sUSD has fallen below $0.8, and the "depeg situation has worsened." Synthetix founder threatens SNX stakers: don't think you can run without making contributions.

Synthetix's stablecoin sUSD has recently been questioned by the community due to decoupling issues. In order to promote the return of sUSD to value anchoring, Synthetix founder @kaiynne yesterday (21) updated the progress of the official staking mechanism while also putting pressure on the community, but sUSD fell below $0.8 again. (Synopsis: sUSD decoupling expands to break $0.6!) The official sacrifice of 5 million SNX rewards fight, antidote or opium? (Background supplement: sUSD stablecoin deanchored 16%: mechanism to smash the pot, or a good opportunity to dig the bottom? Synthetix's stablecoin sUSD, a DeFi protocol that allows users to create and trade synthetic assets, has not returned to anchoring $1 in value since it was decoupled at the end of March. After announcing the launch of a new staking mechanism, 420 Pool, last week (which encourages SNX stakers to deposit sUSD locks into the pool to earn rewards, in order to increase market demand for sUSD and limit the circulation of sUSD), Synthetix founder @kaiynne updated the latest progress through the X platform again yesterday (21), he said that a new staking mechanism to deal with the deanchoring problem has been officially launched, but the disadvantage is that this mechanism currently relies on manual operation. No proper user interface (UI) yet: As an update, we've implemented sUSD staking, but until the UI goes live in a few days, it's very manual. Update on the sUSD depeg. We have implemented an sUSD staking mechanism but it’s very manual until the UI goes live in a few days. Here was my hot take from discord though. — kain.depeg (@kaiynne) April 21, 2025 Synthetix founder threatens stakers It's worth noting, though, that @kaiynne While updating this development, it also puts pressure on stakers, admitting that the UI launch does make the experience of this mechanism better. But if they don't see any progress in driving sUSD back to value anchoring after going live, they will put pressure on stakers: I admit that we need to wait for the staking user interface to go live, and the current mechanism of just sending sUSD to contracts at will is highly undesirable. But once live, if we don't see staker momentum from pool 420, we'll definitely put more pressure on them. This is a completely solvable problem and the responsibility of SNX stakers. I think everyone knows how much I like to use sticks, so if you think you can get away without contributing, I'm going to have bad news for you. The total net worth of SNX stakers is up to billions, the funds to solve this problem are there, we just need to adjust the incentives. We will start slowly and improve iteratively, but I am confident that we can solve this problem. sUSD fell below $0.8 again However, it is worth noting that it is not known whether it is out of resistance to the threat of the founder of Synthetix or users are not optimistic about the mechanism, the price of sUSD fell below the $0.8 mark again yesterday, tentatively quoted at $0.77 at the moment of writing, and the decline in the past 1 week has reached 11.1%. sUSD trend. Source: CoinGecko Related reports There is another stablecoin decoupling! Synthetix's sUSD plummeted to $0.925 at one point, what happened? Re-staking protocol Solayer launches new "stablecoin sUSD": enjoy the stable income of RWA US bonds, the minimum threshold is 5 USDC Long article" How do stablecoin issuers make money? Is there so much oil and water in U.S. bonds and interest rates? "sUSD fell below $0.8 again, "decoupling worsened", Synthetix founder threatens SNX stakers: don't think about running without contributing" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".