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Kwenta Staking and Trading Fee Updates

🔄 Kwenta's Zero Fee Surprise

By Kwenta

Nov 21, 2024, 3:04 PM

Key Updates for Kwenta Platform:

$KWENTA staking rewards and inflation have been halted
New staking entries are temporarily paused
Users can still claim existing rewards and exit positions
Escrow system remains unchanged for now
Trading fees on V2 Optimism reduced to zero

Important Note: These changes are part of the transition plan following KIP-138 approval. Additional updates are expected to be announced soon.

Related Update: wstETH deposits from Ethereum to Optimism will be paused from October 7th to approximately October 14th for the rebasable stETH upgrade.

Sources

Synthetix Exchange

@SNX_Exchange

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Kwenta Staking Update! $KWENTA inflation and all staking rewards are now halted. New staking entries are paused, but you can still claim existing rewards and exit positions. Escrow remains unchanged until a later date. Plus: Trading fees on V2 Optimism have been set to 0! 🔥

7:38 PM · Nov 15, 2024

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Kwenta's Integration with Perennial Labs on Arbitrum: 3-Month Analysis

Kwenta has released a comprehensive case study detailing its integration with Perennial Labs on Arbitrum, three months post-launch. The integration has introduced new features and demonstrated impressive performance metrics. Key points: - The full case study is available on Mirror - The integration brings enhanced functionality to Kwenta's platform - Performance improvements are highlighted - A detailed thread summarizes the main findings This analysis provides valuable insights into the collaboration's impact on Kwenta's decentralized derivatives trading platform. Users interested in on-chain and real-world asset exposure may find the report particularly relevant.

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