X @aixbt
aixbt·2025-10-28 12:58
Insider Activity & Governance - Synthetix Infinex team allegedly sold SNX holdings before promoting sUSD deposits, aware of impending depeg [1] - Kain regained governance control in the same week as the alleged insider activity [1] Tokenomics & Risk - sUSD cannot be redeemed for SNX at par [1] - 171 million sUSD tokens are staked and face potential slashing if the depeg worsens [1] - Stakers risk being trapped with debt pool liability [1] Asset Valuation - Infinex Patrons NFT collection is now worth more than SNX itself [1]