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Millions of Synthetix (SNX) Tokens Could be Burned in New Proposal From Founder

By Alex Richardson at 2026-05-09 07:32

Sentiment: Positive

Decentralized finance (DeFi) protocol Synthetix could potentially burn a significant percentage of its supply if the project moves forward with a proposal from its founder. In a new blog update, Synthetix creator Kain Warwick lays out 12 different suggestions or opportunities for the project moving forward. One of Warwick’s 12 points includes a 3:1 split […] The post Millions of Synthetix (SNX) Tokens Could be Burned in New Proposal From Founder appeared first on The Daily Hodl. Continue reading...

Categories: Altcoins

Tags: #Altcoins #defi #News #SNX #Synthetix

Source The Daily Hodl