Wu said that Synthetix officially announced that according to the SCCP-403 proposal, the platform has completed the transition to the 420 staking pool, and the old version SNX staking positions have been liquidated as planned. If the mortgage rate is ≥ 160% during liquidation, the pledge position can be restored within 6 months; Positions below 160% have been permanently liquidated. This upgrade lays the foundation for supporting future products such as Perps v4 perpetual contracts and automated Vaults. sUSD