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Synthetix Launches Optimistic Ethereum L2 Testnet

Tracy CHEN

Summary: Synthetix launched Optimistic Ethereum L2 testnet. Optimistic Ethereum is the only generalised Layer 2 solution for Ethereum.This initiative will provide eligible SNX stakers with a snapshot of their SNX balance on Optimistic Ethereum's L2 testnet which they can use to stake (and mint and burn sUSD) and claim staking rewards. The synthetixDAO will provide 50,000 ...

Synthetix launched Optimistic Ethereum L2 testnet. Optimistic Ethereum is the only generalised Layer 2 solution for Ethereum.
This initiative will provide eligible SNX stakers with a snapshot of their SNX balance on Optimistic Ethereum's L2 testnet which they can use to stake (and mint and burn sUSD) and claim staking rewards. The synthetixDAO will provide 50,000 SNX per week for four weeks as staking rewards for participating in the Optimistic Ethereum testnet. To be eligible to participate in this initiative, addresses must hold between 1 and 2500 SNX, including escrowed SNX, and must have staked (i.e. minted Synths) at least once historically.

Tracy Chen

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