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Pyth Governance Distribution Now Live for Eligible Synthetix Users

1 year ago
in DeFi
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The Pyth Governance Distribution is now open for eligible Synthetix customers to assert their tokens and help the connection between Synthetix and Pyth. Examine your eligibility and learn to declare your tokens to be a part of the early days of Pyth governance.

Pyth Governance Distribution Now Live for Eligible Synthetix Users

We’re excited to announce that the Pyth Governance Distribution is now stay. Should you meet the eligibility standards, now you can declare your Pyth tokens and assist bootstrap governance at Pyth whereas supporting the connection between Synthetix and Pyth.

Eligibility Standards

You could be eligible for the Pyth Governance Distribution if in case you have engaged in any of the next actions inside one 12 months previous to the preliminary announcement:

Posted in governance-related channels reminiscent of #governance, #spartan-council, #grants-council, #ambassador-council, #treasury-council, or #gov-call-chat.Voted on Synthetix Enchancment Proposals (SIPs) or Synthetix Configuration Change Proposals (SCCPs).Served on any Synthetix DAO physique.Authored a governance proposal.Staking SNX & participated in Synthetix governance elections.*

*Please observe that this distribution is simply a portion of the entire Pyth tokens allotted to the Synthetix group. There might be a number of future distributions for varied individuals, together with stakers who’ve voted in Synthetix governance elections.

The way to Declare Your Pyth Tokens

Claiming your Pyth tokens is straightforward. Simply observe these easy steps:

Head to https://app.streamflow.finance/airdrop with the Solana pockets you submitted by way of Appy on the Synthetix DiscordSign in and confirm your walletIf you are utilizing Ledger/Squad, click on the mandatory button on Streamflow.On the airdrops web page, you will note the Pyth Governance Distribution airdropClaim your tokens and begin taking part in Pyth governance

Observe: Unclaimed tokens might be returned to the Synthetix Treasury Council pockets after 28 days. 

Strengthening the Synthetix-Pyth Relationship

This distribution is an important step in supporting Pyth in its earliest days and strengthening the bond between the Synthetix and Pyth communities. By distributing PYTH governance tokens to these most concerned in bootstrapping Synthetix governance, we intention to create a robust basis for lively participation in Pyth governance.

Get Concerned in Pyth Governance

Now that you’ve your Pyth tokens, it is time to become involved in governance. Pyth is simply starting its journey into decentralized governance, and your participation is essential. To be taught extra about Pyth governance, try these sources:

Do not miss this chance to be a part of the early days of Pyth governance. Examine your eligibility, declare your tokens now, and let’s construct the way forward for decentralized oracles collectively!



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Tags: DistributionEligibleGovernanceLivePythSynthetixUsers
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