Synthetix, a decentralized synthetic asset protocol, has passed a governance proposal to bring back Kwenta, a frontend project that was spun out in 2021. The move aims to unify the vision and strategic priorities of both protocols and improve user experience and integration for traders. As part of the acquisition, KWENTA token holders will be able to exchange their tokens for SNX at a 1:17 rate, with SNX subject to a lock-up and vesting period.



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