Synthetix网络通过重新设计的程序重新推出SNX Staking

此更新将与今年晚些时候计划的第四版的计划部署一致。重新设计的计划为SNX持有人提供了简单地访问未来收入分配。

May 23, marks a significant shift in the Synthetix Network staking programs, aligning with the planned deployment of version four later this year. The updated framework, designed to offer accessible avenues for future revenue distribution to SNX holders, introduces a shared pool of five million SNX tokens for staking incentives. This move aims to boost engagement in the staking system on Ethereum.

5月23日，标志着Synthetix网络放入程序的重大转变，与今年晚些时候计划的第四版的计划部署保持一致。该更新的框架旨在为SNX持有人提供可访问的途径，以提供未来的收入分配，并为有500万个SNX代币提供了共享的库存，以供Strate -Staking激励措施。此举旨在提高对以太坊的占有系统的参与。

Launched on May 20, the redesigned program offers simple access to future revenue distribution for SNX holders. Participants in the new program will share a pool of five million SNX tokens, providing incentives and encouraging engagement in the staking system on Ethereum. Users can begin viewing their rewards and manage stakes through a wallet interface.

重新设计的计划于5月20日启动，为SNX持有人提供了简单的对未来收入分配的访问。新计划的参与者将共享500万个SNX代币的池，提供激励措施并鼓励参与以太坊的饲养系统。用户可以开始查看他们的奖励，并通过钱包接口管理赌注。

The updated SNX staking program operates within Synthetix’s 420 Pool, which is managed by the protocol and replaces the previous model that required users to track their own debt and adjust collateral ratios. Through this new framework, users can now stake tokens without needing to mint synthetic assets or keep track of any debt positions. This change simplifies engagement and grants access to new and passive participants who prefer not to engage with the protocol in other ways.

更新后的SNX Staking程序在Synthetix的420池中运行，该池由协议管理，并取代了先前的模型，该模型需要用户跟踪自己的债务并调整附带比率。通过这个新框架，用户现在可以持有代币而无需造成合成资产或跟踪任何债务头寸。这种变化简化了参与度，并授予了不愿以其他方式与协议互动的新的和被动参与者的访问权。

Rewards in the pool are distributed pro rata based on the duration and amount of tokens staked. Staked balances will determine each participant’s share of the accrued earnings from the shared pool. This architecture removes complexities that previously discouraged many potential users from engaging with the protocol.

池中的奖励是根据固定的持续时间和代币数量分配的。固定余额将确定每个参与者在共享池中累计收益中所占的份额。该体系结构消除了以前劝阻许多潜在用户参与协议的复杂性。

Reward distribution will begin on May 28, 2025, and span a twelve-month period. Participants will be able to withdraw their original stake at any time after a seven-day cooldown. Withdrawing early will result in a portion of the accumulated rewards being forfeited as a penalty. This penalty will start at 100 percent and decrease gradually over twelve months. By the time the term ends, the penalty will drop to ten percent of the rewards. Any forfeited tokens will return to the Synthetix treasury to support the protocol. This mechanism is designed to encourage longer participation and align user interests with the protocol’s goals.

奖励分配将于2025年5月28日开始，并跨越十二个月。 7天冷却后，参与者将可以随时撤回其原始股份。尽早撤回将导致部分累积的奖励被没收为处罚。这种罚款将从100％开始，并在十二个月内逐渐减少。到该任期结束时，罚款将下降到奖励的百分之十。任何被没收的令牌都将返回Synthetix财政部以支持协议。该机制旨在鼓励更长的参与，并使用户兴趣与协议的目标保持一致。

New Model Makes SNX Staking More Accessible for All Users

新型号使SNX Staging更容易为所有用户访问

The re-launch introduces a simplified staking option called Simple Staking under the new model. Simple Staking allows any SNX holder with no existing debt to begin earning rewards. This process removes the technical barriers that previously limited participation in SNX token staking.

