PANews reported on April 21 that Kain, the founder of Synthetix, posted on a social platform that a manual staking mechanism has been launched to deal with the sUSD depegging problem, and the complete UI is expected to be launched in a few days. He said that if the new mechanism is ineffective, it will increase the pressure on the 420 liquidity pool pledgers. Kain emphasized that the problem is controllable and called on SNX pledgers to respond positively to optimize the incentive structure to restore the peg.
CoinGecko data shows that sUSD is currently trading at $0.7719, and the depegging problem is still relatively serious.
