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Pyth Governance Distribution Now Live for Eligible Synthetix Users

14 June 2024
in DeFi
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The Pyth Governance Distribution is now open for eligible Synthetix customers to assert their tokens and help the connection between Synthetix and Pyth. Verify 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. Should you 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 might be eligible for the Pyth Governance Distribution when you’ve got 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 full Pyth tokens allotted to the Synthetix group. There might be a number of future distributions for numerous contributors, together with stakers who’ve voted in Synthetix governance elections.

Declare Your Pyth Tokens

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

Head to https://app.streamflow.finance/airdrop with the Solana pockets you submitted by way of Appy on the Synthetix DiscordSign in and confirm your walletIf you are utilizing Ledger/Squad, click on the required button on Streamflow.On the airdrops web page, you will notice the Pyth Governance Distribution airdropClaim your tokens and begin collaborating in Pyth governance

Notice: Unclaimed tokens might 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 robust basis for energetic participation in Pyth governance.

Get Concerned in Pyth Governance

Now that you’ve got your Pyth tokens, it is time to get entangled 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 sources:

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