Synthetix seeks an extension to support Multi-Collateral Perps, attracting new users with diverse trading strategies.
The launch of Multi-Collateral Perps on Arbitrum aims to enhance ecosystem engagement through flexible collateral options.
Synthetix has tweeted that it intends to request an extension of its original Long-Term Incentive Program (LTIP) award to facilitate the highly anticipated launch of Multi-Collateral Perpetuals (Perps) on the Arbitrum network.
This novel tool will enable users to trade perpetuals with a range of collateral alternatives, including tBTC, ETH, USDe, and SOL.
Synthetix is requesting an extension to its original LTIP grant to support the launch of Multi-Collateral Perps on Arbitrum.
This feature will allow users to trade Perps using tBTC, ETH, USDe, and SOL as collateral.
We expect this onchain innovation to attract many new users…
— Synthetix (@synthetix_io) September 6, 2024
Multi-Collateral Perps Set to Transform Arbitrum with Flexible Strateg
