通过2700万美元的代币交换

该计划于2025年5月14日宣布，属于Synthetix的改进建议415（SIP-415），并正在进行社区投票等待

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

根据5月14日的宣布，Synthetix正在以2700万美元的汇率交换中获取Crypto Option Platform衍生产品（以前称为Lyra）。

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

该计划是Synthetix改进建议415（SIP-415）的一部分，将在下周进行社区投票。

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.

如果获得批准，DERIVE的前端和期权交易工具将集成到Synthetix生态系统中。这些将加入现有产品，例如永久性和特定于应用程序的链条，均与SNX相关。

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.

交易价值的价格为2700万美元，掉期比率为1 SNX至27 DRV令牌。为了资助它，Synthetix将铸造高达2930万个SNX令牌。这些令牌将被锁定三个月，然后是九个月的线性归属时间表。

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.

据Coingecko称，在公告中，SNX的交易价格为0.89美元，当天增长了11.5％。但是，令牌仍然远低于其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创始人凯恩·沃里克（Kain Warwick）说：“在一个横幅下团聚简化了我们的建筑和治理，并解锁了下一阶段。”

Derive to Integrate Crypto Derivatives Offering

衍生以整合加密衍生品的产品

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

最初是从Synthetix衍生而来的。此次收购将扭转这种分离，并将其功能恢复在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.

该交易是在包括Kwenta和TLX在内的Synthetix的早期收购之后进行的。该团队表示这是更广泛努力的一部分，以巩固对其生态系统关键组成部分的控制。

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，该采集有助于加强其对诸如Binance，Dydx，Hyproliquid和Deribit等竞争对手的位置，该竞争者最近被Coinbase获取。

SIP-415 Vote to Decide SNX–DRV Swap

SIP-415投票决定SNX – DRV交换

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.

拟议的SNX – DRV代币交换只有在社区投票支持的情况下才会进行。 Synthetix和派生的令牌持有人都必须批准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.

根据计划，DRV持有人将以设定的汇率获得新铸造的SNX令牌。令牌将遵循锁定和归属时间表来管理市场影响。

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.

没有提供有关如何分发令牌的其他详细信息。但是，该提案确认目标是在生态系统中统一治理和产品监督。

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）将该计划描述为努力，以恢复Derive拆分期间丢失的内部协调，旨在使协议制定更平滑。

sUSD Peg Plan Under SIP-420 Still Ongoing

SUSD PEG计划在SIP-420仍在进行中

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还试图稳定其Stablecoin SUSD，该公司最近降至0.68美元，但此后已恢复到0.77美元。这项工作是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泳池以鼓励Statiking。游泳池为锁定Susd 12个月的用户提供了500万个SNX令牌。目的是减少循环供应并恢复$ 1的钉子。

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.

沃里克说，该过程目前是“非常手动的”，并且缺乏用户界面。一个UI正在开发中。他补充说，如果UI启动后均值保持较低，则可以考虑其他动作。

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

SIP-420还将债务风险从Stakers转移到协议，从而改变了Synthetix生态系统中的风险。

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社区有足够的资源来通过参与游泳池来解决PEG问题。