Synthetix founder changed his personal username to kain.depeg (depegging)

CoinRank News: Kain, the founder of Synthetix, has changed the username of his personal X account to kain.depeg (depeg). In addition, Kain said in response to the communitys question about the depegment of sUSD: No one wants to see the depeg happen, and there are currently multiple solutions under study. Earlier news, sUSD continued to depeg. According to Parsecs analysis, the recent depegment of Synthetixs stablecoin sUSD was not due to bad debt or protocol failure, but a side effect of the adjustment of the SIP-420 mechanism. SIP-420 introduces a shared debt pool mechanism. SNX pledgers no longer mint sUSD alone and assume personal debts, but entrust funds to the public pool, thereby achieving a structure without liquidation and personal debt. However, when the sUSD price deviates from the anchor value, the pledger no longer has the motivation to repurchase sUSD at a low price to repay the debt, and the original self-regulation mechanism of the protocol becomes invalid.