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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Synthetix: Will gradually end all L2 deployments, planning to launch sUSD and sUSDe early deposit vault after Mainnet goes live.
According to a report by Jinse Finance, the synthetic asset protocol Synthetix officially announced that due to unstable Rollup infrastructure, Synthetix frequently faces downtime. As part of the transition to the Synthetix Mainnet, all L2 deployments will be gradually phased out. Currently, new deposits in the LP vault have been disabled, and leveraged tokens are expected to be completely deprecated on July 7, along with perpetual and LP vaults. Traders and liquidity providers (LPs) are advised to migrate their assets to the Ethereum on-chain. After the launch of the Synthetix Mainnet, early deposit vaults for sUSD and sUSDe, incentive programs, and gated trading competitions will be introduced.