Synthetix launches a new clearing mechanism

05/14 10:29

Synthetix, a synthetic asset protocol, launches a new clearing mechanism (SIP-148), which completely reforms the previous system, will strengthen the protocol and ensure that cascading clearing will not undermine the stability of the Synthetix protocol. When a user's C-Ratio is below 150% under the new mechanism, they will have 12 hours to increase their C-Ratio.
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