Warwick Takes Personal Blame for sUSD Mismanagement, Charts Basis-Vault Replacement

Synthetix founder Kain Warwick has acknowledged that sUSD has been depegged for over a year, taken personal responsibility for treasury mismanagement, and published a detailed thread this morning explaining the path forward: winding down the SNX-backed stablecoin and replacing it with a... Read the full story at The Defiant