Odaily Planet Daily News Synthetix founder Kain has changed the username of his personal X account to kain.depeg (depeg).
In addition, Kain said in response to the community's question about sUSD depegging: "No one wants to see depegging happen, and there are currently multiple solutions under study."
According to previous news, sUSD continued to depeg. According to Parsec analysis, the recent depegging of Synthetix stablecoin sUSD was not due to bad debt or protocol failure, but a side effect of the SIP-420 mechanism adjustment. SIP-420 introduces a shared debt pool mechanism. SNX pledgers no longer mint sUSD alone and assume personal debts, but entrust funds to the public pool, thereby achieving a structure without liquidation and personal debt. However, when the sUSD price deviates from the anchor value, the pledger no longer has the motivation to repurchase sUSD at a low price to repay the debt, and the original self-regulation mechanism of the protocol fails.