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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Join the Kwenta community governance call for KIP 29, 31, 32 & 33 on Thursday, August 18th, at 1300 UTC. We will present KIPs ranging from reallocating 600,000 $OP tokens from those outlined in KIP-16, starting the transition to a Decentralized Repository for Kwenta code, a change to the KWENTA burning mechanism to another mechanism that removes KWENTA from circulating supply and additionally a process for developing the Kwenta roadmap in KIP-33.
Community members are encouraged to participate in the process by asking questions or giving feedback during the governance call. Elite Council members will use the information provided during these presentations to inform their votes and ultimately steer the direction of the Kwenta product and DAO.
Present KIP 29 - Establish $OP Incentive Program https://kips.kwenta.io/kips/kip-29/
Present KIP 31 - Decentralized Repository for Kwenta https://kips.kwenta.io/kips/kip-31/
Present KIP 32 - Change KWENTA Burning Mechanism to Treasury Reclamation https://kips.kwenta.io/kips/kip-32/
Present KIP 33 - Roadmap Development Process KIP https://kips.kwenta.io/kips/kip-33/
We'll be holding this event on our Discord, RSVP here.
If you haven't already, join the Kwenta community on Discord.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and futures, visit Kwenta.
Join the Kwenta community governance call for KIP 29, 31, 32 & 33 on Thursday, August 18th, at 1300 UTC. We will present KIPs ranging from reallocating 600,000 $OP tokens from those outlined in KIP-16, starting the transition to a Decentralized Repository for Kwenta code, a change to the KWENTA burning mechanism to another mechanism that removes KWENTA from circulating supply and additionally a process for developing the Kwenta roadmap in KIP-33.
Community members are encouraged to participate in the process by asking questions or giving feedback during the governance call. Elite Council members will use the information provided during these presentations to inform their votes and ultimately steer the direction of the Kwenta product and DAO.
Present KIP 29 - Establish $OP Incentive Program https://kips.kwenta.io/kips/kip-29/
Present KIP 31 - Decentralized Repository for Kwenta https://kips.kwenta.io/kips/kip-31/
Present KIP 32 - Change KWENTA Burning Mechanism to Treasury Reclamation https://kips.kwenta.io/kips/kip-32/
Present KIP 33 - Roadmap Development Process KIP https://kips.kwenta.io/kips/kip-33/
We'll be holding this event on our Discord, RSVP here.
If you haven't already, join the Kwenta community on Discord.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and futures, visit Kwenta.
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