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Synthetis Grants CouncilSynthetis Grants Councilby0x0e42d7887e4Dfd681Fe295BeC85729C0420E0ae0semangatjua66.lens

This will be an Educational video about Synthetix Perps V2 update and what this means for the Synthetix ecosystem . Also demo Where to start using V2 with Kwenta or Decentrex,

Voting ended about 3 years agoSucceeded

Username

drakeondigital#1036

Grant Description

What is Perps V2 about and what value does it mean for Synthetix

Overview

This will help users understand Synthetix better and understand how v2 benefits synthetix and its ecosystem

Value to Synthetix

Investors can have more conviction knowing what they are investing in as well recognize that synthetix is here to stay by making upgrades that give a more competitive advantage

Project Implementation Plan

Breifly describe synthetix and what value v2 brings over v1. In particular this will cover over 1.improved capital efficiency by incentivizing arbitrage traders 2.off chain oracles.... go into detail where prices are being being drawn from and how reduces trading fees by more than 65%, as well as prevent front running 3. How this benefits other synthetix ecosystem protocols like lyra, kwenta, polynomial 4. Demo the SNX ecosystem platforms and explain how to use the perp/option products

Additional Information

The Main goal of the video is to explain the value that v2 will bring to synthetix and how it has a competitive advantage over other protocols.

Funding Request

TBD

Off-Chain Vote

Yes
0 SNX-GCT0%
No
1 SNX-GCT100%
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Timeline

Dec 29, 2022Proposal created
Dec 29, 2022Proposal vote started
Jan 05, 2023Proposal vote ended
Oct 26, 2023Proposal updated