Synthetix, in collaboration with Infinex, is launching a rewards program starting May 23, 2025, aimed at incentivizing sUSD deposits.
New Rewards Program
Synthetix and Infinex announced the initiation of a rewards program for users depositing sUSD. This initiative aims to increase interest and engagement with sUSD within the DeFi ecosystem.
Impact on DeFi Liquidity
The rewards are expected to enhance the liquidity of sUSD, attract new users to Infinex, and potentially lead to increased transactional activity in the Layer 2 ecosystem. Experts have noted that "these incentives are designed to attract user interest and activity."
Prospects Based on Past Initiatives
The program builds on previous campaigns that successfully identified growth in Total Value Locked (TVL) within the Synthetix ecosystem. Experts like Kanalcoin suggest that this program is likely to enhance the visibility of sUSD and SNX, driving increased user engagement and strength of the DeFi protocol.
The sUSD deposit rewards program from Synthetix and Infinex may serve as a significant step toward increased financial activity in DeFi and attract new users to the platform.
