Synthetix has extended its sUSD deposit rewards campaign on Infinex for 8 weeks, supporting peg stability as the protocol enters its mainnet public launch phase.
Synthetix has extended the sUSD deposit rewards campaign on Infinex for an additional 8 weeks, the protocol announced Monday. The extension comes as Synthetix perps enters public launch on mainnet and core contributors fine-tune the SLP vault. The incentive program rewards users for holding sUSD on Infinex while supporting peg stability.
Previous extensions of the sUSD rewards campaign have offered yields up to 18% APY and distributed thousands of OP tokens weekly to depositors. The program provides users a productive way to deploy their sUSD holdings while contributing to the stability of the stablecoin during critical infrastructure upgrades.
Sources: Synthetix Blog
This article was generated automatically by The Defiant’s AI news system from publicly available sources.
Source: https://thedefiant.io/news/defi/synthetix-extends-susd-rewards-infinex-8-weeks-gsmgbs
