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ZEC $514.90 -7.90%

Synthetix founder: is designing a new client project

2025-06-01 18:31:11
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ChainCatcher news, Synthetix founder kain.avax posted on the X platform that he has built a development environment with Cursor and designed a new client project, and will later add servers/databases to make the project more robust. Claude Opus has submitted a 10,000-line code Pull Request, and he spent 40 minutes rebuilding the entire project, which is now almost operational.

Previously, the stablecoin sUSD launched by Synthetix became unpegged. The SCCP-409 proposal has been approved, providing additional support for the peg of sUSD. The staking requirement for sUSD for debt forgiveness (jubilee) participants has been increased from 10% to 20% to promote the restoration of sUSD's peg.

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