For over a day, The SGD has fallen below $0.8, and although it has a return of over 40% on Curve Pool, it still hasn't driven demand and the volume is shrinking, If Synthetix wants to insist on endogenous collateral, it should let go of Ponzi to the end. If it wants to move steadily, it should switch to US dollar or RWA collateral. Synthetix still holds some assets in its treasury: https://(debank.com)/profile/0x99f4176ee457afedffcb1839c7ab7a030a5e4a92 At least 3M-4M of exogenous assets are available, and the agreement manages a portion of sUSD's debt, with the majority being SNX. Currently, using incentives to stimulate demand for sUSD is not enough, and the team needs to take more action.