Synthetix 面临 Arbitrum 挑战，未能延长长期激励计划拨款

Synthetix 是一种流行的 DeFi 协议，它的 Arbitrum（以太坊第 2 层平台）计划正面临挑战。

DeFi protocol Synthetix has encountered a setback in its plans for Arbitrum, a layer-2 platform for Ethereum, as the community voted against extending its Long-Term Incentive Program (LTIP) grant. The goal was to support the launch of Multi-Collateral Perps, a feature that would have allowed traders to trade on margin with ETH, BTC, and USDx as collateral when initiating perpetual futures on Arbitrum via Synthetix perpetuals.

由于社区投票反对延长其长期激励计划 (LTIP) 拨款，DeFi 协议 Synthetix 在其以太坊第 2 层平台 Arbitrum 计划中遇到了挫折。目标是支持多抵押 Perps 的推出，该功能允许交易者在通过 Synthetix 永续合约在 Arbitrum 上启动永续期货时，以 ETH、BTC 和 USDx 作为抵押品进行保证金交易。

If the Arbitrum community had agreed, it would have enabled Synthetix to distribute 900,000 ARB as trading fee rebates. According to the Synthetix proposal, they aimed to incentivize users and, in turn, boost the active trading volume of Synthetix on the layer-2 platform.

如果 Arbitrum 社区同意，Synthetix 将分发 900,000 ARB 作为交易费用回扣。根据 Synthetix 的提案，他们的目的是激励用户，进而提高 Synthetix 在 Layer 2 平台上的活跃交易量。

While novel and a net positive for Synthetix, the ARB community ultimately deemed the extension, which would have run from September 16 through November 16, to be unnecessary. As a result, 66% of all ARB votes were cast against the extension, while only 9% supported the proposal.

虽然对 Synthetix 来说是新颖且积极的，但 ARB 社区最终认为延期（原定从 9 月 16 日持续到 11 月 16 日）是没有必要的。结果，66% 的 ARB 投票反对延期，而只有 9% 的人支持该提案。

With the extension being voted down by ARB holders, the launch of the Multi-Collateral Perps feature will now be delayed. As such, Synthetix users on Arbitrum will have to wait longer to trade trustless perpetuals with the ability to use a variety of margin assets.

由于 ARB 持有者投票否决了延期，多抵押 Perps 功能的推出现在将被推迟。因此，Arbitrum 上的 Synthetix 用户将不得不等待更长的时间才能交易无需信任的永续合约，并能够使用各种保证金资产。

At the same time, there will now be less incentive for users to engage in trading on Arbitrum. Fewer users will be willing to trade on Arbitrum using Synthetix perpetuals without the extension, which will have a negative impact on the DeFi trading portal.

与此同时，用户在 Arbitrum 上进行交易的动力将会减少。越来越少的用户愿意在没有延期的情况下使用 Synthetix 永续合约在 Arbitrum 上进行交易，这将对 DeFi 交易门户产生负面影响。

Combining the above, engagement on Arbitrum would be impacted as Synthetix traders, who were aiming to receive the fee rebates from the 900,000 ARB, would withdraw.

综合上述情况，Arbitrum 的参与度将受到影响，因为旨在从 900,000 ARB 获得费用回扣的 Synthetix 交易者将退出。

What’s Next? Will ARB Recover From Record Lows?

接下来是什么？ ARB 会从历史低点回升吗？

Moving forward, it remains to be seen how Synthetix will proceed on Arbitrum, the largest Ethereum layer-2 by trading volume. As it stands, the protocol may now have to explore other methods to incentivize traders and launch the important Multi-Collateral Perps feature.

展望未来，Synthetix 将如何在 Arbitrum 上进行仍有待观察，Arbitrum 是交易量最大的以太坊第 2 层。就目前情况而言，该协议现在可能必须探索其他方法来激励交易者并推出重要的多抵押 Perps 功能。

Though SNX prices might suffer, ARB might find support now that supply will be lowered. Looking at the daily chart of the ARBUSDT, sellers are in control.

尽管 SNX 价格可能会受到影响，但由于供应量将减少，ARB 可能会找到支撑。从 ARBUSDT 的日线图来看，卖方处于掌控之中。

After peaking in January 2024, ARB has been plunging lower, sliding by as much as 80% to spot rates. The token finds itself at critical support. If bears take over, ARB will fall, printing fresh all-time lows.

在 2024 年 1 月达到峰值后，ARB 一直在走低，即期汇率下滑多达 80%。该代币发现自己处于关键支撑位。如果空头占据上风，ARB 将下跌，创下新的历史低点。