🚀 **Synthetix Unveils SNAXchain: The Future of Cross-Chain Liquidity!** 🚀

Synthetix has launched SNAXchain, a new app chain designed to boost cross-chain liquidity and trading-fee revenues for native-token stakers. Initially, SNAXchain will serve as an onchain governance platform for Synthetix on Ethereum mainnet and various layer-2 (L2) scaling chains like Optimism, Arbitrum, and Base.

But wait, there's more! Synthetix is exploring future functionalities like SNX staking and a custom-built perps product. Expect more proposals in Q4!

Curious about SNAXchain’s potential? Drop your thoughts in the comments! 💬

#Synthetix #DeFi #CryptoNews