DeFi platform Synthetix plans to repurchase crypto options platform Derive through a $27 million token exchange, and the transaction requires approval from both communities through SIP-415 proposal voting. Synthetix will issue 29.3 million SNX tokens (1 SNX to 27 DRV), with a 3-month lock period and a 9-month linear unlock. Derive was originally the Synthetix ecosystem project Lyra, which was spun off in 2021. This acquisition aims to integrate Derive's front-end and RWA expertise. (Cointelegraph) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42423