Are you an LLM? Read llms.txt for a summary of the docs, or llms-full.txt for the full context.
Skip to content

Repaying Post-Debt Jubilee Debt

Last updated: Jun 29, 2026

Following the closure of the 420 staking system and the end of Debt Jubilee under SIP-423, some users may still have outstanding debt associated with their legacy staking position.

Users with remaining debt may either continue under the new debt resolution framework or choose to repay their outstanding post-Debt Jubilee debt early.

This page explains how to contact Support to begin the debt repayment process.

Eligibility Requirement

You may be eligible to repay your outstanding debt if:

  • You have a legacy 420 staking position.
  • You have remaining debt following the closure of Debt Jubilee.
  • Your position remains subject to the SIP-423 debt resolution framework.

What You Will Need to Do

1. Contact Support

Open a Support ticket and request to speak with a Support agent. Then please confirm that you would like to repay your remaining post-Debt Jubilee debt.

Please include:

  • Your wallet address
  • Your Account ID

If you do not know your Account ID, you can find it on your Synthetix Account NFT (SACCT). This can be viewed through a blockchain explorer or NFT marketplace. If you cannot find the Account ID, please request assistance.

2. Account Review

Support will review your account and confirm the amount required to settle your outstanding debt.

3. Settling Your Debt

Once Support has confirmed your repayment amount, send your USDT to the Synthetix Treasury address:

0xebAC8Fc8752A267A36cE683A867000F69Fd0e73d

Outstanding debt can only be repaid using USDT.

4. Confirm Payment

After completing the transfer, reply to your Support ticket with:

  • Your transaction hash (TX ID)

What Happens Next

Once Support has confirmed that your debt has been settled:

  • Your request will be processed
  • Your SNX will be returned to your wallet

Notes

  • Processing typically takes around 4 weeks.
  • If anything is unclear, please contact Support before proceeding.