| COINOTAG recommends • Exchange signup |
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| COINOTAG recommends • Exchange signup |
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| COINOTAG recommends • Exchange signup |
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| COINOTAG recommends • Exchange signup |
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| COINOTAG recommends • Exchange signup |
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| COINOTAG recommends • Exchange signup |
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COINOTAG has reported a significant development within the decentralized finance sector. On October 29, Synthetix announced a proposal to acquire Kwenta as part of a strategic initiative to reinstate its derivatives trading functionalities. This merger proposal has been presented to both the Spartan Council and the Kwenta Council, reflecting a collaborative approach to governance in the crypto space. The intent behind this acquisition underscores Synthetix’s dedication to enhancing its service offerings while aiming to bolster the utility and value proposition for SNX token holders. Should the councils approve this strategic move, Synthetix plans to mint up to 9,050,375 new SNX tokens to facilitate this acquisition, demonstrating a proactive approach to funding and sustaining growth in its ecosystem.
| COINOTAG recommends • Members‑only research |
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| Entry, invalidation, targets, and R:R defined before execution. |
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| COINOTAG recommends • Members‑only research |
| 🧠Data‑led decision making |
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| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
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| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
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| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
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