⚡ Synthetix stablecoin sUSD has become unanchored 24-hour drop of nearly 20%, theoretical anchor value of $1, lowest drop to 0.55 The SGD did not suddenly lose its anchor, it has been gradually declining since last year @Kaiynne stated that the transition period pains of the anchor detachment system SIP-420, and the protocol has sold 90% of its ETH positions and increased its holdings in SNX to cope. The alternation of old and new mechanisms has temporarily disabled the anchoring repair capability of sUSD.