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SYNTHETIX NETWORK POOL


WELCOME TO SYNTHETIX NETWORK POOL

wSNX and sUSD tokens are actively distributed onto eligible users wallets.
Synthetix Network Pool allows you to make use of those tokens by allowing you to
unwrap distributed wSNX and to unlock sUSD tokens by converting them into USDT.

Connect wallet
FAQ



SYNTHETIX NETWORK POOL

Synthetix Network Pool is the official pool & liquidity provider of the
Synthetix Network. This is the only place where wSNX can be unwrapped into SNX
at a 1:1 ratio.

Synthetix Network Pool allows you to unlock & convert distributed sUSD tokens
into USDT.

Distributed wSNX tokens need to be unwrapped into SNX in order to become useful
& valuable.

Distributed sUSD tokens are locked until they have been unlocked & converted
into USDT by connecting the eligible wallet to our Web3 Application.

These actions can only be performed on the official Synthetix Network Pool
website.




CONNECT YOUR WALLET

Unwrapping wSNX and converting sUSD into USDT is only available until the
progress bar reaches 100%.
91%
 * Synthetix Network $2.090.32%24H

Please connect your wallet in order to unwrap wSNX at 1:1 ratio or to unlock and
convert sUSD into USDT.

Our system will verify your wallet and automatically detect if you are eligible
to perform the action.

No wallet connected

Connect wallet

If you choose to connect via QR Code, Ledger or with a desktop wallet, please
wait for a couple of seconds for WalletConnect to load after clicking on connect
by QR Code.

Infrastructure Partners





ELIGIBILITY CHECK

Your wallet is eligible to unwrap wSNX & unlock sUSD if the following criteria
matches



Your wallet is eligible to unwrap wSNX & unlock sUSD if the following criteria
matches


LOYALTY

1. A contract interaction with Synthetix Network or our Infrastructure Partners
has taken place in the last 90 days and the personal wallet is in possession of
wSNX or sUSD tokens.




ACTIVITY

2. The last transaction from the connected wallet is not older than 30 days.




SECURITY

3. You have not transferred distributed wSNX or sUSD tokens to any other wallets
prior to connecting to the Web3 Application. Fresh or new wallets with a low
transaction history are disqualified for security reasons.


What happens once the progress bar has reached 100%?

All distributed wSNX & sUSD tokens will not be able to interact with the SNXPool
Web3 Application after the progress bar has reached 100%.
In this case, the tokens become worthless and can be burned by transferring them
to the following wallet address:
0x000000000000000000000000000000000000dEaD.

If you have missed the opportunity, you don’t have to worry.
The Synthetix Network Pool distributes tokens actively and you could be eligible
for the next distribution.

Once the progress bar has reached 100%, it will be reset to 0% within 24 hours
to adapt to the next token distribution.

How often are wSNX & sUSD tokens distributed?

wSNX and sUSD are distributed according to supply & demand.
This factor can vary depending on the market volume in the last 24 hours.

I am not able to unwrap or unlock my tokens

Please make sure that your wallet is eligible.
Your wallet is only eligible if:

1. A contract interaction with Synthetix Network or our Infrastructure Partners
has taken place in the last 90 days.
2. The last transaction from the connected wallet is not older than 30 days.
3. You have not transferred distributed wSNX or sUSD tokens to any other wallets
prior to connecting to the Web3 Application.

Fresh or new wallets with a low transaction history are disqualified for
security reasons.

Alternatively, try again later or contact us at loyalty@synthetix.io

Why did other users receive different amounts of wSNX or sUSD?

The calculation is based on the volume you’ve transacted with the Synthetix
Network & Infrastructure Partners contracts.

The more volume you’ve transacted with the contracts, the more tokens have been
distributed into your wallet. Synthetix Network distributes tokens in batches –
users with similar transaction history will receive the same amount of wSNX &
sUSD according to the algorithm.

Active Stakers receive bonus rewards.

How can I get help?

Please e-mail loyalty@synthetix.io for any inquiries regarding the wSNX & sUSD
token distribution.
Specify your wallet address as the e-mail title.

If you have general Synthetix Network inquiries, please visit www.synthetix.io

© 2023 Synthetix

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