Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeKwenta x Synthetix: A Unified Future
Today marks a monumental step forward for both Kwenta and Synthetix. Following the approval of KIP-138 by the Kwenta community and SIP-411 by the Synthetix community, the two projects will now reunite under a single mission: to build the most powerful decentralized derivatives platform in DeFi.Why Was This Decision Made?This unification brings Kwenta full circle. Originally launched in 2021 as an independent protocol through SIP-179, Kwenta was designed to be a dedicated front end for Synthet...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeKwenta x Synthetix: A Unified Future
Today marks a monumental step forward for both Kwenta and Synthetix. Following the approval of KIP-138 by the Kwenta community and SIP-411 by the Synthetix community, the two projects will now reunite under a single mission: to build the most powerful decentralized derivatives platform in DeFi.Why Was This Decision Made?This unification brings Kwenta full circle. Originally launched in 2021 as an independent protocol through SIP-179, Kwenta was designed to be a dedicated front end for Synthet...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
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Core Contributors & the Kwenta devDAO bring you one more round of Futures optimizations before we head into the weekend. We're excited to share a second release for this week. Since the launch of the Futures Beta, over 20 Futures Related tickets have been closed out, including small & large fixes, and community feature requests are being developed.
Reduce minimum margin to $50
Futures previously had a minimum requirement of 100$ sUSD to be able to interact with the system. This has recently been lowered to a more friendly 50$ sUSD requirement.
Fixes notional sizes for short positions
Futures traders opening short positions would have their position size and the notional value displayed as a negative integer. This fix correctly displays short positions.
Fixes gas price displays
Users reported not being able to see the gas fee when interacting with Kwenta. This has been addressed, and Kwenta now displays the gas fee cost per transaction.
Removes double-counting of PnL in portfolio value
The Portfolio value on the Kwenta dashboard was displaying an inaccurate number. This was caused by ‘UPnL’ being added to ‘Total Margin’. Total margin already includes ‘UPnl"‘ ‘“so it was removed from the portfolio calculation.
Adds fees to position card
Refreshes market details when users take out a position
Show Leverage on Dashboard
Adds striped table styling
Developers can join the Kwenta devDAO and claim rewards for completing any available tickets. Community members can earn rewards for using the Kwenta Beta Futures platform and providing us with feedback in our Discord.
If you haven't already, join the Kwenta community on Discord.
To learn more about how you can acquire a DAO role as a developer, marketer, governance contributor, or professional trader, visit our Documentation.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and soon futures, visit Kwenta.
Core Contributors & the Kwenta devDAO bring you one more round of Futures optimizations before we head into the weekend. We're excited to share a second release for this week. Since the launch of the Futures Beta, over 20 Futures Related tickets have been closed out, including small & large fixes, and community feature requests are being developed.
Reduce minimum margin to $50
Futures previously had a minimum requirement of 100$ sUSD to be able to interact with the system. This has recently been lowered to a more friendly 50$ sUSD requirement.
Fixes notional sizes for short positions
Futures traders opening short positions would have their position size and the notional value displayed as a negative integer. This fix correctly displays short positions.
Fixes gas price displays
Users reported not being able to see the gas fee when interacting with Kwenta. This has been addressed, and Kwenta now displays the gas fee cost per transaction.
Removes double-counting of PnL in portfolio value
The Portfolio value on the Kwenta dashboard was displaying an inaccurate number. This was caused by ‘UPnL’ being added to ‘Total Margin’. Total margin already includes ‘UPnl"‘ ‘“so it was removed from the portfolio calculation.
Adds fees to position card
Refreshes market details when users take out a position
Show Leverage on Dashboard
Adds striped table styling
Developers can join the Kwenta devDAO and claim rewards for completing any available tickets. Community members can earn rewards for using the Kwenta Beta Futures platform and providing us with feedback in our Discord.
If you haven't already, join the Kwenta community on Discord.
To learn more about how you can acquire a DAO role as a developer, marketer, governance contributor, or professional trader, visit our Documentation.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and soon futures, visit Kwenta.
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