The founder of Synthetix, Kain Warwick, has highlighted issues with SNX staking and proposes a solution called 420 Pool. This new staking model allows SNX holders to stake their tokens, enabling the protocol to centrally manage debt and seek yield opportunities. Initially, the primary source of yield will be minting sUSDe via Ethena, with future integrations expected. One interesting aspect of 420 Pool is the "debt jubilee," which forgives historical sUSD debt over 12 months. This feature aims to incentivize users who previously avoided staking due to the complexity of debt management. This new staking model is seen as an evolution of Synthetix's previous scaling problem, although it remains to be seen whether it will be successful or just another experiment for the platform.



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