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  • Welcome to Synthetix User Docs
    • Getting Started
    • SNX Staking
      • Deposit SNX to The 420 Pool
      • 420 Pool FAQ
      • V3 SNX Staking (Deprecated)
        • V2 SNX Staking on Optimism (Deprecated)
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  • Existing Staker Deposits
  • New Staker Deposits
  1. Welcome to Synthetix User Docs

SNX Staking

Deposit to the 420 Pool to start earning yield on your SNX

With SIP-420 implemented, Synthetix has evolved from a self-staking protocol to a delegated staking protocol. This means that rather than stakers taking on debt to mint sUSD, depositing to the 420 pool allows the protocol to mint sUSD on stakers' behalf. The protocol-managed sUSD will be used to generate yield across the DeFi ecosystem.

Existing Staker Deposits

The 420 Pool is now open for deposits for existing stakers. Learn more atDeposit SNX to The 420 Pool

New Staker Deposits

The 420 Pool will be accepting new debt-free SNX deposits soon!

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Last updated 2 days ago