重新发射引入了一个简化的放入选项，称为新型号下的简单放样。简单的积分允许任何没有现有债务的SNX持有人开始赚取奖励。此过程消除了以前限制参与SNX代币积分的技术障碍。

Users will benefit from pro rata reward distribution without needing to perform any calculations or adjust their collateral ratios to maximize gains. The simplified approach aims for broader adoption and lowers entry hurdles for new participants. It aligns with the broader goal of more straightforward network engagement and protocol growth. By removing technical steps, this option improves user experience and reduces confusion, especially for those new to the protocol.

用户将受益于Pro Rata奖励分布，而无需执行任何计算或调整其附带比率以最大程度地提高收益。简化的方法旨在更广泛的采用并降低新参与者的进入障碍。它符合更直接的网络参与和协议增长的更广泛目标。通过删除技术步骤，此选项可以改善用户体验并减少混乱，尤其是对于那些新的协议的人。

Synthetix Network’s 420 Pool serves as the core of the protocol’s shared staking architecture. It aggregates yield from various DeFi strategies such as Aave and Maker integrations, which are used to generate a return on the protocol’s assets. The generated yield is then distributed proportionally among all SNX staking participants. This shared model removes the liquidation risks present in the individual debt-based approach. A collective pool structure delivers a more predictable reward experience for protocol users. It also supports liquidity provisioning and enhances overall network stability for participants. By centralizing rewards and output, the pool promotes consistent returns without the need for manual adjustments.

Synthetix Network的420个池是该协议共享​​的Staking架构的核心。它汇总了各种Fefi策略（例如AAVE和MAKER集成）的产生，这些策略用于生成协议资产的回报。然后，在所有SNX参与者中按比例分配产生的产量。该共享模型消除了基于个体债务的方法中存在的清算风险。集体池结构为协议用户提供了更可预测的奖励体验。它还支持流动性供应并增强参与者的整体网络稳定性。通过集中奖励和输出，池可以促进一致的回报，而无需手动调整。

Combined Staking of SNX and sUSD Aims to Expand Participation

SNX和SUSD的组合旨在扩大参与

In addition to SNX token staking, the platform also supports staking of its stablecoin sUSD, which began on April 19, 2025, and shares the same reward pool allocation. sUSD deposits are locked for twelve months without any exit options until April 19, 2026. Rewards for sUSD staking will vest linearly over three months after the lock period. This design supports the stablecoin peg after changes in the Synthetix’s 420 Pool and the manner in which debt is adjusted. Linear vesting reduces sudden reward outflows and supports the stability of reward distribution over time. Together, these combined staking options aim to broaden access and strengthen the network’s financial resilience.

除了SNX代币的Staking外，该平台还支持其Stablecoin Susd的Staking，该平台于2025年4月19日开始，并共享相同的奖励池分配。 SUSD存款被锁定了十二个月，没有任何退出选择，直到2026年4月19日。SUSD Staging的奖励将在锁定期后三个月内线性归属。在Synthetix的420池和调整债务的方式变化后，该设计支持Stablecoin PEG。线性归属可减少突然的奖励流出，并支持随着时间的推移奖励分配的稳定性。这些合并的放入选项共同旨在扩大访问权限并增强网络的财务弹性。

The long-term impact of these changes on Synthetix Network remains to be assessed. Critical metrics include participation rates, the sustainability of reward generation, and user retention and growth, which will be closely observed to measure protocol performance. As version four deploys later this year, these updated staking programs, structured around a shared pool and designed for simplicity, may attract diverse users seeking predictable reward models.

这些变化对Synthetix网络的长期影响仍有待评估。关键指标包括参与率，奖励产生的可持续性以及用户保留和增长，将仔细观察到以衡量协议性能。随着今年晚些时候的第四版部署，这些更新的放电程序围绕共享池构建并为简单起见而设计，可能会吸引各种各样的用户寻求可预测的奖励模型。

Statistics on participation levels will be closely monitored by stakeholders to gauge the real-world impact of this new framework and whether it truly enhances overall network engagement in the long run.

利益相关者将密切监视有关参与水平的统计数据，以衡量该新框架的现实影响，以及从长远来看是否真正增强了整体网络参与度。