remains under pressure; the price of this cryptocurrency fell from $8. For some reason, the community keeps coming up with major. Perps. Governance. Blog. Name: Decentralized Mind aka cryptologist98. Current Target C-Ratio: 400% For more updated information, monitor Synthetix governance votes and the SIP/SCCP repo. Uniswap Governance Swap UNI for ETH and wBTC and provide liquidity. It is fair to say this was a far more successful change than anyone anticipated. Developer FAQ. There have been some welcome changes and. Synthetix Governance Find links to each core component of the Synthetix Governance System. Integrators are rewarded for driving volume through Synthetix Perps. The founder of decentralized finance (DeFi) protocol Synthetix, Kain Warwick, has submitted a proposal that would turn off very high yield returns for SNX stakers and cap the total SNX token supply at 300 million. The Synthetix discord is the place to engage in protocol governance and robust community discussion about the direction of the project. It is expected that the ambassadorsDAO will follow suit in the near future. This is the mechanism that prevents deficits during extreme market crash events, as the governance is there to ensure that the synths are sufficiently collateralized and will not result in a system deficit in. Synthetix governance was faced with a very challenging decision. Synthetix is a derivatives liquidity protocol built on Ethereum, facilitating the creation and trading of synthetic decentralized assets. It further suggests deploying Andromeda to Optimism and Arbitrum, and deploying Carina (ETH-only backed Perps) to Ethereum. This means that SNX will necessarily be worth 3-5 times the value of all necessary sAssets. Staking App. This SIP proposes the base architecture for the Synthetix v3 system, as well as all v3 related systems, such as governance instances (spartan-council, etc). Stats. Protocol Governance. The Liquidity Layer of DeFi. View the history of past council elections and vote in any currently open elections. Grants Council. **Aelin Overview **Aelin is a deal coordination protocol, it differs from an on-chain fund like the LAO because each deal is discrete. In Synthetix, users can deposit any ERC-20 token approved by the Synthetix governance into a vault. The rules and parameters associated with the Synthetix protocol and Synthetix DAO governance are subject to change at any time. A return to the old school gold standard. The GC’s Governance Guide has also been posted to their Medium page, so be sure to check it out for a lot of great information about Synthetix Governance, including proposals, Council mandates, and more. The Synthetix governance structure is composed of Councils, Committees, Core Contributors and a DAO. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. 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. Synthetix Governance DAO. The Liquidity Layer of DeFi. FOR PERP INTEGRATORS. $3. 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. Expected. Finally, SNX serves as a governance token, as users stake the token to vote on governance proposals and nominate candidates for one of three decentralized autonomous. The rules and parameters associated with the Synthetix protocol and Synthetix DAO governance are subject to change at any time. This post will highlight the changes so far and the areas of focus for 2020. 71% in the last 24 hours. Docs. g. 1m: Market Cap. Synthetix operates under the governance of four key bodies: Spartan Council, Treasury Council, Ambassador Council, and Grants Council. Staking App. Synthetix Governance Find links to each core component of the Synthetix Governance System. KIP proposal (Kwenta) Mojo created a KIP for Kwenta to agree to the terms laid out in LEAP-43, and host Lyra Options for 6 months; Optimism Governance Forum Activity: The Synthetix Ambassadors have a major voice in Optimism. Introduction. c-ratio. In 2019, an additional $3. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi, allowing anyone,. Synthetix governance decides this collateralization requirement, but it generally stays between 300% and 500%. How this process was handled can teach us a lot about the differences between DAOs and Corporations. Với tham vọng mở rộng ra ngoài biên giới của thị trường tiền điện tử truyền thống, Synthetix đối mặt với hai đối thủ chính trong lĩnh vực tài sản tổng. Perps. This doc includes minting probability estimates for different attributes. Last week the first Treasury Council was elected alongside the other DAO’s within the Synthetix governance system. This guide has been updated as of 7/28/22. The Synthetix governance structure is composed of Councils, Committees, Core Contributors and a DAO. This is a huge milestone for the project as it marks the first phase of the transition to decentralised governance. Please list any anticipated conflicts of interest: NonePerpetuals exchange protocol Synthetix added support for Lido's stETH (read more here) Synthetix governance has given the green light to add stETH to Synthetix perpetuals, making it the only protocol supporting decentralised and trustless stETH perpetuals. Stats. 👉Q3 Highlights. Stats. The elected members will serve a 4-month termAs 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 current Synthetix Governance signaling process is non-sybil resistant, easy to contest, and not a good indicator of community participation and sentiment. SYNTHETIX GOVERNANCE. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi, allowing anyone,. How to write SIP/SCCPs. Initially, Aelin v1 will be governed by the Aelin Council, a DAO which will be voted on by SNX. 129: sSNX ERC-20 Synths: Andre Cronje. 0. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. The trading of stocks, currencies, commodities, and other assets are still dominated by the likes of Wall Street, London. Link to delegate commitment 9: Delegate Commitments - #162 by revmiller. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. Synthetix is an open source derivatives liquidity protocol on Ethereum. Technical Architecture. Docs. I understand that becoming a delegate is a significant commitment: Yes. Underneath, USDC is wrapped and or traded into sUSDC for LP collateral (and collecting fees), and sUSD as perp margin. Developer FAQ. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. ) for. 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). SNX is a decentralized finance (DeFi) software protocol powered by a bag of intelligent contracts on the Ethereum blockchain. Powering the next. Information TVL Stablecoin Info Treasury Fees and Revenue Derivatives Volume Governance Forks. Synthetix staking is vastly different from other DeFi protocols; it allo…Blockchain technology is already radically transforming the financial system. Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Staking App. While this proposal passed unanimously, concerns were raised subsequently that the Snapshot vote weights deviated too far from the status quo. “Governance just gets thrown out the window during a. Synthetix reached its highest price on Feb 14, 2021 when it was trading at its all-time high of $ 28. use this example (coming) this step goes away once permissionless Markets are enabled by Spartan Council governance. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi,. The liquidateAsAccountId parameter specifies an account which should receive the collateral. How to write SIP/SCCPs. For security reasons, the payout function should always revert unless msg. Please register to be a delegate at Participating in Token House governance will require a serious time commitment. The SNX price decreased-3. Spot markets powered by Synthetix V3 allow anyone to exchange the V3 protocol’s stablecoin with a synthetic asset (or “synth”). One of an emerging number of decentralized finance ( DeFi) cryptocurrencies, Synthetix enables this service through code alone, without the need for a financial intermediary. Elections. Synthetix is very unique and the closest thing that we currently have to it are asset-backed tokens. Protocol Governance. Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi, allowing anyone,. Another. eth Discord username: Callen | Wintermute#6664 Verification and Voting Activity: Boardroom I have read and understood the Delegate Commitment Process: Yes. Show topics: what Optimism and Synthetix are how zero-knowledge rollups differ. 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. The new module will reportedly make it easier for the network to make governance decisions with. csv. The protocol is governed by Aelin DAO (also known as Aelin Council), based on the Synthetix governance framework. . Blog. Shardeum Sphinx LiveFor Governance Participants. - GitHub - psybull/snx-governance-discord-bot: A JavaScript-based, open source Discord bot to facilitat. Maker Stability Module, inspired by Aave and Synthetix - Governance - MakerDAO. Prototype V3 keeper using the Synthetix Python SDK. Synthetix Governance Find links to each core component of the Synthetix Governance System Join the community governance discussion in realtime. Address or. Spartan Council members vote on Synthetix Improvement Proposals (SIP) and Synthetix Configuration Change Proposal (SCCP).