The migration from Synthetix V2x contracts to V3 continues to roll on immediately with the discharge for SCCP-2134 going dwell. Now all Synthetix stakers on Ethereum Mainnet can migrate to the V3 contracts. This launch impacts actions obtainable to all stakers on Ethereum Mainnet so please learn fastidiously.
Some notable updates that stakers ought to pay attention to:
Stakers can solely burn max on V2x after this SCCP is enabled. This implies stakers won’t be able to burn to 500% or burn a portion of their debt whereas nonetheless staking on V2x. Stakers can migrate to V3, the place they handle their positions on the brand new app at liquidity.synthetix.ioStakers should buy sUSD and swap it to snxUSD so as to handle their positions on V3. As soon as sUSD and debt is migrated to V3 it can not return to V2x Liquidated stakers on V2x may have their debt and SNX deposited onto V3. So Stakers that migrate to V3 will likely be receiving that debt and liquidated SNX in accordance with their proportional quantity of SNX stakedEscrowed SNX that’s but to be vested may also migrate and could be claimed on v3 at its scheduled vesting date.
To be able to migrate to V3, please go to: https://liquidity.synthetix.eth.limo/ and discover your place
When you have any questions earlier than migrating your staked place, please leap into the Synthetix discord and ask within the ?-Assist channel.
