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Pyth Governance Distribution Now Live for Eligible Synthetix Users

June 2, 2024
in DeFi
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The Pyth Governance Distribution is now open for eligible Synthetix customers to assert their tokens and assist the connection between Synthetix and Pyth. Test 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 dwell. If you happen to 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 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 comparable to #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 notice that this distribution is just a portion of the whole Pyth tokens allotted to the Synthetix neighborhood. There shall be a number of future distributions for varied contributors, together with stakers who’ve voted in Synthetix governance elections.

Methods to Declare Your Pyth Tokens

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

Head to https://app.streamflow.finance/airdrop with the Solana pockets you submitted through 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

Notice: Unclaimed tokens shall be returned to the Synthetix Treasury Council pockets after 28 days. 

Strengthening the Synthetix-Pyth Relationship

This distribution is a crucial 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 purpose to create a powerful basis for lively participation in Pyth governance.

Get Concerned in Pyth Governance

Now that you’ve got 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, take a look at these assets:

Do not miss this chance to be a part of the early days of Pyth governance. Test 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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