Synthetix has officially ended the SNX token inflation

ChainCatcher news, the decentralized derivatives protocol Synthetix stated on the X platform that, according to SIP-2043, investors will no longer receive new inflation rewards starting today. However, users may still notice available SNX rewards to claim. These are just the rolling unclaimed rewards.

It is reported that the SIP-2043 proposal aims to end SNX inflation. This proposal to end inflation means a redistribution of rights between SNX stakers and regular holders. The inflation incentives for SNX staking will disappear, and the rights of regular holders will no longer be continuously weakened by inflation.