通過2700萬美元的代幣交換

該計劃於2025年5月14日宣布，屬於Synthetix的改進建議415（SIP-415），並正在進行社區投票等待

Synthetix is acquiring crypto options platform Derive, formerly known as Lyra, in a $27 million token swap, according to a May 14 announcement.

根據5月14日的宣布，Synthetix正在以2700萬美元的匯率交換中獲取Crypto Option Platform衍生產品（以前稱為Lyra）。

The plan, part of Synthetix Improvement Proposal 415 (SIP-415), is pending a community vote next week.

該計劃是Synthetix改進建議415（SIP-415）的一部分，將在下週進行社區投票。

If approved, Derive’s front-end and options trading tools will be integrated into the Synthetix ecosystem. These will join existing products like perpetuals and app-specific chains, all linked to SNX.

如果獲得批准，DERIVE的前端和期權交易工具將集成到Synthetix生態系統中。這些將加入現有產品，例如永久性和特定於應用程序的鏈條，均與SNX相關。

The deal values Derive at $27 million with a swap ratio of 1 SNX to 27 DRV tokens. To fund it, Synthetix will mint up to 29.3 million SNX tokens. These tokens will be locked for three months, followed by a nine-month linear vesting schedule.

交易價值的價格為2700萬美元，掉期比率為1 SNX至27 DRV令牌。為了資助它，Synthetix將鑄造高達2930萬個SNX令牌。這些令牌將被鎖定三個月，然後是九個月的線性歸屬時間表。

At announcement, SNX traded at $0.89, up 11.5% on the day, according to CoinGecko. However, the token remains far below its February 2021 peak of $28.53.

據Coingecko稱，在公告中，SNX的交易價格為0.89美元，當天增長了11.5％。但是，令牌仍然遠低於其2021年2月28.53美元的峰值。

“Reuniting under one banner simplifies our architecture and governance and unlocks the next phase,” said Synthetix founder Kain Warwick.

Synthetix創始人凱恩·沃里克（Kain Warwick）說：“在一個橫幅下團聚簡化了我們的建築和治理，並解鎖了下一階段。”

Derive to Integrate Crypto Derivatives Offering

衍生以整合加密衍生品的產品

Derive originally launched as a spin-off from Synthetix. This acquisition would reverse that separation and bring its functionality back under Synthetix governance.

最初是從Synthetix衍生而來的。此次收購將扭轉這種分離，並將其功能恢復在Synthetix治理下。

The deal follows earlier acquisitions by Synthetix, including Kwenta and TLX. The team has signaled this as part of a broader effort to consolidate control over key components of its ecosystem.

該交易是在包括Kwenta和TLX在內的Synthetix的早期收購之後進行的。該團隊表示這是更廣泛努力的一部分，以鞏固對其生態系統關鍵組成部分的控制。

Synthetix stated on X that the acquisition helps strengthen its position against competitors such as Binance, dYdX, Hyperliquid, and Deribit, recently acquired by Coinbase.

Synthetix在X上指出，該採集有助於加強其對諸如Binance，Dydx，Hyproliquid和Deribit等競爭對手的位置，該競爭者最近被Coinbase獲取。

SIP-415 Vote to Decide SNX–DRV Swap

SIP-415投票決定SNX – DRV交換

The proposed SNX–DRV token swap will proceed only if the community votes in favor. Both Synthetix and Derive token holders are required to approve SIP-415.

擬議的SNX – DRV代幣交換只有在社區投票支持的情況下才會進行。 Synthetix和派生的令牌持有人都必須批准SIP-415。

Under the plan, DRV holders will receive newly minted SNX tokens at the set exchange rate. The tokens will follow a lockup and vesting schedule to manage market impact.

根據計劃，DRV持有人將以設定的匯率獲得新鑄造的SNX令牌。令牌將遵循鎖定和歸屬時間表來管理市場影響。

No additional details were given on how the tokens will be distributed. However, the proposal confirms that the goal is to unify governance and product oversight within the ecosystem.

沒有提供有關如何分發令牌的其他詳細信息。但是，該提案確認目標是在生態系統中統一治理和產品監督。

Warwick described the plan as an effort to restore internal coordination lost during Derive’s spin-out, aiming for smoother protocol development.

沃里克（Warwick）將該計劃描述為努力，以恢復Derive拆分期間丟失的內部協調，旨在使協議制定更平滑。

sUSD Peg Plan Under SIP-420 Still Ongoing

SUSD PEG計劃在SIP-420仍在進行中

Synthetix is also trying to stabilize its stablecoin, sUSD, which recently dropped to $0.68 but has since recovered to $0.77. The effort is part of SIP-420.

Synthetix還試圖穩定其Stablecoin SUSD，該公司最近降至0.68美元，但此後已恢復到0.77美元。這項工作是SIP-420的一部分。

In April, Warwick launched the sUSD 420 Pool to encourage staking. The pool offers 5 million SNX tokens to users who lock sUSD for 12 months. The aim is to reduce circulating supply and restore the $1 peg.

4月，沃里克（Warwick）推出了SUSD 420泳池以鼓勵Statiking。游泳池為鎖定Susd 12個月的用戶提供了500萬個SNX令牌。目的是減少循環供應並恢復$ 1的釘子。

Warwick said the process is currently “very manual” and lacks a user interface. A UI is in development. If staking remains low after the UI launches, additional action could be considered, he added.

沃里克說，該過程目前是“非常手動的”，並且缺乏用戶界面。一個UI正在開發中。他補充說，如果UI啟動後均值保持較低，則可以考慮其他動作。

SIP-420 also shifts the debt risk from stakers to the protocol, changing how exposure is managed within the Synthetix ecosystem.

SIP-420還將債務風險從Stakers轉移到協議，從而改變了Synthetix生態系統中的風險。

Warwick stated that the SNX community has enough resources to resolve the peg issue through participation in the pool.

沃里克（Warwick）表示，SNX社區有足夠的資源來通過參與游泳池來解決PEG問題。