Synthetixs announces' sUSD de anchoring 'emergency solution, sUSD rebounds to 0.83 USD

BlockBeats News: On April 18th, Synthetixs announced an emergency solution for its "stablecoin sUSD de anchoring", and the USD 420 pool will be activated and incentivized in 36 hours. SNX stakers in the 420 pool can deposit sUSD to receive a reward share of 5 million SNX within 12 months. The deposited sUSD will be locked for one year and can be fully withdrawn after the event ends. The SNX rewards obtained will also be locked and unlocked within 3 months after the event ends. Synthetix founder Kain said of the emergency plan, "This is one of the worst immediate solutions for creating demand for sUSD from the user community According to market information, Synthetix stablecoin sUSD experienced a significant drop from its anchor this morning, reaching $0.7. It fell 13.9% in 24 hours and has now rebounded to $0.83.