Warwick Takes Personal Blame for sUSD Mismanagement, Charts Basis-Vault Replacement

Synthetix founder Kain Warwick published a detailed thread this morning acknowledging that sUSD has been depegged for over a year, taking personal responsibility for treasury mismanagement, and outlining a basis-vault-backed replacement stablecoin to run on the protocol's new v4 exchange. This story was reported by The Defiant. For more Crypto news in Kenya, stay tuned to Masaa.