Kain Warwick
Kain Warwick
If you don’t care about the context and just want to read about the mechanism, jump down to the **Proposed Solution** section. Recently there has been some debate about the...
sip-306 staking fee capture
As part of our ongoing trial of the SNX auction mechanism we need a way to automatically distribute escrowed SNX. This has previously been either manually administered or implemented at...
ProtocolDAO Phase Zero is now implemented with the transition from our EOA owner to a gnosis safe multisig. The safe is now the nominated owner of all mainnet contracts. There...
The current rewards calculation is snapshot based. With a single snapshot taken each week at ~08:00 UTC on Wednesday. The percentage of the global debt represented by each wallet is...
As per recent discord discussions the current arb pool is less efficient than it could be and has poor incentive alignment. An alternative mechanism I proposed was to hold a...
One of the mechanisms Synthetix uses to support a tighter peg is the arb pool. This pool receives 5% of the weekly SNX inflation. If the ETH/sETH ratio in uniswap...