SIP-422: Simple SNX Staking
Published
5/21/2025, 6:55:41 AM
Closes
5/31/2025, 6:55:00 AM
Votes
5
Voting Type
basic
Quorum
0
Author
1C0x1C82...F27DProposal Content
Summary
[SIP 422](https://sips.synthetix.io/sips/sip 422/) introduces a debt free staking mechanism for SNX holders on mainnet that distributes 5 million SNX in rewards over 1 year. Use...
SIP-422 introduces a debt-free staking mechanism for SNX holders on mainnet that distributes 5 million SNX in rewards over 1 year. Users can unstake at any time, but earned rewards are subject to a time-based penalty if they exit before the end of the program.
Are you in favor of this decision?
Voting Results
✓Passed
ForLeading100.0%
5
Against0.0%
0
Abstain0.0%
0
Total Votes
5
Total Score
5